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Topic: HM Treasury and FATCA  (Read 1307 times)

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HM Treasury and FATCA
« on: January 31, 2012, 02:39:29 AM »
UK financial institutions are trying to get last minute concessions with FATCA. Has anyone had any problems with UK financial institutions yet because you are a US citizen?

http://www.professionalpensions.com/professional-pensions/news/2142272/treasury-calls-fatca-exemptions-eve-proposals
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Re: HM Treasury and FATCA
« Reply #1 on: June 29, 2012, 09:22:52 AM »
No problems yet, but knowing UK banks and HMRC, all will be left to last minute again.  Some banks have already started to pull away.  Take a look at
newcomer link: http://www.expatadvice.com/html/article.php/cntid/7158/zcid/1530/type/news/finance/HSBC_Dumps_US_Expats [nonactive] . Expect more of the same as UK firms and advisers shy away from US investment connections
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Re: HM Treasury and FATCA
« Reply #2 on: June 29, 2012, 12:11:43 PM »
I started this job after I became a UK citizen.  I wonder if my pension people even know that I am a US citizen.
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