Foreign Account Tax Compliance Act

On 18 March 2010, the US Congress passed the Foreign Account Tax and Compliance Act (FATCA) as part of its Hiring Incentives to Restore Employment Act (HIRE Act). FATCA’s provisions, incorporated into Chapter 4 of the US Internal Revenue Code, have been enacted with a clear goal: to prevent tax evasion by US persons using foreign investments or foreign accounts to conceal their assets and avoid paying US tax. FATCA comes on top of the ‘Qualified Intermediary’ (QI) scheme, which continues in force.

Photo: Olivier Hermand

Fortinet worldwide leader in Unified Threat Management

Fortinet’s vision has always been to develop comprehensive security to corporate networks, through a single platform, which offers simplicity, streamlined installation and management, while offering at the same time the ability to update all the security functions concurrently. Fortinet has pursued that vision of Unified Threat Management (UMT) for the last 10 years and has become the leading provider of network security applications.

Photo: Patrice Perch

Islamic Banking and Finance on the European Market

Islamic Finance is growing, especially in the Western World. The more recent evolution is the Islamic Finance Retail market which is currently one of the main success sectors. Present in UK to meet the needs of the local Muslim community, the Islamic Mortgage Loans are not yet offered in Continental Europe. The opportunity to implement these types of products in Europe will arise new questions and challenge the flexibility and the adaptability of the European Financial sector.

Anti Money Laundering: the 7th ACAMS European Conference, 2011

For the second time, ACAMS (Association of certified anti money laundering specialists organized its annual European conference in Amsterdam early June.  The Hilton Hotel made for a good venue and the attendees, vendors and organizers made for a great event both productive and enjoyable.  More than 300 financial professionals, mainly from Europe, attended the conference.

15/02	New Global Head of Investment Solutions
31/01	Axa Invest Managers
25/01	BNP Paribas Fortis
24/01	Saxo Bank
19/01	Visa