TaleTrade’s traders are required additional information prescribed by Common Reporting Standard (CRS)

August 10, 2017

TaleTrade’s traders are required additional information prescribed by Common Reporting Standard (CRS)

TeleTrade has announced that the broker, as a financial institution based in an OECD country, is now subject to the legal requirements imposed by the Common Reporting Standard developed by the OECD (the “CRS Decree”) and the Administrative Cooperation in the Field of Taxation (Amending) Law of 2016.

The above legislation obligates the broker to complete identification of all traders and to collect information about their tax residence and status that is prescribed by Common Reporting Standard (CRS).

Now TeleTrade would like to ask all traders to kindly fill in an additional short questionnaire in your Personal Page, EDIT PERSONAL DATA tab to provide them with your tax status detail that they are required to keep.

Please note that while there’s no specific deadline to provide them with the additional information, TeleTrade may ask you to complete the said questionnaire by the time you decide to submit your next deposit or withdrawal request.

For more information, please contact TeleTrade support team.

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