New Financial Services research report from Datamonitor is now available from Fast Market Research
Boston, MA -- (SBWIRE) -- 01/26/2013 -- Wealth managers are under fire as US high net worth individuals are the key target of FATCA. As it has developed on its path toward global tax collection efficiency, attitudes have changed as the resolve of the US to implement the act has become abundantly clear, and intergovernmental agreements have added new thought processes to meeting compliance.
- Analyse the current situation regarding FATCA compliance and the role of wealth management in the changing tax environment.
- Interpret FATCA trends within the wealth management industry using Datamonitor's Global Wealth Manager Survey 2012.
- Understand the challenges facing wealth managers and how to react.
- Assess responses to FATCA from your industry peers using company specific case-studies.
View Full Report Details and Table of Contents
On a global scale, wealth managers are sitting on the fence when asked whether disassociating US clients is too drastic a measure. On a country scale attitudes toward US clients are very different, and some firms are seeing a niche market developing whereby US-friendly firms welcome with "open arms" those individuals rejected from US-averse firms.
FATCA may have been postponed to 2014 but the challenges remain the same. A FATCA strategy must embrace flexibility. It must react to the growing intergovernmental agreement environment. Enhanced due diligence will become a fact of life and causing minimal strain on the client relationship is paramount.
FATCA is the beginning of a wider and more transparent global tax environment that all firms must take anticipatory measures for now.
Reasons to Get this Report
- What path is FATCA taking and where will the global tax environment be in five years' time?
- How is the competition reacting to FATCA?
- How will FATCA affect the client relationship and how should wealth managers react?
- Who is still accepting US clients and who isn't?
- What should a FATCA IT solution incorporate to reach maximum efficiency?
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Financial Services research reports at Fast Market Research
You may also be interested in these related reports:
- 2012: Trends to Watch in Global Wealth Management
- Americas Wealth Markets Database
- Wealth Management in Taiwan
- The Global Wealth Market in 2012
- Wealth Management in the UK 2011
- Middle East and Africa Wealth Markets Database
- Wealth Management in Italy 2011
- Global Banking Industry Outlook Survey 2012-2013: Industry Dynamics, Market Trends and Opportunities, Marketing Spend and Sales Strategies
- Singapore - The Future of HNWIs to 2015: Emerging Global Capital of the Wealth Sector
- Wealth Management in Germany 2011
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)