Risk management is at the top of the global executive agenda as companies face an array of threats that grow more complex every day. The risks are vast and ever-present and those companies that fail to manage them well imperil their future.
Although FATCA’s primary impact is on foreign financial institutions (FFIs), non-financial groups and entities are also subject to FATCA in their role as a US payor/withholding agent or as a foreign payee/recipient of payments subject to FATCA. As such, FATCA will impose significant compliance requirements on non-financials groups.
The economic crisis of 2008 has already led to a significant increase in the regulation of financial and corporate activity, particularly regarding governance, accountability and transparency. What are the likely consequences in Switzerland resulting from the attention being given to the commodities traders? Today they remain very discreet, but will the giants o […]