HIRE Act to be Massive Burden

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Louis Marett on HIRE Act

Private Banker International

 | June 1, 2010

 | Louis Marett

Louis Marett was quoted in "HIRE Act to be ‘massive’ burden" in Private Banker International on the foreign account provision of the HIRE Act, which he explains will place significant compliance requirements on foreign financial institutions doing US wealth management work--a move that will likely result in major pushback from the industry. 



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