Raising Fatca Stakes

Financial industry firms are starting to address client onboarding, data hierarchies and other data management issues raised by the US Foreign Account Tax Compliance Act (Fatca), according to operations professionals who spoke in a webcast on September 6 sponsored by MarkLogic, SIX Financial Information and Inside Reference Data.

An audience survey conducted during the webcast found that a substantial number of respondents had either not started to prepare or only had drafted compliance plans so

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