Foreign account tax compliance act (fatca)
Germany may back away from Fatca if the US is not able to honour an agreement to reciprocate, market participants say
More Foreign account tax compliance act (fatca) articles
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
Fatca passthru payments need to be scaled back, according to one industry expert
Tax crimes to be punished by same laws as AML
The US Internal Revenue Service has announced an extension and modification to Foreign Account Tax Compliance Act compliance procedures, as well as an expansion in the range of financial institution...
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.