The combined offering pairs CMG's specialized FATCA, W-8 and cross-border consulting expertise with TWC's automated OECD reporting platform — giving banks, asset managers, broker-dealers, family offices and private banks across the Spanish-speaking market a single, coordinated path to comply with FATCA (Modelo 290), CRS (Modelo 289), and DAC.
Madrid, Spain and Rockville, MD — June 17, 2026 —
Trans World Compliance, Inc. (TWC), a leading provider of automated regulatory reporting software, and CMG Consulting, a specialized cross-border compliance consultancy with offices in Madrid (Spain) and Miami (United States), today announced a strategic partnership that brings together hands-on consulting expertise and proven reporting technology to support financial institutions across Spain and Latin America in meeting their FATCA, CRS, and DAC.
The alliance combines CMG's deep operational expertise — built on more than 20 years of international client onboarding, W-8 documentation review, and FATCA program design — with TWC's CRS/FATCA One solution, which today supports more than 200 financial institutions across 100+ jurisdictions and maintains a 99% client retention rate. Together, the two firms cover the entire cross-border compliance lifecycle for the Spanish-speaking market: from client onboarding and documentation through data validation, Modelo 290 filing with the AEAT and other CRS/DAC reporting, and ongoing program maintenance.
“In Spain and Latin America, financial institutions face a growing stack of obligations — FATCA, CRS and DAC all converge on the same client file, and the deadlines are unforgiving,” said Cristina Muñoz Gulliksen, Founder and Principal Consultant at CMG Consulting. “Pairing CMG's hands-on expertise with TWC's reporting platform gives our clients a clear, defensible path from a deficient W-8 form to a Modelo 290 successfully transmitted to the AEAT — without the gaps in between.”
“Compliance teams in Spain and LATAM are tired of stitching together vendors that don't speak to one another,” said Nicolás Londoño, Sales Director – Europe of Trans World Compliance. “This partnership removes that friction. Our shared clients get a single, coherent program — strong consulting on the front end, and reliable automated reporting on the back end.”
Scope of the Partnership
Under the alliance, the two firms will collaborate on:
- Joint advisory and remediation engagements for banks, asset managers, broker-dealers, RIAs, wealth managers, family offices and private banks operating in or out of Spain and Latin America.
- W-8 documentation reviews and FATCA program assessments delivered by CMG, with TWC's CRS/FATCA One solution powering automated classification, data validation and jurisdictional reporting — including Modelo 290 filings with the AEAT and CRS/DAC reporting across Europe and Latin America.
- Coordinated, Spanish-language training and education for compliance, operations and client-facing teams on FATCA, CRS, and DAC.
- Preparation for regulatory audits, FATCA/CRS assessments, and responses to information requests, as well as support in analyzing and resolving issues related to documentation and reporting to the IRS.
The partnership is effective immediately and is available to financial institutions across the Spanish-speaking market, with primary focus on Spain and Latin America.
About CMG Consulting
CMG Consulting is a specialized compliance consultancy focused on the intersection of FATCA, W-8 documentation, and international account structures, with offices in Madrid (Spain) and Miami (United States). Founded by Cristina Muñoz Gulliksen — formerly a senior compliance officer at Santander Private Banking, where she led the foreign client documentation program for high-net-worth international clients across Latin America and Europe — CMG serves banks, asset managers, broker-dealers, RIAs, wealth managers, family offices and private banks with international client onboarding, W-8 documentation and withholding, FATCA compliance, and cross-border KYC/AML alignment. CMG provides compliance consulting services only and does not provide legal or tax advice.
More information at https://cmg-consulting.com.
About Trans World Compliance
Trans World Compliance, Inc. (TWC) is a RegTech company founded in 2014 and headquartered in Rockville, Maryland (USA). TWC develops automated regulatory reporting software covering CRS, FATCA, CbC, MDR, ETR and all 24 OECD BEPS data exchange types via its CTS 2.0 platform, with CARF support coming soon. Its flagship products include CRS/FATCA One for financial institutions, TACS for tax authorities, and CbC Reporting for multinational enterprises. TWC supports 200+ financial institutions across 100+ jurisdictions, maintains a 99% client retention rate, delivers a four-hour support response standard, and is ISO 27001 certified.
More information at https://transworldcompliance.com.
