FATCA Compliance Forum 2012

The new FATCA compliance act has caused a major concern for financial institutions in the US and in foreign countries. Some of these concerns simply derive from the deadlines and compliance agreements that several entities must enter into in order to avoid being charged a 30% withholding tax on funds. With the compliance deadline looming over the global financial industry, many financial institutions want to ensure they have systems in place to comply with the various provisions of FATCA. The penalties for non compliance are significant and that is why it is imperative that financial institutions adequately prepare, understand and comply with the standards of the implementation process for the new regulations.

Attendees will benefit from a dynamic peer-to-peer presentation format consisting of workshops, interactive panel discussions and case studies. Each network and interactive session will be followed by 10-15 minutes of Q&A affording all in attendance an opportunity to get the answers to questions affecting their business. Moreover, 4+ hours of networking opportunities will supply attendees with benchmarking and best practices sharing amongst their peers.

Key Speakers
Kathleen G. Dugan,Jason Vazquez, Kevin V. Sullivan,Michael N. Obolensky,Bill Holmes

Key Topics
• Discuss the fundamental challenges with FATCA compliance as it relates to clarification of terms and definitions
• Review the advantages of leveraging current Anti-Money Laundering (AML) programs in order to implement FATCA compliance
• Discuss FATCA’s impact on insurance companies application and implementation process
• Evaluating the growing concern of violating privacy rules as it relates to disclosure of client information