Vendors haven’t kept up with regulation

With the onslaught of regulatory pressure peaking in the next year, finance and treasury practitioners lack comprehensive systems.
Vendors haven’t kept up with regulation

With Financial Action Task Force (FATF) and Foreign Account Tax Compliance Act (FATCA) deadlines approaching for ramped up reporting in the 2015; anti-money laundering (AML) rules, backed by Office of Foreign Asset Control filters; tweaked  Foreign Corrupt Practices Act the UK Bribery Act reports; Single Euro Payment Area (SEPA) compliance deadlines; and new initiatives from the Organisation for Economic Co-operation and Development (OECD) on tax transparency and transfer pricing, there’s a a lot to be done in compliance in 2015.  

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