FATCA Guidance for Foreign Banks: Are You Prepared? LIVE Webcast

NEW YORK - March 17, 2014 - PRLog -- The Knowledge Group/The Knowledge Congress Live Webcast Series, brings together the world's leading authorities and industry participants through informative two -hour webcasts. It has scheduled a live webcast entitled: “FATCA Guidance for Foreign Banks: Are You Prepared? LIVE Webcast.” This two-hour event is scheduled on May 28, 2014 from 12:00 PM to 2:00 PM ET.

Event Synopsis:

Pursuant to U.S. Treasury Code Sections 1471 through 1474 and Notice 2013-43, effective for payments after June 30, 2014, all foreign financial institutions (FFIs) will be obliged to enter into disclosure compliance agreements with the U.S. Treasury (unless an exemption or FATCA Intergovernmental Agreement applies), and all non-financial foreign entities (NFFEs) that are not excepted under the regulations must certify their ownership or be subject to the same 30 percent withholding. This new reporting and withholding regime will no doubt represent challenges to adopters while impacting all facets of tax, banking and financial reporting.

The Knowledge Congress group’s FATCA Guidance for Foreign Banks: Are You Prepared? LIVE Webcast aims to explore on how to develop a practical plan for managing and remediating any potential risk associated with Foreign Account Tax Compliance Act (FATCA) non-compliance.

Speakers/Faculty Panel

Laurence Kiddle, Commercial Director – FATCA, Thomson Reuters

David J. Lewis, Director and Shareholder, Krugliak, Wilkins, Griffiths & Dougherty Co., LPA

Willys H. Schneider, Partner, Kaye Scholer LLP

Joseph Riley, Partner, Willkie Farr & Gallagher LLP

For further details and updated list of speakers, please visit:

http://theknowledgegroup.org/event_name/2014_0528_fatca_g...

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress brings together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.

Visit http://theknowledgegroup.org for further information and inquiry.