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AFD Form CRS Aberdeen Fund Distributors LLC September 2021Item 1. Introduction Aberdeen Fund Distributors LLC (AFD) is registered with the U.S. Securities and Exchange Commission as a broker dealer
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01
Obtain a copy of the AFD Form CRS from the relevant authority or website.
02
Fill in the required information, including your firm's name, address, services provided, fees, conflicts of interest, and disciplinary history.
03
Provide a summary of your firm's services, fees, and disciplinary history in plain language that is easy for clients to understand.
04
Include any additional information that is required by the regulatory authority.
05
Review the completed form for accuracy and completeness before submitting it to the relevant authority.

Who needs afd form crs?

01
Any firm or individual who provides investment advisory services to clients is required to fill out the AFD Form CRS.
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AFD form CRS stands for Automatic Exchange of Financial Account Information Common Reporting Standard. It is a standardized reporting system used by financial institutions to exchange information about foreign account holders with tax authorities.
Financial institutions such as banks, investment firms, and insurance companies are required to file AFD form CRS.
AFD form CRS can be filled out electronically through the designated portal provided by the tax authorities. It requires detailed information about foreign account holders and their financial accounts.
The purpose of AFD form CRS is to facilitate the automatic exchange of financial account information between countries to combat tax evasion and ensure compliance with tax laws.
Information such as account holder's name, address, tax identification number, account balance, interest income, and other relevant financial information must be reported on AFD form CRS.
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