FATCA: Helping Private Equity Get Ready
FATCA will require that financial companies place even greater emphasis on due-diligence practices. For the first time, non-U.S. investment managers and fund companies will have tocomply with U.S.-based tax laws.
Organizations that will fall under the purview will include: banks investing in traditional, alternative investment funds and trusts, as well as affiliated managers, brokers, and dealers operating outside of the U.S. FACTA is set to take effect on January 1, 2013.
As the alternative-investment industry becomes increasingly institutionalized, managers have been compelled to seek solutions that can provide investors with more accurate and timely data. The current round of regulatory reforms will likely accelerate this trend even further. Solutions firms that plan accordingly will be poised to deliver the critical due-diligence services that clients need to remain fearless in the face of FATCA.
Learn more about how the private equity industry is getting ready to meet FATCA requirements.
Please fill out the short form below to gain access to the whitepaper.