Firms must have the necessary infrastructure to manage client communications as ongoing monitoring of client compliance will be difficult, and tension exists between Fatca and existing know-your-customer rules

Yasmine Chinwala (Financial News): We ran a poll of the 1,200-plus people who signed up to watch this webinar, and 40% said their main Fatca challenge was client communication, 39% said technology challenges, and 21% said cost. What are the practical issues around implementation?