Regulatory

Compliance and transparency for international wealth: beneficial ownership, FATCA/CRS reporting, and disclosure obligations when your life and assets cross borders.

Beneficial Ownership and Corporate Transparency

Identifying and reporting the individuals who ultimately own or control companies, holding companies, and wealth-planning vehicles.

• Determining and registering ultimate beneficial owners with commercial registries and the relevant authorities.
• Structuring ownership to meet transparency standards without compromising asset protection.
• Updating reports when the ownership or control structure changes.

Financial Information Exchange Reporting

Complying with automatic information-exchange reporting obligations across jurisdictions.

• Determining the reportable or non-reportable status of accounts, entities, and vehicles.
• Coordinating with financial institutions on FATCA reporting (United States) and CRS reporting (OECD standard).
• Analyzing tax residence and ownership to prevent inaccurate or duplicate reporting.

Foreign Asset and Account Disclosure Obligations

Complying with reporting requirements when a client's wealth or life crosses borders.

• Advising on foreign asset reporting (income and wealth tax returns in Colombia; FBAR and Form 8938 in the United States, as applicable).
• Identifying reporting obligations for foreign trusts, foundations, and fiduciary vehicles.
• Regularizing previously unreported assets and assessing the related risk.

AML/KYC Compliance for Wealth-Holding Structures

Due diligence and anti-money laundering compliance for investment vehicles and family wealth structures.

• Designing KYC/AML policies for holding companies, private interest foundations, and family offices.
• Conducting source-of-funds due diligence when establishing foreign structures.
• Coordinating with financial institutions and fiduciary service providers to open and maintain accounts.

Foreign Exchange Regulations and Fund Transfers

Foreign exchange compliance for cross-border outflows, inflows, and gifts.

• Advising on the appropriate foreign exchange channels for investments, gifts, and transfers of assets abroad.
• Registering international investments with the Central Bank of Colombia and equivalent authorities.
• Assisting with the regularization of unreported foreign exchange transactions.