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FATCA News & Information December 15, 2016

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Issue Number:  2016-24

Inside This Issue


  1. FATCA IDES System Outage
  2. Updates to FATCA XML Schema v2.0 and Notification XML Schema v2.3
  3. Testing

1.  FATCA IDES System Outage

The FATCA International Data Exchange Service (IDES) will be unavailable from Friday, January 13, 2017 at 12:00 PM Eastern Daylight Time (EDT)(UTC/GMT -5) until Sunday, January 15, 2017 at 11:59 PM (EDT) due to routine maintenance. IDES will reopen Monday, January 16, 2017 at 12:00 AM EDT. We apologize for any inconvenience.

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2.  Updates to FATCA XML Schema v2.0 and Notification XML Schema v2.3

Beginning on January 16, 2017, all FATCA Reports (new, nil, corrected, void and amended) must be created using the FATCA XML schema version 2.0. The last day and time to submit FATCA reports using the XML Schema version1.1 is 12:00 PM EDT Friday, January 13, 2017. The two versions of the FATCA XML schema are not backwards compatible.  Therefore, files submitted using schema version 1.1 may not validate against version 2.0, or you may receive a file error notification.

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3.  Testing

The test session will remain open from Monday, December 19, 2016 at 8:00 AM EDT to Monday, January 30, 2017 at 5:00 PM EDT. The test environment will only support the FATCA XML Schema v2.0 and Notification XML Schema v2.3. For more information on testing, sample files, and FAQs, visit the IDES Resources web page. If you need immediate assistance, contact the IDES Help Desk.

Note: Production files submitted to the test environment will not be processed, and will not generate an error notification. Do not submit production files to the test environment or test files to the production environment.

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