With US FATCA legislation now published, the major focus is now on Reporting Solutions Considerations that are effective but not commercially onerous or operationally disruptive.
A number of key drivers for success continue to impact the consistency and methods of how new accounts are opened, the Know Your Client (KYC) process, data management, income identification, financial accounts identification, and to a larger extent business processes that support customer identification, classification and disclosure. What solution is key to the success of FATCA Reporting? Are their economical benefits in the segregation of US activities or re-organizing business functions to achieve compliance easily?
This intermediate level course explores FATCA requirements and guidance as set out by HMRC but is also relevant for participants from abroad.