Foreign account tax compliance act (fatca)
But details of data sharing rules have still to be determined
RBC Investor & Treasury Services' efforts to enhance the services offered to clients are rewarded with the Transfer Agent prize at the Custody Risk European Awards 2013.
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Foreign account tax compliance act (fatca) articles
Since 2007, Operational Risk & Regulation, in collaboration with BAE Systems Detica, has conducted an annual survey covering key industry trends in financial crime, risk and compliance. The 2013 survey results show continuing recovery and strengthening...
The natural relationship between Fatca and AML means that banks are able to leverage existing AML capabilities in order to be Fatca compliant. But Fatca is ultimately a tax regulation, meaning tax departments also need to be onboard. Jessica Meek investigates...
US makes slow progress in signing up Asian states for Fatca IGAs
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future