Commentary: FATCA is starting to unravel

01/17/2013 | AmericanBanker.com (free registration)

Nigel Green, founder and CEO of global financial advisory deVere Group, explains the reason he thinks the Foreign Account Tax Compliance Act is starting to come apart. "[I]n recent weeks, it is becoming clear that the process to implement this new law, which has a host of serious, unintended consequences, is losing momentum," Green writes.

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