Global reporting and the challenges of supporting multi-jurisdictional clients
In Autumn 2017, 15 private client lawyers, international private bankers, wealth professionals and members of BDO’s international private client tax teams from BDO US, BDO UK and BDO Singapore, were in New York for a roundtable debate with the Society of Trust and Estate Practitioners (STEP). The subject was the challenges for international advisors presented by the move towards worldwide transparency and reporting, and of working with clients in multiple jurisdictions.
The key takeaways from the event were the growing need for collaboration and communication between international professional advisers, and how we as a professional network can strengthen these relationships to achieve success for clients.
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