Tax & Regulation

North America | 3 Jul 13

The majority of asset managers polled in a recent survey have admitted they are still unclear about the requirements of the Foreign Accounts Tax Compliance Act (FATCA) despite the cut off period for compliance now less than six months away.

Tax & Regulation | 27 Jun 13

The International Accounting Standards Board has released its latest draft of plans aimed at making it easier to read and compare the financial statements of insurers.

Tax & Regulation | 27 Jun 13

The head of the main association representing Europe’s asset management industry has called on key members of the European Parliament to get a move on in its efforts to draft a package of investor protection regulations known as PRIPs.

North America | 22 Jun 13

The number of ex-pat Americans who are formally renouncing their citizenship, though small relative to the total number who live abroad, has risen steeply in response to the increasing costs and hassles associated with being a US citizen abroad.

North America | 20 Jun 13

First American expatriates were told that their bank accounts weren’t welcome. Now, it seems, Americans’ tax-deferred retirement accounts are also increasingly unwanted by US financial institutions, unless these accounts are of significant size.