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

FULL ARTICLE http://www.bobsguide.com/guide/news/2016/Jan/21/asia-pacific-financial-institutions-unprepared-for-fatca-and-gatca-compliance.html

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