Asian FIs struggle with FATCA compliance as regulatory uncertainties loom
Proceedings report from The Asian Banker teleconsultation session, "The FATCA Dilemma – Issues and Implementation Challenges for Asian Banks” on issue and challenges faced by Asian banks in complying with FATCA.
1. The Asian Banker organised a teleconsultation session, “The FATCA Dilemma – Issues and Implementation Challenges for Asian Banks” to discuss the issues and implementation challenges faced by Asian financial institutions in meeting FATCA deadlines. Practical solutions were also presented and discussed. 2. The following report summarises the central points presented by the key speakers of the session, including main issues discussed, as well as the Question and Answer session that followed.
3. The objectives of the session were:
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, Risk and Regulation
, Philip Rodd
, Karl Paulson Egbert