Final FATCA rules disappoint market participants

01/23/2013 | Risk.net (subscription required)

Industry executives are questioning how final regulations of the Foreign Account Tax Compliance Act will play out between foreign financial institutions and the Internal Revenue Service. In particular, market participants are concerned about jurisdictions that haven't struck intergovernmental agreements with the U.S. The FATCA rules lack compliance information for foreign financial institutions, experts say.

View Full Article in:

Risk.net (subscription required)

Published in Brief: