Foreign account tax compliance act (fatca)
Challenges and opportunities emanate from regulation
Fatca passthru payments need to be scaled back, according to one industry expert
Tax crimes to be punished by same laws as AML
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
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...
Industry experts say Fatca draft regulations are likely to include reciprocity elements
Further uncertainty expected by the industry once delayed draft Fatca regulations are released
Industry experts warn stricter EU data privacy laws might have implications for Fatca
The industry must come together to prepare for US anti-tax evasion regulations in the same way it has collaborated on the legal entity identifier project, according to Deutsche Bank's Julia Sutton
Head of European sales says new legislation produces an "untenable situation" where if clients choose to be non-compliant, firms will have to disengage from them
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.