The past two years have seen financial institutions struggle to comply with FATCA deadlines, presently postponed to January 2014 for compliance, and January 2017 to start withholding taxes from customer accounts.

Brought about in a bid to more effectively combat tax evasion by US citizens, FIs are currently at various stages of implementing compliance measures and systems. Some have also come up with ingenious ways to minimize the impact of FATCA on their organisations, with their respective pros and cons.

How are Asian banks managing their transition towards FATCA compliance amidst the impending deadlines, and how will Inter-Governmental Agreements affect your bank’s present compliance roadmap? Find out what the current regulatory climate in your country means for your institution, the key implementation challenges involved and how to overcome them.

Key areas of discussion include:

• Understanding present regulatory constraints and areas where FATCA will vitally impact your financial institution
• How Inter-Governmental Agreements between the US and Singapore, Malaysia and Hong Kong affects the obligations of banks under FATCA
• Practical steps financial institutions can take to comply with FATCA effectively and competitively

This strictly one hour teleconference session is a must for Heads/Managers of:

• Operations
• Retail banking
• Investment banking
• Change management
• Private banking
• Compliance (AML/KYC)
• Corporate taxation & Finance
• Information systems & technology
• The international investment community

This exclusive session will be conducted through a panel of industry experts who will share their views on this topic and steer this session. Utilize this opportunity to seek answers to your burning questions during the Q&A session with our distinguished panellists after the main presentation.

The panel includes:

• Philip Rodd, Partner, Risk Advisory Services, Ernst & Young Asia Pacific
• Karl J. Paulson Egbert, National Partner, Dechert LLP Hong Kong
• Foo Boon Ping, Managing Editor, The Asian Banker

Register Now!

Limited places available! This event is free to attend. To register for the session, please e-mail your particulars (name, designation, contact information) to Jerome Ong at  jong@theasianbanker.com by Wednesday, 12th December 2012 at 5pm (Singapore time) at the latest. We will send you the dial-in instructions prior to the session.