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IFRS Insurance Newsletter, Issue 29This edition of the IFRS Insurance Newsletter highlights the results of the IASB and FASB discussions in September 2012 on the joint insurance contracts project and FASB discussions over the summer. In addition, it provides the current status of the project and an expected timeline for completion.
FATCA: Challenges and insights for insurance companiesThis US paper highlights how the regulators now accelerate the need for both US and non-US insurance companies to move quickly to assess the potential impact of FATCA's requirements and take steps to comply with them. Please contact Lucia Iacovelli, email@example.com or 416-777-3820, for further information on FATCA compliance issues for Canadian insurers.
Insurance Briefing: ComFrame at a glance An executive summary of the first draft of ComFrame recently issued by the International Association of Insurance Supervisors (IAIS).
Model Intergovernmental Agreement - Industry Divided and Confused About Latest FATCA ApproachThe release of a Model IGA, created by the US, France, Germany, Italy, Spain and the UK, puts a possible wrinkle in FATCA readiness planning. This paper summarizes and analyzes the results of a survey on how this will impact this planning.
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KPMG International Cooperative ("KPMG International") is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.