This article provides an update on the Foreign Account Tax Compliance Act (FATCA) as at October 2013. www.financialcrimesconsulting.com. Click here to view the original full article.
FATCA: IRS announce extension to implementation dates
The Foreign Account Tax Compliance Act (FATCA) requires financial institutions to use enhanced due diligence procedures to identify US persons who have invested in either non-US financial accounts or non-US...
FATCA: The saga continues (part II)
Over the past few months, there has been a flurry of FATCA activity – including more than 110 submissions to the US Treasury Department from concerned industry groups, financial institutions,...
FATCA: The saga continues (part I)
Since the proposed FATCA regulations were issued on 8 February 2012, there have been quite a few people burning the midnight oil to digest and understand the draft regulations so...
FATCA: Are we having fun yet?
Anyone who has been involved in designing, building, deploying or ultimately managing an anti-money laundering and counter-terrorism financing (AML/CTF Program) and has lived to tell the tale will agree on...
Anti-Money Laundering Magazine and the Australian Financial Markets Association (AFMA)
This webinar was facilitated by Joy Geary and involves a discussion on the similarities and differences between the Foreign Account Tax Compliance Act (FATCA) and Anti-Money Laundering and Counter-Terrorism Financing...