1. Q: Until when can financial institutions (FIs) upload data in MDES this year? A: From September 5 until September 16, 2022.
2. Q: Is there a time limit between registering and activating the account in MDES?
A: Yes, the account of the FI that has been created must be activated by the FI within 24 hours.
3. Q:How many "users" can register FIs per account?
A: One "user" can be registered per account.
4. Q: Is there an automatic time limit for the "user" who is processing data in MDES?
A: Yes, 15 minutes. In the meantime, data can be saved.
5. Q: Are there costs associated with the CRS process?
A: Not creating the account, FI's may have to incur costs internally to generate their XML file.
6. Q: Do I have to register or do I have to create an account if I only have local account holders?
A: No, you do not need to register, but as FI you can be included in an audit performed by the Tax Administration.