This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Regulatory Fundamentals Group Launches FATCA Watch™

NEW YORK, April 3, 2013 /PRNewswire/ --  The Regulatory Fundamentals Group (RFG), a New York-based firm that provides strategic business and regulatory insights for alternative funds, institutional investors and their advisors, announced today the release of FATCA Watch™, a customized "issue spotting" tool to help advisers and fund managers quickly determine their exposure to the Foreign Account Tax Compliance Act, known as FATCA.

Implemented as a way to reduce tax evasion that may occur when income generated in the U.S. is transferred outside the country, FATCA imposes new due diligence, reporting and withholding requirements that will ultimately impact a broad range of companies and individuals both in the U.S. and abroad.  FATCA, which will become effective in 2014, seeks to improve the tax compliance of US persons who hold offshore financial accounts.  Advisers and funds may face FATCA compliance issues both on US-sourced income they pay to non-US parties and on US-sourced income they receive.   

"RFG can now provide an intuitive, user-friendly way to address concerns about FATCA efficiently and accurately," said Deborah Prutzman, CEO and founder of RFG. "Funds and managers who use FATCA Watch™ can materially reduce expenses on outside advisers.  At the same time, they will bring a level of competence and understanding to internal staff who are responsible for addressing the issues and overseeing outside vendors, but who do not have time themselves to become experts in this area."

RFG's FATCA Watch™ walks an adviser, private equity fund, hedge fund or any controlled business through a customized discussion of relevant issues.  FATCA Watch™ is available to managers and advisers for a limited time at an introductory rate as part of the service's launch.

In offering FATCA Watch™ RFG addresses a top concern of fund directors as reported in a recent poll conducted by DMS Offshore Investment Services.   Designed to provide insight into fund governance topics, trends and frequent questions, the poll indicates that more than a third (38%) of directors said FATCA is the number one new regulation that most concerns them, beating out both AIFMD and SEC/CFTC registration concerns. (View the poll)  

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs