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Club Journal November 2015 The magazine for all CIU members Union President George Dawson CMD and Union General Secretary Ken Green CMD at the Houses of Parliament 75p INSIDE... Editors Letter. .
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November - CIU stands for November Common Reporting Standard (CRS) and Common Reporting Standard Information Utility (CIU). It is a reporting system used to exchange financial information between countries to prevent tax evasion.
Financial institutions such as banks, investment funds, and insurance companies are required to file November - CIU to report financial information of their clients to the government.
November - CIU can be filled out online through the designated reporting portal provided by the government. Financial institutions need to input the required financial information of their clients accurately.
The purpose of November - CIU is to facilitate the automatic exchange of financial information between countries to prevent tax evasion and improve transparency in the financial system.
Financial institutions must report information such as account balances, interest income, dividends, and other financial details of their clients.
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