The Obama administration is tackling cyber-based economic espionage from foreign sources such as the Chinese government. The White House focus has been on major, mainstream businesses with some attention paid to financial services firms. While denial of service attacks have been plaguing firms and exchanges, protecting trade secrets from cyber threats is still high on… Read More >>
Our Predictions for 2013
To say the least, FTF News is very proud to present our first completely digital magazine. As you flip through the pages (love those sound effects) and admire the look of it, you will see that we are making some major predictions for 2013.To cut to the chase, for our top prediction, we are seeing… Read More >>
FATCA Kills the Data Silo?
One of the more interesting ramifications of the U.S. Foreign Account Tax Compliance Act (FATCA) may be another, fairly effective strike against calcified data silos. FATCA covers tax compliance for foreign financial assets and offshore accounts. The law requires taxpayers with foreign financial assets that exceed specified thresholds to report the assets to the Internal… Read More >>
Q&A: Get Ready for the FATCA Cliff
The U.S. Foreign Account Tax Compliance Act (FATCA) covers tax compliance for foreign financial assets and offshore accounts. The law requires taxpayers with foreign financial assets that exceed specified thresholds to report the assets to the Internal Revenue Service (IRS). The FATCA law will also require foreign financial institutions to report directly to the IRS… Read More >>
