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Heightened consumer demand spurs development of mobile P2P payments in the UK
VocaLink will play an important part in UK’s ambitious plans to start the roll out of a national mobile P2P payment initiative during 2013.
Asian FIs struggle with FATCA compliance as regulatory uncertainties loom
Date: Dec 20, 2012
Author: Levina Lim
Categories: Regulation, Risk and Regulation
Keywords: FATCA, Philip Rodd, Karl Paulson Egbert, IGA, IRS
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.
Banks must take measured and cost-effective approach to compliance
While FATCA’s recent implementation delay has provided breathing space for financial institutions, they will do well to employ a measured and cost-effective approach to compliance.
FATCA registration: Procedures for Asian banks
Date: Jul 02, 2012
Author: David Millar
Categories: Regulation, Risk and Regulation
Keywords: FATCA, FFI, IRS, Asia
With FATCA coming into effect soon, the IRS has announced procedural details for banks to become registered “Foreign Financial Institutions”.




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