Joseph Riley, Partner, Willkie Farr & Gallagher LLP to Speak at Knowledge Congress’ LIVE Webcast

NEW YORK - April 8, 2015 - PRLog -- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Joseph Riley, Partner, Willkie Farr & Gallagher LLP will speak at a 2-hour webcast entitled “Emerging Issues: FATCA Goes Global LIVE Webcast” This two-hour event is scheduled on Monday, April 13, 2015 from 3:00 pm - 5:00 pm (ET)

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

http://theknowledgegroup.org/event_name/emerging-issues-fatca-goes-global-live-webcast/

Event Synopsis:

The Foreign Account Tax Compliance Act (FATCA) came into effect in 2014, forcing overseas banks to disclose account information of US citizens to the Internal Revenue Service or face a 30% withholding on certain applicable payments. The OECD, having developed a similar regime, has introduced the Automatic Exchange of Information (”OECD”) guidelines to help countries standardize information exchange on a global level. Unlike FATCA, the OECD guidelines are applicable based upon tax residency, and require financial institutions to report accounts held by residents of participating jurisdictions.

In a 2-hour live webcast, a panel of key thought leaders organized by The Knowledge Group will provide an overview of Emerging Issues as FATCA Goes Global to help attendees to understand the wide and costly scope of the Act and its potential effects upon national and foreign banks and financial firms, foreign governments, companies, and individual taxpayers. Speakers also will discuss the consequences of the OECD guidelines.

Key topics include:

§  Introductory Section US FATCA as it rolls out in other countries

§  Global Information Exchange:  The Interplay between FATCA, UK CDOT and CRS

About Joseph A. Riley

Joseph A. Riley is a partner in Willkie Farr & Gallagher LLP’s Tax Department.  He specializes in the taxation of investment funds, including mutual funds, closed-end funds, hedge funds and offshore funds.  His practice includes taxation of securities and derivatives, international tax advising, the U.S. Foreign Account Tax Compliance Act (“FATCA”), tax reporting for investors in investment funds, IRS assistance, and other associated tax issues faced by asset managers.

About Willkie Farr & Gallagher LLP

Willkie is an elite international law firm of approximately 600 lawyers located in eight offices in six countries. For more than 125 years, we have represented companies across a wide spectrum of businesses and industries, most notably financial services. The firm is comprised of attorneys who are individually and as a group recognized as some of the world’s foremost subject matter experts in their respective areas of practice.

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

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format.

The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries.