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FATCA Updates

The following table has been compiled to assist market participants in making an initial assessment of whether their clients, counterparties and other financial institutions they deal with are likely to benefit from a FATCA intergovernmental agreement (IGA), so that (in all likelihood) they are treated as participating FFIs. The table sets out which jurisdictions have signed an IGA with the US; which have initialled an IGA; which have announced the intention to sign an IGA; and which are reported to be considering signing an IGA. It will be appreciated that much of the table is speculative in nature, and whilst it is hoped it is helpful, it is not a substitute for transaction-specific legal and tax advice.
Updated July 2014. 

SIGNED A FATCA IGA TREATED AS HAVING AN IGA IN EFFECT ANNOUNCED INTENTION TO SIGN A FATCA IGA REPORTED TO BE CONSIDERING SIGNING A FATCA IGA
FATCA IGA MODEL I: FATCA IGA MODEL I: FATCA IGA MODEL I: FATCA IGA MODEL I:
Australia, Belgium, British Virginn Islands, Canada, The Cayman Islands, Costa Rica, Denmark, Estonia, Finland, France, Germany, Gibraltar, Guernesey, Hungary, Honduras, Ireland, Isle of Man, Israel, Italy, Jamaica, Jersey, Latvia, Liechtenstein, Luxembourg, Malta, Mauritius, Mexico, The Netherlands, New Zealand, Norway, Slovenia, South Africa, Spain, United Kingdom.
Algeria, Anguilla, Antigua and barbuda, Azerbaijan, Bahamas, Bahrain, Barbados, Belarus, Brazil, Bulgaria, Cabo Verde, China, Columbia, Croatia, Curacao, Cyprus, Czech Republic, Dominica, Dominican republic, Georgia, Greenland, Grenada, Guyana, Haiti, India, Indonesia, Kosovo, Kuwait, Malaysia, Montenegro, Lithuania, Panama, Peru, Poland, Portugal, Qatar, Romania, St. Kitts and Nevis, St. Lucia, St. Vincent and the grenadines, Saudi Arabia, Serbia, Seychelles, Singapore, The Slovak Republic, South Korea, Sweden, thailand, Turkey, Turkmenistan, Turks and Caicos Islands, Ukraine, Unites Arab Emirates, Uzbekistan.
Greece, Kazakhstan, Russia, Trinidad and Tobago.  
FATCA IGA MODEL II: FATCA IGA MODEL II: FATCA IGA MODEL II: FATCA IGA MODEL II:
Austria, Bermuda, Chile, Japan, Switzerland. Armenia, Hong Kong, Iraq, Nicaragua, Moldova, Paraguay, San marino, Taiwan.

 
 MODEL UNSPECIFIED: MODEL UNSPECIFIED:   MODEL UNSPECIFIED:  MODEL UNSPECIFIED:
    Argentina.
Botswana, Cambodia, Lebanon, Pakistan.
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