News Column

Broadscope Releases Timely White Paper Regarding FATCA Compliance for Private Equity Funds

May 17, 2014

By a News Reporter-Staff News Editor at Investment Weekly News -- Broadscope Fund Administrators, an independent private equity fund administration firm, released a white paper outlining key recommendations for private equity firms developing strategies to comply with the Foreign Account Tax Compliance Act (FATCA). The paper, FATCA Compliance for Private Equity Funds: Navigating the Clutter, outlines the responsibilities of both foreign and domestic private equity funds and suggests measures that should be considered in developing an effective FATCA compliance program.

"FATCA goes into effect July 1 and there is still considerable uncertainty in the market," says Robert F. Aufenanger, Founder and Managing Member. "Private Equity firms that have yet to develop a FATCA compliance program need to make it a priority, as lack of compliance could have serious consequences for their funds and their investors."

Whether Private Equity firms decide to administer their FATCA compliance program in-house or use the assistance of a third-party administrator, Broadscope's white paper provides a clear summary that cuts through the clutter to identify key steps for these firms to address now.

For more information, or to download the white paper, please visit:

Keywords for this news article include: Investment and Finance, Broadscope Fund Administrators.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Investment Weekly News

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters