Hot topics
The financial services industry is transforming in a way never seen before
The list of challenges in the financial services industry is ever changing. There are many dynamic interdependencies between them, which is why we combine deep industry expertise with an unparalleled range of specialist services. Here we highlight some of the currently topical areas:
Foreign Account Tax Compliance Act (FATCA)
The introduction of the FATCA legislation in the US imposes considerable withholding tax obligations and/or reporting obligations on all institutions that have dealings with US investors. Read more on our dedicated FATCA page.
Solvency II
The current financial crisis and the regulatory issues it has raised may have temporarily moved from Solvency II from the front pages but it has certainly not gone away. The current crisis has possibly strengthened the view of regulators in the realization of the need for a risk based approach of Solvency II rather than the existing primitive Solvency I model. This means that Solvency II should still remain an important feature in future planning for your company. Read more in our dedicated Solvency II site
Anti Money Laundering Directive
Transposition of the third Anti Money Laundering (AML) Directive into Irish legislation brings with it significant change to existing requirements. Read more on the AML Directive
Responding to the Credit Crisis
At a time of unprecedented turmoil and uncertainty in financial markets, volumes of newsprint and hours of airtime have been dedicated to attempting to understand what has happened and to predict what is to come. Read more
Outsourcing and offshoring
As there is no single solution that suits all organisations, we look at the right strategy and the top reasons firms outsource in management briefing here