by Oracle Corporation UK Ltd
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Published on: August 31, 2012
Type of content: WHITE PAPER
Length: 14 pages
For much of the last two years, the global financial community has been abuzz with discussion about the Foreign Account Tax Compliance Act (FATCA), its timetable and its impact on the industry.
With the law set to go into effect in January 2013, FATCA is expected to have far-reaching implications for how financial organizations across the globe track and report on their clients’ financial assets.
Read this paper to help you jumpstart the FATCA compliance process by:
- Gaining an overview of key provisions and requirements
- Understanding the compliance challenges many banks will face
- Discovering best practices that will help facilitate compliance in the short term and as the law evolves
- Defining the IT implications and requirements associated with FATCA and outlining considerations when selecting a solution
- And more.