5 Insights On Industry Preparations for FATCA

A recent study shows that banks are pushing forward on FATCA compliance but are in need of clarification from regulators about some requirements.
November 01, 2013

Still Much Work To Do

Although most of the financial institutions in the survey said they are implementing FATCA solutions, less than 5% of them said they were finished with those implementations, according to the survey. With the final FATCA deadline coming up midway through next year, many of these organizations are going to have a lot of work and preparation to do in the next few months, the study said.

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