As the first reporting deadline for FATCA passed on July 31, more than 5,500 new financial institutions signed up to comply with the US Foreign Account Tax Compliance Act (FATCA).
FATCA now lists 171,109 financial institutions outside the United States – 5,648 more than in June 2015 when the last list was published.
The Cayman Islands still heads the list with 32,058 listings – making almost a fifth of all financial institutions complying with FATCA.
The UK remains second with 23,840.
Together, almost a third of all FATCA registrations come from each.
Of the other225 financial jurisdictions listed, 31 have more than 1,000 registrations, 55 have between 100 and 1,000, 94 have between 10 and 100 and 47 have less than 10.
The next FATCA list is due for publication by the IRS on September 1, 2015.
Country | Financial Institutions |
---|---|
CAYMAN ISLANDS | 32058 |
UNITED KINGDOM | 23840 |
LUXEMBOURG | 8412 |
VIRGIN ISLANDS (BRITISH) | 5792 |
BRAZIL | 5445 |
GUERNSEY | 5111 |
SWITZERLAND | 4956 |
FRANCE | 4828 |
JERSEY | 4656 |
CANADA | 4464 |
GERMANY | 4205 |
IRELAND | 4195 |
JAPAN | 3757 |
NETHERLANDS | 3504 |
AUSTRALIA | 3418 |
HONG KONG | 3045 |
AUSTRIA | 3033 |
MAURITIUS | 2497 |
BERMUDA | 2421 |
GIBRALTAR | 2113 |
SINGAPORE | 2098 |
THAILAND | 1639 |
NEW ZEALAND | 1390 |
ITALY | 1312 |
SOUTH KOREA | 1310 |
RUSSIAN FEDERATION | 1215 |
SPAIN | 1213 |
BAHAMAS | 1074 |
LIECHTENSTEIN | 1072 |
CHINA | 1042 |
ISLE OF MAN | 1037 |
PANAMA | 942 |
MALTA | 929 |
OTHER | 921 |
CYPRUS | 905 |
UNITED STATES | 904 |
TAIWAN | 882 |
SOUTH AFRICA | 790 |
ISRAEL | 758 |
FINLAND | 746 |
SWEDEN | 734 |
INDIA | 695 |
MEXICO | 604 |
ARGENTINA | 576 |
MALAYSIA | 555 |
NORWAY | 551 |
INDONESIA | 509 |
POLAND | 437 |
UNITED ARAB EMIRATES | 433 |
DENMARK | 381 |
HUNGARY | 378 |
CHILE | 372 |
BELGIUM | 367 |
SAINT VINCENT AND THE GRENADINES | 367 |
PORTUGAL | 353 |
CURACAO | 306 |
BELIZE | 295 |
TURKEY | 263 |
EGYPT | 256 |
SAUDI ARABIA | 252 |
COLOMBIA | 252 |
BAHRAIN | 245 |
UKRAINE | 237 |
PERU | 236 |
CZECH REPUBLIC | 234 |
PHILIPPINES | 233 |
SAINT KITTS AND NEVIS | 223 |
KUWAIT | 214 |
SEYCHELLES | 206 |
BULGARIA | 190 |
URUGUAY | 185 |
BARBADOS | 185 |
ANGUILLA | 174 |
GREECE | 166 |
LEBANON | 162 |
PAKISTAN | 160 |
VIET NAM | 156 |
COSTA RICA | 153 |
MONACO | 149 |
MOROCCO | 149 |
COOK ISLANDS | 143 |
ROMANIA | 139 |
DOMINICAN REPUBLIC | 124 |
MARSHALL ISLANDS | 122 |
KAZAKHSTAN | 104 |
NIGERIA | 103 |
SAINT LUCIA | 98 |
CAMBODIA | 96 |
BANGLADESH | 90 |
TUNISIA | 88 |
