FATCA - Assessment and Compliance

A work in progress

 FATCA:  The Foreign Asset Tax Compliance Act    

FATCA’s effective date is July 1, 2013.  Why focus now? 

FATCA is not a form to be filled out but rather a process and a series of steps that need to be taken resulting in an entity being FATCA registered and compliant.  There is nothing overwhelming about the process however this is a process that will take time to accomplish.  If your fund invests in US assets and does not comply with the requirements of this legislation, there is likelihood that your fund will face significant negative consequences.

Please join us on Wednesday, November 16, 2011 in New York City for an expert panel discussion on the importance of initiating a process today that moves your fund towards compliance. 

 Our panel of experts will discuss:

• What is FATCA?  What is known about the requirements of FATCA and what is still unclear.  What are the requirements and what is needed for assessment and compliance
• What the impact will be on the Investors and Managers and how to move towards compliance
• Why there is a need to initiate the process now

Expert panelists include:

• Paul Chain, President,  AIS Fund Administration
• Peter Jinks, ACA;  Chief Operating Officer, AIS Fund Administration
• Jun Li, Partner, Financial Services Office - Tax, Ernst & Young