FATCA - IRS opens registration portal 

August 19:  The IRS today opened a FATCA registration portal—a website portal that financial institutions can use to register, modify, or add registration information with respect to the Foreign Account Tax Compliance Act (FATCA).

The FATCA portal allows for registration for the period beginning today (the date of the opening of the FATCA registration website) through December 31, 2013.


According to the IRS webpage on FATCA registration, before January 1, 2014, any information entered into the system—even if submitted as final by the website user—will not be regarded as a final submission, but will merely be stored until the information is submitted as final on or after January 1, 2014.


  • The IRS notes that financial institutions (FIs) can use the remainder of 2013 to become familiar with the FATCA registration website, to input preliminary information, and to refine that information.
  • On or after January 1, 2014, each FI will be expected to finalize its registration information by logging into its online account on the FATCA registration website, making any necessary additional changes, and submitting the information as final.
  • As registrations are finalized and approved in 2014, registering FIs will receive a notice of registration acceptance and will be issued a global intermediary identification number (GIIN).
  • The IRS will electronically post the first IRS foreign financial institution (FFI) list by June 2, 2014, and will update the list on a monthly basis thereafter.
  • To be included in the June 2014 IRS FFI list, an FI will need to finalize its registration by April 25, 2014.



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