Foreign account tax compliance act (fatca)
Fatca is the latest US regulation to impact the Asian finance sector – and despite its extensive reach not all players in the region are ready for its imposition
This panel will discuss ways to allocate resources and minimize potential exposure with a set of analytical tools to assess, simulate and quantify operational risk capital to improve business efficiency and performance across the enterprise.
More Foreign account tax compliance act (fatca) articles
US firms expected to push back on Fatca quid pro quo
Germany may back away from Fatca if the US is not able to honour an agreement to reciprocate, market participants say
Tax evaders and criminals are slipping through the cracks, report warns
The likelihood of Fatca-style legislation from other jurisdictions means banks must be prepared
New research finds banks face steep extraterritorial compliance costs
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.