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)
Since it passed into law in April 2010, Fatca has been causing alarm in the financial sector, with banks in the US and abroad concerned about the future of their services to US expatriate customers, and regulators worrying about possible clashes between Fatca and laws in other jurisdictions. Click on the links below to read Operational Risk & Regulation's coverage of the issue.
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