FATCA is a small dot on a much larger map when one considers Common Reporting Standards, which are coming

via Managers need more support as regulation heats up | Hedgeweek.

“Unfortunately, FATCA is a small dot on a much larger map when one considers Common Reporting Standards, which are coming,” says Laveman. “There are some 50-plus countries that have already signed up to this and in theory these standards will become effective in 2017.