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FATCA News & Information September 29, 2020

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Issue Number:  2020-7

Inside This Issue

  1. IRS Updates the FATCA Registration System

1.  IRS Updates the FATCA Registration System

The Foreign Account Tax Compliance Act (FATCA) Registration System has been updated as follows:

  • Delete Registration: An FI can no longer delete its registration and a lead FI can no longer delete member registrations
  • Sponsored entity table (Sponsoring Entities only): Added status date to sponsored entity table; added display of effective date for terminated sponsored entities
  • Email address fields: Updated validation

Entities should review the updated FATCA Online Registration User Guide for additional details.

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