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
In this white paper, Gordon Russell, Global Head of Risk at Broadridge Investment Management Solutions argues that the chances of survival in this new environment will be greater for funds that implement solutions to efficiently and cost-effectively manage data and risk.
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.