Foreign Account Tax Compliance Act (Fatca)
Regulatory change is top of the priority list for op risk managers everywhere, and one of the most sweeping changes will be the US Foreign Account Tax Compliance Act (Fatca)
This white paper looks at the heavy impact of regulation on investment managers, the mitigation of outsourcing risk, inefficiencies in corporate actions processing and the growing importance of collateral management.
More Foreign Account Tax Compliance Act (Fatca) articles
New research finds banks face steep extraterritorial compliance costs
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
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
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.