International trust and corporate services provider, Equiom, has appointed Andrew Halsall to the new position of Foreign Account Tax Compliance Act and Regulatory Reporting Manager.
The position has been created in response to the increasing complexity of requirements around Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard.
The Group Compliance Director, Mike Nudd, said: “Equiom recognises that FATCA, and in due course, the Common Reporting Standard are going to significantly increase the regulatory reporting obligations of the group for its clients. We need to make sure that Equiom fulfils its obligations under FATCA and Andy will play an essential part in ensuring that we comply with the necessary standards."
Mr Halsall will be responsible for proactively offering guidance directly to Equiom’s clients in order to deal with the new regime. In addition to this he will provide advice and support to Equiom’s staff in managing any FATCA related queries.
He said: “I welcome the challenge of this new role which builds on my previous FATCA experience. It’s a great opportunity to become part of a dedicated team in such a progressive and ambitious environment and I look forward to playing my part in ensuring that Equiom provides the best possible service to our clients."
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