JORDAN | 88 |
CROATIA | 88 |
SLOVAKIA | 88 |
GUATEMALA | 86 |
VENEZUELA | 85 |
KENYA | 83 |
TRINIDAD AND TOBAGO | 82 |
MACAO | 77 |
LIBERIA | 76 |
QATAR | 73 |
EL SALVADOR | 73 |
TURKS AND CAICOS ISLANDS | 73 |
BELARUS | 72 |
AZERBAIJAN | 70 |
SRI LANKA | 69 |
IRAQ | 69 |
SAMOA | 66 |
BOSNIA AND HERZEGOVINA | 63 |
JAMAICA | 61 |
SLOVENIA | 60 |
LATVIA | 60 |
GHANA | 55 |
HONDURAS | 52 |
SERBIA | 48 |
NAMIBIA | 47 |
ESTONIA | 45 |
PARAGUAY | 42 |
BOLIVIA | 42 |
LITHUANIA | 42 |
ANTIGUA AND BARBUDA | 41 |
ECUADOR | 38 |
ARMENIA | 37 |
NEPAL | 37 |
OMAN | 37 |
WEST BANK AND GAZA | 36 |
TANZANIA, UNITED REPUBLIC OF | 35 |
ANDORRA | 35 |
BOTSWANA | 34 |
COTE D'IVOIRE | 34 |
TAJIKISTAN | 33 |
GRENADA | 33 |
UGANDA | 32 |
GEORGIA | 31 |
KYRGYZSTAN | 30 |
MOLDOVA | 30 |
ANGOLA | 28 |
MYANMAR | 28 |
BRUNEI DARUSSALAM | 27 |
MACEDONIA | 26 |
LAOS | 25 |
ICELAND | 25 |
ZAMBIA | 24 |
SENEGAL | 24 |
MONGOLIA | 24 |
DOMINICA | 24 |
HAITI | 23 |
NICARAGUA | 23 |
ARUBA | 22 |
MOZAMBIQUE | 21 |
LIBYA | 21 |
YEMEN | 20 |
ALBANIA | 20 |
SINT MAARTEN (DUTCH PART) | 19 |
RWANDA | 18 |
DEMOCRATIC REPUBLIC OF THE CONGO | 18 |
CAMEROON | 18 |
ETHIOPIA | 18 |
SAN MARINO | 17 |
BRITISH INDIAN OCEAN TERRITORY | 17 |
UZBEKISTAN | 16 |
SWAZILAND | 16 |
ZIMBABWE | 16 |
MAURITANIA | 16 |
BENIN | 15 |
CAPE VERDE | 15 |
GAMBIA | 15 |
MALAWI | 14 |
GUINEA | 13 |
VANUATU | 13 |
AFGHANISTAN | 13 |
GUYANA | 13 |
MONTENEGRO | 13 |
MALI | 12 |
TURKMENISTAN | 12 |
BONAIRE, SINT EUSTATIUS AND SABA | 12 |
TOGO | 12 |
MONTSERRAT | 12 |
SURINAME | 11 |
BURKINA FASO | 10 |
SIERRA LEONE | 10 |
CONGO | 9 |
SUDAN | 9 |
MADAGASCAR | 9 |
GABON | 9 |
BURUNDI | 9 |
SOUTH SUDAN | 8 |
NIGER | 8 |
DJIBOUTI | 7 |
SAO TOME AND PRINCIPE | 7 |
MALDIVES | 7 |
ALGERIA | 6 |
EQUATORIAL GUINEA | 6 |
FIJI | 6 |
PAPUA NEW GUINEA | 5 |
CENTRAL AFRICAN REPUBLIC | 5 |
COMOROS | 5 |
NEW CALEDONIA | 5 |
GUAM | 5 |
CHAD | 5 |
LESOTHO | 5 |
TIMOR-LESTE | 4 |
PUERTO RICO | 4 |
FRENCH POLYNESIA | 4 |
SOLOMON ISLANDS | 4 |
SAINT MARTIN (FRENCH PART) | 3 |
GREENLAND | 3 |
BOUVET ISLAND | 3 |
TONGA | 2 |
VIRGIN ISLANDS (US) | 2 |
SAINT PIERRE AND MIQUELON | 2 |
FALKLAND ISLANDS (MALVINAS) | 1 |
PALAU | 1 |
NORTH KOREA | 1 |
GUADELOUPE | 1 |
MICRONESIA | 1 |
WALLIS AND FUTUNA | 1 |
GUINEA-BISSAU | 1 |
KIRIBATI | 1 |
MARTINIQUE | 1 |
REUNION | 1 |
SYRIAN ARAB REPUBLIC | 1 |
NORTHERN MARIANA ISLANDS | 1 |
FRENCH SOUTHERN TERRITORIES | 1 |
BHUTAN | 1 |
ALAND ISLANDS | 1 |
SOMALIA | 1 |
HOLY SEE (VATICAN CITY STATE) | 1 |
Grand Total | 171109 |