Tax and Compliance
CheckSig Clear Tax and Compliance solution provides a streamlined framework for managing crypto taxation and regulatory reporting. Automating the generation of essential regulatory filings, the solution incorporates embedded AML and CFT procedures to maintain compliance with transparency standards. Built to ensure secure and compliant cryptocurrency operations, it delivers consistent alignment with evolving regulatory requirements.
Tax Engine
The tax engine is specifically designed to manage crypto-assets in full compliance with applicable regulations. It facilitates precise tracking of capital gains and losses using standardized LIFO and FIFO methodologies, ensuring accuracy and consistency. Built on robust data protection standards, the system guarantees transparency and security throughout the entire process.
Tax Withholding
Tax withholding on crypto transactions is managed through an automated, regulation-aligned calculation framework. With minimal operational effort, it enables financial institutions to act as withholding agents for end clients, offering a compliant and ready-to-deploy solution. The system reduces the complexity of fiscal management while integrating seamlessly into existing client relationships.
Ad Hoc Reporting
A dedicated service supports the management of fiscal obligations for clients with pre-existing crypto holdings seeking to regularize their positions. This offering includes the reconstruction of complex past transactions, even when involving multiple operators, ensuring comprehensive and accurate reporting. Delivered with expert consultancy, the service also serves to strengthen loyalty among sophisticated clients already holding crypto.
Designed for the banking industry
See why Financial Institutions choose CheckSig Clear
Integrated AML and CFT
Compliance solutions are designed to align with internal control frameworks while preserving full ownership of the client relationship. The offering addresses key regulatory components, including Know Your Transaction (KYT) and Travel Rule compliance, delivering targeted support for the most technical aspects and integrating seamlessly into existing operational processes.
Regulatory Expertise
Expertise consolidated over years of experience navigating complex regulatory frameworks supports institutions in effectively managing evolving compliance requirements. By aligning with recognized industry standards and best practices, this proficiency enables the maintenance of robust compliance programs that adapt seamlessly to ongoing regulatory changes, mitigating risks and fostering operational resilience.