Chile and Finland have signed IGAs

On 5 March 2014 the governement of Finland has signed a Model 1 IGA with the US. The agreement can be viewed here: FATCA-Agreement-Finland-3-5-2014.

On the same date Chile signed a Model 2 IGA. This agreement can be viewed here: FATCA-Agreement-Chile-3-5-2014.

On 10 March 2014 the term for comments regarding the Canadian legislation to implement the Candian FATCA IGA Model 1 ends. The experts are concerned that the limited definition of FFI that the Canadians are using may inadvertently force the full FATCA regulations on Canadian FFIs. Read this short commentary by a respected Canadian law firm.


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