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The long path to readiness

How ready is the industry for Fatca?

Yasmine Chinwala (Financial News): How ready is the industry for Fatca?

Jennifer Sponzilli (KPMG) I'm on KPMG's global Fatca board, and we have done surveys on how ready people are for Fatca. It is such early days that nobody is ready for Fatca yet. Some firms have taken an inventory of their funds, customers, distributors and counterparties in the funds.

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