Welcome to The Fully Compliant, a podcast by Trans World Compliance. Today we present “How FATCA and CRS Are Impacted by Global Trends”.
We're exploring how three major global trends are reshaping FATCA and CRS compliance in ways that go far beyond technical requirements.
And we're looking at this from multiple angles - the technological disruption of AI, the shifting political landscapes, and the growing tension between transparency and privacy.
As you all know, these aren't just compliance issues anymore; they're strategic business considerations that could define the next decade of financial services.
Our two outstanding guests are:
Robert Jan Meindersma, cofounder of Triple Tax Services in the Netherlands, who's been advising financial institutions across Northwestern Europe in operational taxes.
And Nicolás Londoño, Business & Market Development Manager at Trans World Compliance, who works directly with tax authorities and financial institutions providing solutions for global transparency requirements.
Bienvenidos a The Fully Compliant, un podcast de Trans World Compliance. Hoy presentamos "Nuevos Estándares de Regulación Fiscal Internacional en Colombia".
Estamos explorando cómo los cambios regulatorios globales están transformando el panorama del cumplimiento fiscal en Colombia, desde los estándares ya establecidos como FATCA y CRS, hasta las nuevas regulaciones que están por llegar como CARF y DPI.
No se trata solo de cumplimiento técnico; estamos hablando de consideraciones estratégicas que podrían definir la próxima década para las instituciones financieras colombianas.
As global regulators move to bring crypto assets under tighter control, the OECD’s Crypto-Asset Reporting Framework (CARF) is set to reshape cross-border tax transparency. But what does CARF actually require, and how should financial institutions, tax advisors, and compliance teams prepare?
Join Dave Olenzak, President of Trans World Compliance, and Stanley Foodman, CEO of Foodman CPAs & Advisors, for a candid, expert-led discussion designed to cut through the noise. This session will explore CARF’s real-world implications, how it compares to FATCA and CRS, and what you need to do now to strengthen your compliance approach.
This podcast is the result of a webinar on May 22, 2025.
Cybersecurity in the financial sector isn’t just a technology issue—it’s a compliance issue, a data governance issue, and in some cases, a national security issue. With growing attack surfaces, increasingly sophisticated threats, and a flood of new regulations like CARF and DPI, financial institutions face an uphill battle to stay protected and compliant.
Welcome to The Fully Compliant, a podcast by Trans World Compliance. Today we present: “Cyber Risk and Compliance Pressure.” Our guest is Dave Olenzak, President and Founder of Trans World Compliance. He’ll help us connect the dots between today’s top cyber risks, the complexity of modern financial ecosystems, and what compliance teams can do to strengthen their defenses.
CRS and FATCA reporting can be a minefield for financial institutions. Errors in data entry, incorrect classifications, and last-minute scrambles to fix missing information aren’t just frustrating—they can lead to fines, regulatory scrutiny, and damaged credibility. Even with the right tools, the most experienced compliance teams can encounter roadblocks.
Welcome to The Fully Compliant, a podcast by Trans World Compliance. Today we present: “CRS & FATCA Common Reporting Challenges and How to Address Them”. Our guest today is Eugenie Meijer, Director of Support and Training at Trans World Compliance, who will break down the most common reporting pitfalls and how to fix them.
The regulatory landscape under CRS and FATCA is constantly changing, and financial institutions must adopt a proactive approach to compliance. As tax authorities intensify their scrutiny and the potential for significant penalties grows, institutions must implement effective, automated solutions. These measures will streamline reporting processes, improve data accuracy, and reduce compliance risks.
Welcome to The Fully Compliant, a podcast by Trans World Compliance. Today we present: “Staying ahead of CRS and FATCA compliance.”
This episode we’ll be sharing some extracts from a webinar we did last year with one of our partners. In the webinar, Dave Olenzak, our President and Founder, and Eugenie Meijer, Director of Support and Training at TWC, sat down with Stanley Foodman, CEO of Foodman CPAs & Advisors, and Isabelle Wheeler, Managing Director of Regulatory Compliance at Foodman CPAs & Advisors.
As the final reporting season under the current CRS regime approaches, it’s more important than ever to get ahead of the curve. With major changes set to take effect next year, there’s a critical window of opportunity to prepare. By gathering the required data, resolving inconsistencies, and streamlining processes now, you can ensure a smooth transition. Waiting until the last minute could mean scrambling to meet new requirements, so starting early is the key to success.
Welcome to The Fully Compliant, a podcast by Trans World Compliance. Joining us this episode is Natalie Dowling, Head of Tax Platform at Hartford Consulting and a seasoned expert in tax reporting strategies.
After completing the annual reporting cycle, it’s tempting to think you can relax until the next year. However, Q4 is the perfect time to start preparations for the next reporting season. By using this time to fine-tune your processes and address any outstanding tasks, you can set yourself up for a smoother, more streamlined start when the new year begins.
Taking advantage of Q4 to refine your approach and implement improvements can significantly ease the pressure down the line, ensuring that you're better prepared and more efficient when it's time to tackle the next big challenge.
