December 2016 | Business View Caribbean

58 59 big four to do that and, therefore, our niche was serving pan-regional and international clients across the CARICOM region.” Today, EY Caribbean is one partnership with 600 employees and offices in Trinidad, Jamaica, Barbados, Curaçao, Aruba, and St. Lucia. “The bedrock of the firm is assurance audit services,” says Sambrano. “We are also the lead- ing provider of tax services across the region. We also help clients with transactions support when they need to do mergers and acquisi- tions, or divest of their businesses; if they need to raise debt, if they need valuations, or raise funding to do those transactions. And then, we help clients with respect to things like cyber security, enterprise risk in general, or if they just need to re-design their processes to make them more efficient.” Sambrano believes that EY Caribbean distin- guishes itself from the competition because of its regional structure. “When a regional client comes to us, we can seamlessly deliver their needs across the CAR- ICOM region,” he explains. “If we have a client who is looking to expand into other territories, our network and our organization allows us to bring clients together from across different ter- ritories.We have common economic interests and one set of management for the entire firm, as opposed to separate management in each practice. Having done it the best, and having done it deeply, we believe we don’t have the boundaries that others may have.” Sambrano says that EY Caribbean’s client ERNST & YOUNG If we have a client who is looking to ex- pand into other territories, our network and our organization allows us to bring clients together from across different territories. We have common economic interests and one set of management for the entire firm, as opposed to sep- arate management in each practice. Having done it the best, and having done it deeply, we believe we don’t have the boundaries that others may have. CHRIS SAMBRANO RANSACTION ADVISORY SERVICES MANAGING PARTNER YOUR FOUNDATION IN A Changing World HOW CAN TECHNOLOGY HELP YOU NAVIGATE A COMPLEX CRS AND FATCA REGULATORY LANDSCAPE? International tax transparency laws are constantly evolving. The new global standard on Automatic Exchange of Information (AEOI) challenges financial institutions to implement new procedures to maintain compliance. With 25 years of experience in global tax information reporting, Thomson Reuters ONESOURCE AEOI Documentation and Reporting for FATCA and CRS helps you automate processes while reducing operational and reputational risk, helping to ensure compliance. tax.tr.com/aeoi