Challenge of Protecting Client Financial Confidentially
- 11 years ago
Challenge of Protecting Client Financial Confidentially
American Bar Association Section of International Law - Grand Hyatt
Representing an international high net worth client is becoming increasingly complicated, due to regulatory burdens (such as the U.S. Foreign Account Tax Compliance Act) and highly-publicized lawsuits against banks, which have bred mistrust of lawyers and financial advisors. How can law firms and financial institutions obey the rules with a minimum of disruption to clients and to their own businesses? This program will address what the professional advisor and client need to know about the rules before entering into a client relationship, how these rules will affect new business development, how to overcome cultural differences in willingness to share information and expectations of confidentiality, and how to turn new regulatory regimes into a competitive advantage for your firm."
American Bar Association Section of International Law - Grand Hyatt
Representing an international high net worth client is becoming increasingly complicated, due to regulatory burdens (such as the U.S. Foreign Account Tax Compliance Act) and highly-publicized lawsuits against banks, which have bred mistrust of lawyers and financial advisors. How can law firms and financial institutions obey the rules with a minimum of disruption to clients and to their own businesses? This program will address what the professional advisor and client need to know about the rules before entering into a client relationship, how these rules will affect new business development, how to overcome cultural differences in willingness to share information and expectations of confidentiality, and how to turn new regulatory regimes into a competitive advantage for your firm."