Internal Revenue Service (IRS)
Final Fatca regulations fail to include draft FFI agreement
Hotly anticipated final Fatca regulations leave industry disappointed and without an agreement for non-IGA FFIs
Final Fatca regulations must provide clarity, experts warn
Industry hopes for more detail and draft agreements later this month
US should show more respect over Fatca – PBoC official
The unilateral approach taken by the US to combat tax evasion is not the right one, says senior figure at the People's Bank of China
US and China could play ‘fiscal chicken’ under Fatca, expert warns
China's absence from IGA negotiations could mean a standoff once withholding starts
Fatca delay simply “smoke and mirrors”
Moves by US authorities to delay implementation of portions of Fatca provide little relief for institutions
Fatca delay caused by IGAs, expert says
Another delay in Fatca timelines is as a direct result of IGAs, one expert warns
FFIs facing legal conflict with Fatca compliance, experts warn
Jurisdictions with an intergovernmental agreement in place may find foreign financial institutions facing a legal conflict with Foreign Account Tax Compliance Act compliance
Fatca IGAs causing concern in US
Wake-up call
Germany may ditch Fatca if reciprocity agreement not honoured, experts warn
Germany may back away from Fatca if the US is not able to honour an agreement to reciprocate, market participants say
Fatca timeline in question with new Swiss-US deal
A new arrangement between the Swiss and US governments for Fatca compliance brings Fatca timelines into question, expert warns
Nordic banks push for Fatca deal
Nordic banking associations open Fatca reciprocity talks
Fatca passthru payments to be simplified, expert says
Fatca passthru payments need to be scaled back, according to one industry expert
US product providers express relief as IRS eases Fatca implementation
The US Internal Revenue Service has announced an extension and modification to Foreign Account Tax Compliance Act compliance procedures, as well as an expansion in the range of financial institutions that will not have to enter into agreements with the…
Fatca statement adds to confusion
A statement released alongside draft Fatca regulations makes for further confusion, says expert
Industry split over draft Fatca regulations
Industry experts disagree on the effectiveness of the much-anticipated draft Fatca rules
Draft Fatca regulations will include reciprocity, experts say
Industry experts say Fatca draft regulations are likely to include reciprocity elements
Insurance sector struggles with US regulators' lack of clarity on Fatca
Uneasy anticipation
Delayed Fatca regulations look set to ignore 'passthru' payments
Further uncertainty expected by the industry once delayed draft Fatca regulations are released
First Person: Facing up to Fatca
Foreign Account Tax Compliance Act (Fatca)
Leaked EU data privacy laws cause conflict with Fatca
Industry experts warn stricter EU data privacy laws might have implications for Fatca
Banks fear Fatca raises operational and systemic risks
Facing up to Fatca
Banks face high costs for Fatca compliance
Banks might need to set aside up to 40% of their operations change budget to make themselves Fatca compliant
Fatca could lead to systemic and reputational risk, says BBA
The BBA has submitted a letter to the US Treasury and IRS raising concerns that Fatca could cause systemic and reputational risk
Banks 'starting to panic' over Fatca
Banks outside the US face operational challenges and increased costs under new tax regulations