PwC Middle East and Label, the specialist RegTech company behind a leading tax transparency compliance platform, recently announced an exclusive strategic collaboration to deliver a comprehensive FATCA, CRS and CARF compliance offering to financial institutions across the Middle East.
As regulatory requirements continue to evolve and tax authorities increase their focus on tax transparency initiatives, financial institutions are focusing on improving reporting accuracy, strengthening governance, and managing increasingly complex compliance obligations. The collaboration brings together PwC Middle East‘s deep tax, regulatory and industry expertise with Label’s automation and AI enabled technology to support organisations to automate and streamline end to end processes from onboarding to reporting with greater confidence and efficiency.
Under the agreement, PwC Middle East will serve as Labelโs exclusive partner across the region for on-premise implementations. Together, they will offer an integrated solution that can be implemented on-premises, enabling financial institutions to automate reporting processes, enhance data quality and reduce the operational burden associated with FATCA, CRS and the emerging CARF requirements.
The collaboration reflects a broader shift across the financial services sector, where organizations are transitioning from fragmented and manual tax compliance processes towards technology and AI-enabled operating models. By combining specialist tax and advisory experience with automation, financial institutions can improve reporting outcomes while strengthening transparency, auditability and regulatory readiness.
“As regulatory tax expectations continue to evolve, financial institutions are looking for solutions that combine deep technical expertise with practical innovation,”ย said Bilal Abba, Partner and Middle East Global Information Reporting Leader, PwC Middle East.
“Our collaboration with Label reflects PwC Middle East’s commitment to supporting clients navigate an increasingly complex compliance landscape through technology-enabled solutions that deliver greater accuracy, transparency and efficiency. “
The joint offering will support organizations throughout technology implementation, reporting execution and ongoing compliance management.
“This collaboration represents a significant milestone in our growth journey and reflects a shared vision for the future of tax transparency compliance,”ย saidย Rodrigo Ruiz, CEO & Co-Founder, Label.
“By combining PwC Middle East’s trusted tax advisory capabilities with Label’s automation platform, we are bringing a truly integrated solution to marketโone that helps financial institutions simplify compliance, improve reporting quality and adapt to an increasingly demanding regulatory environment. We are excited to work alongside PwC Middle East across the region as they prepare for the next generation of tax transparency reporting.”
As regulatory scrutiny and transparency obligations continue to evolve and new frameworks such as CARF come into effect, financial institutions will increasingly require scalable, technology-driven compliance capabilities to meet reporting demands efficiently and at scale.
