Insight

FATCA readiness: Are you prepared?

19/12/2011

FATCA - In another step towards transparency of the global financial services industry and preventing tax evasion, the Foreign Account Tax Compliance Act (FATCA) was enacted in the US on 18 March 2010. FATCA affects all “Foreign Financial Institutions” (FFIs), including banks, custodians and investment vehicles that invest in or hold US assets and receive US-sourced income on behalf of account holders or investors.

Download our latest brochure on FATCA readiness.

HK survey results

A survey conducted by Kinetic Partners of senior figures in the Asian financial services industry revealed that almost half believe that regulation will continue to be the greatest challenge facing the global finance industry over the next 5 years.

Click below to view Julian Korek discussing the survey.

Financial fraud

The SEC continues to launch new investigations and examine companies and individuals suspected of committing fraud. Joel Cohen discusses financial fraud and it's implications.

Click below to view Joel Cohen's interview.