Chris Morgan provides this month’s briefing on international matters, including the latest on FATCA developments.
What’s hot?This month developments in the US dominate most notably with the publication of the long awaited proposed FATCA regulations and the announcement that the UK government along with four other EU Member States is intending to take advantage of a new government-to-government reporting approach. This should mean that UK financial institutions will not have to enter into separate comprehensive agreements with the IRS but will instead give the required account holder information to the UK government which will then pass on the information to the IRS under existing bilateral agreements.
Back at home the most significant development has been the publication...
