Industry response

Our letter to the US Internal Revenue on FATCA

Support for the BBA's supplementary submission on Notice 2011-53

We lend our support to the BBA's most recent arguments that FATCA is unworkable in its present iteration. We also point out how inappropriate it is for the mutual sector. Like the BBA, we believe a better way forward is to find a long-term global solution.

Our letter to John Sweeney of the Internal Revenue Service