- April 4, 2024
- Compliance, Fund Management
In 2014, Singapore adopted the Foreign Account Tax Compliance Act (FATCA) regime after signing a Model 1 Intergovernmental Agreement (IGA) with the United States (U.S.) to help Singapore-based FIs (SGFIs) manage their FATCA compliance burden. Under the IGA, SGFIs will benefit from simplified compliance procedures for reporting the financial information of U.S. persons to the […]