04/15/2013 08:20 a.m. - 11:10 a.m.
Capital Markets, Banking + Financial Services, Financial Institutions + Financial Services, Federal Tax, Taxation | Europe, and Financial Institutions | Europe
British Bankers AssociationPinners Hall105-108 Old Broad StreetLondon, EC2N 1EXUnited Kingdom
Thomas A. Humphreys and Sonia Girgis
The U.S. Foreign Account Tax Compliance Act (“FATCA”) will take effect from January 2014, making substantial changes to information reporting and compliance requirements for offshore accounts. Compliance with the new FATCA regulations will require significant changes to current processes and procedures, which will be particularly challenging for small banks.
This focused briefing will enable small banks to effectively address FATCA's most critical challenges before the rules take effect in 2014. It will provide an update on the regulation and clear guidance on what compliance involves.
Topics on the agenda include:
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