North America
luxembourg signs fatca agreement
Luxembourg has signed a FATCA agreement with the US, becoming the latest country to put in place legislation to manage the punitive tax rules.
North America | 26 Mar 14
deadline approaches for fatca compliancy list
Time is running out for financial institutions wishing to appear on the US Internal Revenue Service's list of FATCA compliant companies, as the registration closing date draws ever closer.
North America | 6 Mar 14
caymans financial services businesses weigh in
As the deadline for public comment passed last week on a proposal to implement a public registry of beneficial owners in the Cayman Islands, companies and organisations with a presence there weighed in on the matter with most expressing criticism of the plan.
bonus rules uncerctainty reported
A requirement that managers of UCITS funds take at least 50% of their bonuses in the funds they oversee has created uncertainty in Europe’s asset management industry, though some say the matter has been overblown.
North America | 21 Feb 14
us treasury irs issue final fatca regs
The US Treasury Department and Internal Revenue Service on Thursday issued the long-awaited final tranche of regulations spelling out how foreign financial institutions are to comply with the Foreign Account Tax Compliance Act, which takes effect on 1 July.