Is there a growing number of Americans living overseas that want to give up their U.S. citizenship because of the rigors of the Foreign Account Tax Compliance Act (FATCA)? A financial advisory firm, the deVere Group, a vocal opponent of FATCA, says the number of American expats that want to end their citizenship is increasing… Read More >>
Q&A: Are You Ready for FATCA, Phase 2?
(Editor’s note: Firms are moving into the second major phase of meeting the requirements of the Foreign Account Tax Compliance Act (FATCA). FTF News spoke to Micah Willbrand, the London-based director, global AML product marketing at NICE Actimize, about the changes firms are making as a result of FATCA compliance. For now, firms have some… Read More >>
