By Hedge Fund Insight staff Although the Foreign Account Tax Compliance Act (FATCA) has received significant attention within the asset management industry for many months, and the initial Foreign Financial Institution (FFI) registration deadline is just one month away, a paper released today by SEI shows that many investment managers are still coming to grips […] Read more »
Time Is Tight For FFIs To Prepare For FATCA Compliance
By Karen Wallace, Global Head of Compliance Apex Fund Services The IRS on-line registration portal went ‘live’ on 1 January this year and Foreign Financial Institutions (“FFIs”) should now be preparing to register with the IRS to obtain a Global Intermediary Identification Number (“GIIN”). FFIs must register with the IRS to obtain a GIIN by […] Read more »