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On 17 November 2015 Ipes entered into an agreement with KPMG to provide investors with certain services. It will include developing and marketing services to support investors throughout the lifecycle of the funds in which they invest. As the Foreign Account Tax Compliance Act (FATCA) expands into the Common Reporting Standard (CRS), the services will continue to grow to include client due diligence (CDD), investor relations and possibly some tax information reporting.
In 2014 Ipes worked with KPMG to build a FATCA service and all FATCA entity classifications that Ipes undertakes for their clients are verified by KPMG. Previously, KPMG had worked with Ipes to help develop their AIF Depositary service.
Ipes Chief Executive, Chris Merry, commented that...
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