Financial Institutions

A&A

Technology In Accounting: Banks Should Mind the Gap

As accounting standards and regulations continue to increase in complexity, modern technological solutions will become increasingly vital not just to satisfy new challenges, but to enable financial institutions to thrive in spite of them.
Tax

Reports: 77,000 Banks Are Complying with US on FATCA

The list of companies that have registered with the United States includes 515 Russian financial institutions, plus more than 500 US businesses, such as Citibank NA and JPMorgan Chase & Co.
Tax

Online FATCA Registration System Now Offered by the IRS

The IRS on August 19 unveiled a new online registration system for financial institutions that need to register with the agency under the Foreign Account Tax Compliance Act (FATCA).

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