FATCA Compliance Reporting & Technology Implementation
Prevention of offshore tax evasion
A new US legislation regarding international tax enforcement, Foreign Account Tax Compliance Act (FATCA), to prevent offshore tax evasion by US persons with undisclosed offshore accounts, results in technology and operational changes across a large international bank.
Organisational Risk - Executive Reporting
Strengthen Executive & Regulatory Reporting
Technology and operational reporting practises causing reputational and regulatory issues for executives and financial regulators.
Business Continuity Plan (BCP) Implementation
Enterprise-wide project remediation based on Regulatory need
Financial regulators call for remediation of inconsistent and outdated legacy business continuity processes and controls.