| 04.08.2011 Opalesque Exclusive: How FATCA will burden the hedge fund industry and pile up costs |
| Benedicte Gravrand, Opalesque Geneva: Here is another financial regulation spurred on by the trauma of the credit crisis, the past UBS investigation and the (justifiable) need for fresh capital to fill up those empty governmental coffers. The Foreign Account Tax Compliance Act (FACTA) will come into effect in the U.S. on January 1st, 2013. It was signed into law to uncover taxable assets |
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