The USA is the land of importunity
We used to call the USA the land of opportunity. But with FATCA, the USA has become the land of importunity.
The US is forcing all the banks in the world to give them banking information. To say this is an importunate demand is a bit of an understatement.
http://www.tampabay.com/news/business/banking/77000-foreign-banks-to-share-tax-information-with-irs/2182607
WASHINGTON — More than 77,000 foreign banks, investment funds and other financial institutions have agreed to share information about U.S. account holders with the Internal Revenue Service as part of a crackdown on offshore tax evasion, the Treasury Department announced Monday.
The list includes 515 Russian financial institutions.
Nearly 70 countries have agreed to share information from their banks as part of a U.S. law that targets Americans hiding assets overseas.
Participating countries include the world's financial giants, as well as many places where Americans have traditionally hidden assets, including Switzerland, the Cayman Islands and the Bahamas.
Starting next March, these financial institutions have agreed to supply the IRS with names, account numbers and balances for accounts controlled by U.S. taxpayers.
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and all green card holders , past and present and snowbirds. and those duals who live permanently in other countries, whose local banks are their only banks.
And remember this. There are many countries that will be wanting to do the same... It is expected to be reciprocal... 
Check this out. http://www.accountingtoday.com/news/irs_watch/irs-introduces-tool-for-checking-fatca-foreign-bank-registration-70861-1.html#read
BTW, Have you noticed that the IRS has recognized the State of Palestine in the first list of 77,000 compliant little FFIs and that a Swedish candy company is registered? This thing just gets weirder and more strange. Wonder when this monster will blow up.
...and where does the IRS get the resources to manage the 500,000 FFIs its FAQ page thinks might register? How many agents does that require. Maybe those 16,000 ObamaCare gate keepers will be given additional global responsibilities.
