Singapore/Hong Kong, 4 November 2024 — Regnology Tax Hub was awarded Best Tax Reporting Solution at the 7th Regulation Asia Awards for Excellence 2024, celebrated in person on 4 November 2024, for its cutting-edge approach to regulatory compliance, AI-driven automation, and client-focused adaptability in global tax reporting.
Presented in the Fraud and Financial Crime category, the Best Tax Reporting Solution award recognises platforms that set new standards in tax reporting compliance, regulatory alignment, and operational efficiency.
This category celebrates solutions that empower institutions to navigate complex tax reporting obligations with accuracy, speed, and innovative technology, answering the industry’s growing demand for streamlined, compliance-focused solutions.
The judging panel recognised Regnology for its ability to enhance tax reporting accuracy and compliance on a global scale. By incorporating advanced AI, cloud scalability, and client-driven customisation, Regnology’s solution has proven to be transformative, one awards judge said. “The platform’s robust error management, reconciliation tools, and flexibility in adapting to diverse regulatory standards align directly with the needs of the financial industry and helps to foster operational resilience and regulatory precision.”
“Regnology Tax Hub exemplifies excellence in tax reporting, demonstrating not only regulatory rigour but also a forward-looking approach to client support and data management. Their integration of AI and flexible deployment sets a new benchmark for tax reporting compliance, empowering institutions to navigate the significant complexities in this area with confidence.”
Bradley Maclean, Co-founder of Regulation Asia and Chair of the Awards CommitteE
“We are honored to receive the Best Tax Reporting Solution award at the 2024 Regulation Asia Awards for Excellence for the third year in a row. Regnology Tax Hub is dedicated to setting new standards in global tax reporting, and this recognition underscores our unwavering commitment to innovation, regulatory compliance, and client-focused adaptability. We thank Regulation Asia for this prestigious award and our clients for their continued trust and support.”
Jorg Schaper, Head of Product for Tax Reporting, Regnology
About the Regulation Asia Awards for Excellence 2024
The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.
For a full list of the award 2024 winners, visit www.regulationasia.com/awards.
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