Asia-Pacific financial institutions unprepared for FATCA and GATCA compliance

Best positioned firms will upgrade technology infrastructure

Financial institutions across Asia-Pacific are behind the curve when it comes to being prepared for evolving global tax reporting regulations. That’s according to a recent survey by Wolters Kluwer Financial Services and the GRC Institute, which indicates that more than 90% of financial institutions in the region have not started implementing Global Account Tax



Comments are closed.