Sebi asks depositories to give dividend payment info under FATCA

Markets regulator Sebi on Thursday asked depositories to make necessary arrangement for reporting of dividend and interest payments in customer accounts for the implementation of the Foreign Account Tax Compliance Act (FATCA).

They have to comply with the direction by July 15, the Securities and Exchange Board of India (Sebi) said in a circular.

FULL ARTICLE http://economictimes.indiatimes.com/mf/mf-news/sebi-asks-depositories-to-give-dividend-payment-info-under-fatca/articleshow/59172437.cms

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