US taxpayers now required to declare offshore accounts

May 6, 2009

The new requirement is a further stumbling block for money managers who are already constrained by onerous rules when dealing with US citizens as clients.

As if things weren't bad enough because of the global financial crisis, managers of money of US citizens in Asia now face another obstacle when it comes to attracting this particular set of clients.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?

See here for more information on licences and prices, or contact [email protected]