Operating in the current environment of transparency and inter-government
cooperation: New global standards under FATCA and AML developments
12:00-1:45pm. The panel will discuss how foreign financial institutions and banks can operate effectively in the 'Venn diagram" of FATCA and CRS. Featuring a former government official and field experts, the discussion will provide practice solutions for institutions and banks struggling to understand what FATCA, CRS, and the crossroad of the two means for them and their responsible officers.
The panel will also address the recent news that the Department of Justice is pursuing investigations of foreign financial institutions located in offshore jurisdictions. Finally, they will discuss recent AML developments, including how the rules are changing for financial institutions. First 15-20 minutes is for networking Sandwiches & beverages included Hosted by the Taxation Committee
The American Chamber of Commerce in HK 1904 Bank of America Tower 12 Harcourt Road Central, Hong Kong