Welcome to The Fully Compliant, a podcast by Trans World Compliance. Today we present “Q4 Compliance Prep”.
We’re diving into the essential steps compliance professionals can take during Q4 to set themselves up for success in 2025. Our guest is Avril Bell, a FATCA and CRS Specialist and Executive Director of Complere Consulting.
Los cambios en las políticas de regulación financiera y fiscal son inevitables, y Panamá no es la excepción. Con la reciente elección de José Raúl Mulino, el país se enfrenta a una serie de transformaciones significativas que tendrán un impacto profundo en su marco regulatorio. Además, estar en la lista 'gris' de la Unión Europea presenta desafíos adicionales, no solo para el gobierno, sino también para las entidades financieras que operan dentro del país. Adaptarse a estas nuevas realidades es crucial para garantizar la estabilidad y la transparencia del sistema financiero.
Las regulaciones internacionales juegan un papel fundamental en este escenario, ejerciendo una presión directa sobre las instituciones financieras para que cumplan con los estándares globales. La capacidad de Panamá para salir de la lista 'gris' dependerá en gran medida de cómo maneje estas normativas y de su disposición para implementar los cambios necesarios.
Bienvenidos a The Fully Compliant, un podcast de Trans World Compliance. Hoy presentamos: "Estrategias de cumplimiento y transparencia fiscal en Panamá Parte 2". En este episodio, continuaremos escuchando el panel que realizamos en julio con TR Consultores en Panamá.
Nuestros invitados fueron Abner Sanjur, socio fundador y director comercial de TR Consultores; Mayteé Sánchez Pérez, vicepresidente de cumplimiento y seguridad integral en BANISI; y Ricardo Solis, socio legal de Abacco Consulting. El panel fue moderado por Daniel Farías, director de desarrollo de negocios y mercado de TWC.
La transparencia fiscal y el cumplimiento normativo son esenciales para mantener la integridad financiera, y, sobre estos campos, Panamá se ha destacado como un ejemplo de evolución y adaptación. La implementación de estrategias efectivas y el aprovechamiento de tecnologías emergentes han permitido a las instituciones financieras en Panamá fortalecer sus procesos y enfrentar los desafíos regulatorios con mayor eficacia.
Sin embargo, las medidas legales y regulatorias, los desafíos para adoptar la automatización, y la implementación de criptoactivos son solo algunos de los temas que continúan siendo críticos tanto en Panamá como en el mundo.
Bienvenidos a The Fully Compliant, un podcast de Trans World Compliance. Hoy presentamos: "Estrategias de cumplimiento y transparencia fiscal en Panamá Parte 1". Este episodio es especial. En lugar de una entrevista, compartiremos extractos del panel que realizamos en julio con TR Consultores en Panamá.
Nuestros invitados fueron Abner Sanjur, socio fundador y director comercial de TR Consultores; Mayteé Sánchez Pérez, vicepresidente de cumplimiento y seguridad integral en BANISI; y Ricardo Solis, socio legal de Abacco Consulting. El panel fue moderado por Daniel Farías, director de desarrollo de negocios y mercado de TWC.
In an era where data permeates every facet of our lives, the structured and secure exchange of this data becomes pivotal, especially when it spans borders and involves sensitive financial information. Global data exchanges now form the backbone of international finance, influencing everything from corporate compliance to individual tax obligations. This digital evolution continues to challenge the old paradigms of financial transparency and security, underscoring the indispensable role of compliance professionals in ensuring financial integrity.
Data exchanges are crucial to keeping the global economic engine running smoothly, as with the Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA). However, as regulations evolve and new data types, such as crypto assets, are incorporated, these exchanges' mechanisms must adapt to uphold the integrity and compliance of financial operations worldwide.
Welcome to The Fully Compliant, a podcast by Trans World Compliance. Today, we present: "Beginner's Guide to Data Exchanges."
This episode is slightly different. Instead of an interview, we share extracts from a presentation by Dave Olenzak, President and Founder of Trans World Compliance (TWC). These insights were presented during the anniversary celebration of Regional Compliance Consultants last May in Trinidad.
In today's rapidly changing financial environment, the importance of regulatory compliance cannot be overstated. Compliance professionals play a crucial role in safeguarding the integrity and security of financial institutions and tax authorities, ensuring that they strictly follow all required regulations and guidelines. The industry's success and long-term viability depend on their unparalleled skill in effectively navigating the complex maze of compliance obligations and their remarkable aptitude for mitigating financial risks. By consistently staying ahead of the curve and adapting to new regulations, these professionals play a crucial role in upholding the trust and confidence of clients and stakeholders in the financial sector. Welcome to The Fully Compliant, a podcast by Trans World Compliance. Today we present: Insights from an Expert Auditor. Ricardo Matos Cardoso, our guest for today, is an experienced compliance professional with vast knowledge in auditing, risk management, and regulatory compliance.
In today's financial landscape, the concepts of Beneficial Ownership and Politically Exposed Persons (PEPs) have become critical focal points in the global fight against money laundering and terrorist financing.
