Wealth & Risk Management Blog

William Byrnes (Texas A&M) tax & compliance articles

Analysis of the 2014 FATCA GIIN Registration Lists

Posted by William Byrnes on December 2, 2014


International Financial Law Prof Blog

FATCA_rollHaydon Perryman and I have sifted through the GIIN lists of June through December.  I present Part 1 initial analysis below.  Part 2 on Thursday.

By the way, the 3rd edition of my Lexis Guide to FATCA Compliance will be out soon with substantial more analysis – 1,200 pages over 54 chapters.  Over 50 FATCA compliance experts from tier 1 institutions, former government officials, and professional firms have contributed to create this detailed and robust guide, filled with numerous practical examples and several chapters written specifically for the non-legal, compliance operations officer.  No filler pages of publicly available documents and regurgitated regulations – it’s all beef.  See the Lexis website to order a copy of this 3rd edition.

…. The November 2014 list saw a jump in registration, led by the United Kingdom, achieving a total of 116,104 FFIs and branch registrations.[6]  43 percent of all registered GIIN are from the UK and her Crown Dependencies and Overseas Territories. The final GIIN list released before submission for publication, December’s, grew by only six thousand registrations, to 122,881, of which only 6,094 were from non-IGA countries.  Such a stunted growth in FFI registration is foreboding of the remaining, significant compliance challenges. …. read the entire story at International Financial Law Prof Blog

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