Immediately remove FATCA reporting requirements on UK financial institutions

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Petition Action

Immediately remove FATCA reporting requirements on UK financial institutions

Petition Details

Currently UK financial institutions are required to report details of bank accounts of US citizens to the IRS regardless of whether than person is a UK citizen or not.

Additional Information

We feel that there is a lack of security in US institutions and the privacy of the financial accounts of those affected are no longer secure.

We want the Government to remove the requirement for UK financial institutions to report anything to the US government or their institutions.

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