FATCA knowledge center
US IRS and Treasury issue proposed and temporary regulations
US IRS and Treasury released proposed and temporary regulations (TD 9657 and TD 9658) providing further FATCA guidance and “conforming” the requirements in chapters 3 and 61 of the Internal Revenue Code with the requirements of FATCA. (25 Feb 2014)
OECD Common Reporting Standard: A global FATCA-like regime
The Organization for Economic Co-operation and Development (OECD) has released a model Competent Authority Agreement (CAA) and Common Reporting Standard (CRS) designed to create a global standard for the automatic exchange of financial account information. (18 Feb 2014)
What you need to know about IRS Notice 2013-69
The Notice guides foreign financial institutions (FFIs) entering into FFI agreements (FFIAs) with the IRS. It also includes a draft FFIA which, while greatly anticipated, does not contain many surprises. (6 November 2013)
Banks have more time to comply with offshore tax rule
The Internal Revenue Service and the Department of the Treasury are giving financial institutions more time to comply with offshore tax rules. (16 July 2013)
Notice 2013-43 revises timelines and provides other guidance on FATCA provisions
Treasury and the IRS have released Notice 2013-43, announcing a delay of key timelines for implementation of many FATCA provisions. (12 July 2013)
Final Guidance Notes on the administration of the US-UK intergovernmental agreement
Although the regulations are still in draft form and are expected to be finalized later this summer, the updated guidance provides clarity for businesses preparing to comply with FATCA on 1 January 2014. (May 2013)
What is FATCA?
Get an overview of the provisions outlined in FATCA and use our interactive timeline to see key dates in the implementation process.
FATCA communications and alerts
Stay up-to-date with the latest FATCA developments. Our alerts provide background information, commentary and discussion of the related challenges and opportunities for your organization.
We’ve developed a suite of tools to help you get up to speed, analyze your organization and make educated decisions about the way forward.
Complying with FATCA: eleven key challenges
Learn how banks and other financial institutions can effectively address FATCA's most critical challenges before the rules take effect in early 2013.
How we can help
Learn how we can provide answers and guidance through a pragmatic and cost-effective approach to FATCA implementation.
Impact of final FATCA regulations on the asset management industry
With final FATCA regulations now released, learn how they affect the industry and what firms need to focus on for the remainder of 2013.
Final FATCA regulations refine definitions and provide relief for insurance companies
In this alert, learn which four changes in the final regulations have the broadest implications for the insurance industry. (January 2013)
Does FATCA apply to your life insurance business?
Many financial institutions are asking if FATCA applies to them -- and if so, what are the compliance requirements? Get the answers to common FATCA questions.
FATCA and insurance: the saga continues
New guidance brings answers and questions for the insurance industry.
FATCA: new definitions, classifications, rules, ideas
Understand FATCA's impact on the banking, insurance and asset management industry.