In an effort to shed light on the FATCA compliance requirements, KPMG will be hosting a presentation on Friday, June 12, 2015, from at 9:00 a.m. to 12:15 p.m., at the Liberty Ballroom, Ramada Hotel, Colombo.
Though FATCA regulations are certainly complex, the burden of FATCA compliance could be reduced by adopting the correct approach at the outset. 
The session will feature an overview of FATCA registration requirements, FATCA compliance programme, features of Form 8966, 1042, 1042-S, W8 BEN-E, W8BEN, W9 (including completion, timelines for submission), FATCA obligation stemming from the FFI agreement, registration and reporting through International Data Exchange Service (IDES) and Filing Information Returns Electronically (FIRE), etc.
The opening address will be delivered by U.S. Embassy in Colombo Economic Officer Peter Zenite. Presentations will be made by Suresh Perera, Principal – Tax and Regulatory and the KPMG FATCA team, which will be followed by an interactive panel discussion with the participation of the KPMG FATCA team.