German Solutions

Overview

Broadridge offers a portfolio of specialist products and services for the German securities markets, centered on:

• Financial Tax Services (FITAS)
  
  
• Regulatory Reporting
  
  
• Securities Data Services
  
  

Financial Tax Services (FITAS)

Broadridge's FITAS solution creates income statements and tax certificates that comply with German legal requirements, and provides support for KAP returns for income and capital assets.

FITAS receives data directly from your host back office systems, and provides segregated reporting for income and expenditure originating from:

• Interest – current account, deposit accounts & savings
  
  
• Fees – custody fees, account commission & debit interest
  
  
• Securities income – coupons, dividends, accrued interest & trading profits
  
  

Additional tax reporting services for the German authorities include:

• Tax reclaim report according to § 36 c EstG
  
  
• Withholding tax reclaim for fund managers
  
  

Regulatory Reporting

A regulatory reporting suite delivers a range of compliance and regulatory reports for the Deutsche Bundesbank and the federal securities supervisory office (BaWe):

• Exemption orders for capital gains - § 45 d EstG
  
  
• Withholding tax records
  
  
• Compliance rules - § 33 WpHG
  
  
• AWV reporting - § 55-69 AWV
  
  
• Depository statistics & records
  
  
• BaWe reporting - § 9 WpHG
  
  

Securities Data Services

Broadridge's central database maintains extensive up-to-date records for securities and corporate actions reference data from WM. It enables WM data to be accessed via an on-line web browser, with user-friendly, customizable views. Users benefit from full access to WM records for all aspects of securities and corporate actions operations, tax and regulatory reporting.