FATCA embodies the U.S. government's immense desire to detect, deter, and discourage offshore tax evasion through accounts and vehicles in jurisdictions otherwise beyond the reach of the IRS. 10 There ...

More than $9 billion in financial crime was uncovered by IRS criminal investigations in 2024, with offshore accounts starring in many of the cases. Plus, the U.S. government's reach now extends well ...

For decades, offshore trusts have been a powerful yet often misunderstood tool for safeguarding wealth. Traditionally associated with privacy and exotic jurisdictions, these structures have undergone ...

BNP Paribas Securities Services has released a service that will help asset managers to meet the requirements of the US Foreign Accounts Tax Compliance Act (FATCA). FATCA requires non-US financial ...