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Who’s afraid of FATCA: Private banks in Asia shrug off fears

“FATCA should be among the highest priority agenda items for all global private banks in 2012 and 2013,” says Richard Weisman, tax partner based in the Hong Kong office of Baker & McKenzie and head of Baker & McKenzie’s global tax practice group. “Dealing appropriately with the compliance obligations imposed by FATCA is critically important for the wealth management industry…

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