Alaina Danley and Jennifer Dimitri have been added to the DMS Offshore Investment Services FATCA Task Force, according to a release.
Danley joins the task force after serving time as the Director of Finance of Bain Capital. Dimitri joins the task force after serving as the Director of Investment Compliance of the University of North Carolina endowment system.
With these two additions, the task force boasts seven members and is led by Peter Stafford. Stafford is a former partner at Appleby
“This legislation will transform the investment funds industry and dramatically impact investors with offshore accounts,” said Don Seymour, Founder of DMS. “The genesis of the task force began in 2010 when Congress passed the Hiring Incentives to Restore Employment (HIRE) Act, so we have the advantage of being one of the first to tackle the challenges of the regulation. Our team at DMS has researched and formulated ideas about FATCA and how fund governance can best respond to mitigate any impact FATCA can have on the health of the funds industry.”
In the release, Stafford said, “We are not just researching and providing insights. DMS is building upon its fund governance foundation and providing clients a solution that allows them to address FATCA in terms of taxation, reputation, marketability and ultimately protects their assets under management.”