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

How Is This Being Paid For?

Banks are taking care to dedicate resources to FATCA, the survey found. More than half of the banks surveyed (53%) said they had a dedicated project budget for FATCA compliance. Another 43% of those surveyed said they had dedicated up to 20% of their total compliance spend to FATCA.

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