Jamaica, like many nations, has faced challenges in aligning its Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) measures with international standards, particularly those set by the Financial Action Task Force (FATF). The country's recent listing for increased monitoring underscores the urgency of addressing these deficiencies. The intricate dance of legal, financial, and regulatory maneuvers around Beneficial Ownership and PEPs reveals the complexity of modern financial crime, where the stakes are high not just for individual nations but for the integrity of global finance.
Welcome to The Fully Compliant, a podcast by Trans World Compliance. Today, we present: Beneficial Ownership and PEPs.
Joining us is Fabian Sanchez, a seasoned compliance professional with over 15 years of experience in the financial and regulatory environment. Fabian's expertise spans Anti-Money Laundering/Counter Financing of Terrorism and Management, making him the perfect guide as we navigate the complexities of Beneficial Ownership and PEPs.
En el mundo acelerado de los servicios financieros, los equipos de marketing y cumplimiento desempeñan roles cruciales y, a menudo, trabajan en estrecha colaboración en las organizaciones para el éxito de una empresa.
Sin embargo, con el paisaje regulatorio en constante evolución y la necesidad de mantenerse competitivos en un mercado abarrotado, la tensión entre estos departamentos se ha vuelto cada vez más evidente.
Bienvenidos a The Fully Compliant, un podcast de Trans World Compliance. Hoy presentamos Marketing y Cumplimiento con Valentina Arbeláez, jefe de Marketing en TWC.
In today's globalized world, compliance isn't a one-size-fits-all solution. From the headquarters to foreign offices and even within various departments, understanding the culture is key to developing an effective compliance program.
Welcome to The Fully Compliant, a podcast by Trans World Compliance. Today we present: Compliance and Culture.
We’re joined by Elizabeth McMorrow, an expert in financial industry compliance, with more than 25 years' experience, who advises fintechs, crypto-related firms, investment management firms, private equity firms, and trust companies on their FATCA, CRS, KYC and AML amongst others.
Training and consulting in compliance are critical components of any successful organization, ensuring that companies navigate complex regulatory landscapes while upholding their commitment to ethical conduct.
That’s why it is important for companies to have on their side an industry expert that will guide them through this landscape while keeping compliance fun.
Welcome to The Fully Compliant, a podcast by Trans World Compliance. Today we present: consulting and training.
We’re joined by Roxanne Forde, principal consultant of Regional Compliance Consultants, and a specialist with more than 15 years in experience in providing practical regulatory compliance solutions and guidance in the Caribbean region.
Modern slavery is a serious problem in our society affecting vulnerable people around the world, although its prevalence may be most evident in industries such as manufacturing and agriculture.
Modern slavery also leaves its mark on the financial and tax sectors. These sectors, known for their complex networks, global transactions and outsourcing practices, present unique challenges and opportunities in addressing and combating modern slavery.
Welcome to The Fully Compliant. A podcast by Trans World Compliance. Today we present Modern Slavery with Daniel Farias, Director of Business and Market Development at TWC.
La esclavitud moderna es un grave problema en nuestra sociedad, que afecta a personas vulnerables en todo el mundo. Aunque su prevalencia puede ser más evidente en industrias como la manufacturera y la agrícola, la esclavitud moderna también deja su huella en el sector financiero y fiscal.
Este sector, conocido por sus complejas redes, transacciones globales y prácticas de externalización, presenta retos y oportunidades únicos a la hora de abordar y combatir la esclavitud moderna.
Bienvenidos a The Fully Compliant, un podcast de Trans World Compliance. Hoy presentamos Esclavitud Moderna con Daniel Farías, director de Desarrollo de Negocios y Mercados en TWC.
Before the invention of the automobile, a long time before the internet, the cell phone, and social media, people had few alternatives when it came to complaints or issues.
But then came the telephone. Without it, modern businesses wouldn’t be able to build quality relationships with their customers.
The Industrial Revolution provided an interesting backdrop for the customer service business.
Customer support wouldn't be necessary at all if not for commerce, mass product production, and the lightning-fast innovation and technology required to scale goods and services to the masses.
Welcome to The Fully Compliant, a podcast by Trans World Compliance. Today we present "Customer Support 101" with Eugenie Meijer, Director of Support and Training at TWC.
As we know from the Paradise Papers, the Panama Papers, and the Pandora papers, the rich, the powerful, and companies can avoid paying their full share of taxes through offshore accounts and shell companies. Around 100-240 billion USD is lost in revenue annually worldwide through base erosion and profit shifting (BEPS) practices. This is equivalent to 4-10% of the global corporate income tax revenue. In response to that, the OECD came up with the BEPS initiatives.
Through the OECD/G20 Inclusive Framework on BEPS, over 135 nations and jurisdictions work together to put the BEPS package into place.
The BEPS package has 15 Actions that give governments the tools they need to stop tax avoidance, both domestically and internationally. One of those is NTJ.
Welcome to The Fully Compliant, a podcast by Trans World Compliance. Today we present "A closer look at NTJ" with Dave Olenzak, President and Founder at TWC.