Dion Global Solutions has announced the publication of a new global whitepaper entitled: "Intelligent Compliance: Finding a solution to FATCA and all that follows."
The paper examines the impact of the latest developments on Intergovernmental Agreements (IGAs). It explores the concept of ‘intelligent compliance’—ensuring that decisions taken now support future classification requirements, and: “that any solution capitalises on existing infrastructure and processes while ensuring sufficient flexibility to accommodate the broad scope of FATCA.”
Colin Camp, managing director of products and Strategy at Dion commented: “Over the coming weeks and months the final FATCA regulations will be ratified and countries will sign IGAs and reciprocal agreements.
"We all know that the timelines are extremely tight so financial services firms must work quickly to define their strategy. However, these decisions must be taken with an eye to the future. The growing global remit of national tax regimes, both within and beyond FATCA, means compliance has become a strategic concern in which breadth, flexibility and scalability are key.”
