Presentation on FATCA

On July 17th Dmitry Chistov , Director, Risk Consulting, Forensic, Advisory at KPMG in Russia held a Business Breakfast presentation on FATCA ( Foreign Account Tax Compliance Act) at the Marriott Tbilisi for the representatives of commercial banks of Georgia. Around 25 representatives of top management and compliance departments of Georgian banks attended the meeting which turned out to be a great success and provoked a number of questions and discussions. The banks are concerned about FATCA introduction in Georgia and lack knowledge about the key steps which should be taken by them. The attendees highly appreciated Dmitry‚Äôs presentation and found it interesting.