TRACE

Become an Authorised Intermediary under TRACE and give your clients the benefit of tax relief at source on investment income from TRACE jurisdictions

TRACE

How we support financial institutions with TRACE:

Exposure Map Report

If you act as an intermediary for clients with investments in jurisdictions that have adopted TRACE, we can provide an exposure map report that will give you:

  1. A clear picture of how you are impacted by TRACE and the benefits of becoming an authorised intermediary (AI)
  2. An overview of the operational choices available to you
  3. Practical recommendations to remediate any issues, make processes more efficient or compliance more robust

Compliance Manual Development

We can provide expert support to help your team build the comprehensive TRACE compliance manual that allows you to manage risk and operate efficiently.

We make sure that your compliance manual communicates your policies and procedures clearly to staff at all levels within the firm and can be easily adapted to reflect any operational changes.

Training

We can deliver bespoke training to help your staff understand what it means to be an Authorised Intermediary, and how the TRACE framework impacts their role.

We can provide training remotely via video call or on site. All courses are tailored to your needs and can be delivered as high-level briefing sessions or operational and compliance deep dives.

TRACE Compliance Review

Our TRACE compliance reviews help Authorised Intermediaries to assess their current level of compliance and identify areas for improvement.

We review a sample of accounts, your compliance manual and related materials, and conduct interviews with key members of staff to get a holistic, expert view of your controls.

Retained Subject Matter Expertise

We can be on hand to answer day-to-day operational questions about TRACE, either on an ad hoc basis or as your retained subject matter experts.

We provide non-legally binding opinion that is practical and to the point, so your operations team can make quick, informed decisions and get on with the job.

Start your journey with TConsult

Find out if becoming an authorised intermediary is right for your firm and get an action plan to help you move forward.

GET STARTED

“It’s dangerous to use the word “standard” in financial services. There are certainly standards, but they are rarely fully implemented or, where they are implemented, there’s enough variation to create problems. As more jurisdictions adopt TRACE, firms will need support to design flexible systems that can handle these variations efficiently.”

Ross McGill, Chairman

GET IN TOUCH TODAY

[email protected]tconsult-ltd.com

+44 (0) 1252 413551