US announces six-month postponement to the implementation dates for FATCA — the impact on UK FIs
On 12 July, just one working day before the secure portal to be used by FFIs to register their status was due to go live, the US Internal Revenue Service (IRS) issued Notice 2013-43 announcing the delay to the implementation of FATCA. While many FFIs will welcome the extra time to prepare for FATCA compliance, […]