Tag: fatca

Global Prime Finance Monthly Hedge Fund Trends

A recent report by Deutsche bank has shone a spotlight on the trends that are currently affecting the hedge fund industry. Here, we have...

Swiss banking secrecy under pressure from US

For over a century Switzerland has developed its secure banking system around its commitment to privacy protection. Due to banking secrecy and lack of...

Background of FATCA

The US Foreign Account Tax Compliance Act (FATCA) was enacted on 18 March 2010 and will be effective as from 1 July 2014. FATCA...

IRS Releases FATCA Form, Instructions To Follow

One of the big hedge fund stories over the past few years has been the evolution of the U.S. Government's FATCA regulations. These are,...

Impact of the latest FATCA guidance in the Fund Industry

Substantial regulatory changes to the Foreign Account Tax Compliance Act (FATCA), which were announced on February 20th, 2014 and are set to come into...