FATCA List – February 2020

Lisa Smith, BA (Hons), CeFA
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The US Internal Revenue Service’s list of foreign financial institutions (FFI) reporting under the Foreign Account Tax Compliance Act (FATCA) increased by 1,983 to 351,867 in January.

The number of FFIs worldwide on the list covers 230 countries.

The next FATCA list is due in March 2020.

The list is the 67th published list by the US Internal Revenue Service since July 2014, when the number of FFIs signed up for FATCA totalled 87,933 from 218 countries.

FATCA Registrations

CountryFATCA registrations
AFGHANISTAN13
ALAND ISLANDS1
ALBANIA22
ALGERIA49
ANDORRA212
ANGOLA78
ANGUILLA292
ANTIGUA AND BARBUDA54
ARGENTINA1406
ARMENIA49
ARUBA21
AUSTRALIA7204
AUSTRIA2618
AZERBAIJAN74
BAHAMAS1838
BAHRAIN265
BANGLADESH69
BARBADOS228
BELARUS73
BELGIUM412
BELIZE500
BENIN18
BERMUDA4031
BHUTAN2
BOLIVIA, PLURINATIONAL STATE OF79
BONAIRE, SINT EUSTATIUS AND SABA13
BOSNIA AND HERZEGOVINA81
BOTSWANA29
BOUVET ISLAND4
BRAZIL27380
BRITISH INDIAN OCEAN TERRITORY22
BRUNEI DARUSSALAM28
BULGARIA306
BURKINA FASO19
BURUNDI10
CAMBODIA141
CAMEROON34
CANADA12436
CAPE VERDE15
CAYMAN ISLANDS68973
CENTRAL AFRICAN REPUBLIC4
CHAD10
CHILE1502
CHINA2407
CHRISTMAS ISLAND2
COLOMBIA664
COMOROS13
CONGO15
CONGO, DEMOCRATIC REPUBLIC OF THE19
COOK ISLANDS281
COSTA RICA155
COTE D’IVOIRE77
CROATIA184
CURACAO416
CYPRUS1414
CZECH REPUBLIC468
DENMARK849
DJIBOUTI13
DOMINICA43
DOMINICAN REPUBLIC175
ECUADOR159
EGYPT264
EL SALVADOR153
EQUATORIAL GUINEA5
ERITREA1
ESTONIA99
ETHIOPIA18
FALKLAND ISLANDS (MALVINAS)1
FAROE ISLANDS1
FIJI9
FINLAND1808
FRANCE6692
FRENCH POLYNESIA5
GABON13
GAMBIA11
GEORGIA70
GERMANY5028
GHANA54
GIBRALTAR871
GREECE402
GREENLAND5
GRENADA43
GUAM5
GUATEMALA82
GUERNSEY8241
GUINEA20
GUINEA-BISSAU5
GUYANA21
HAITI64
HOLY SEE (VATICAN CITY STATE)2
HONDURAS50
HONG KONG7431
HUNGARY538
ICELAND50
INDIA2851
INDONESIA1149
IRAQ88
IRELAND7510
ISLE OF MAN1503
ISRAEL2186
ITALY3582
JAMAICA81
JAPAN23102
JERSEY8011
JORDAN88
KAZAKHSTAN128
KENYA108
KIRIBATI1
KOREA, REPUBLIC OF1387
KOSOVO13
KUWAIT256
KYRGYZSTAN20
LAO PEOPLE’S DEMOCRATIC REPUBLIC37
LATVIA68
LEBANON180
LESOTHO8
LIBERIA52
LIBYA27
LIECHTENSTEIN1305
LITHUANIA162
LUXEMBOURG15437
MACAO111
MACEDONIA, THE FORMER YUGOSLAV REPUBLIC OF45
MADAGASCAR9
MALAWI10
MALAYSIA1763
MALDIVES7
MALI17
MALTA1432
MARSHALL ISLANDS315
MAURITANIA15
MAURITIUS4905
MAYOTTE1
MEXICO2553
MICRONESIA, FEDERATED STATES OF3
MOLDOVA, REPUBLIC OF23
MONACO190
MONGOLIA17
MONTENEGRO24
MONTSERRAT13
MOROCCO589
MOZAMBIQUE18
MYANMAR42
NAMIBIA78
NEPAL27
NETHERLANDS5908
NEW CALEDONIA6
NEW ZEALAND5619
NICARAGUA26
NIGER15
NIGERIA91
NORTHERN MARIANA ISLANDS1
NORWAY1254
OMAN56
OTHER559
PAKISTAN412
PALAU1
PANAMA1997
PAPUA NEW GUINEA8
PARAGUAY47
PERU1090
PHILIPPINES314
POLAND1562
PORTUGAL401
PUERTO RICO2
QATAR84
REUNION1
ROMANIA254
RUSSIAN FEDERATION1410
RWANDA21
SAINT BARTHELEMY1
SAINT KITTS AND NEVIS548
SAINT LUCIA130
SAINT MARTIN (FRENCH PART)3
SAINT PIERRE AND MIQUELON2
SAINT VINCENT AND THE GRENADINES417
SAMOA95
SAN MARINO30
SAO TOME AND PRINCIPE3
SAUDI ARABIA396
SENEGAL48
SERBIA65
SEYCHELLES333
SIERRA LEONE7
SINGAPORE4137
SINT MAARTEN (DUTCH PART)22
SLOVAKIA197
SLOVENIA198
SOLOMON ISLANDS5
SOMALIA6
SOUTH AFRICA2241
SOUTH SUDAN10
SPAIN3845
SRI LANKA58
SUDAN33
SURINAME11
SWAZILAND13
SWEDEN1720
SWITZERLAND6665
SYRIAN ARAB REPUBLIC8
TAIWAN2025
TAJIKISTAN25
TANZANIA, UNITED REPUBLIC OF46
THAILAND4411
TIMOR-LESTE5
TOGO22
TONGA4
TRINIDAD AND TOBAGO98
TUNISIA345
TURKEY760
TURKMENISTAN13
TURKS AND CAICOS ISLANDS119
UGANDA38
UKRAINE669
UNITED ARAB EMIRATES842
UNITED KINGDOM33348
UNITED STATES1471
UNITED STATES MINOR OUTLYING ISLANDS11
URUGUAY249
UZBEKISTAN33
VANUATU90
VENEZUELA, BOLIVARIAN REPUBLIC OF64
VIET NAM219
VIRGIN ISLANDS (BRITISH)12881
VIRGIN ISLANDS (U.S.)6
WALLIS AND FUTUNA1
WEST BANK AND GAZA26
YEMEN19
ZAMBIA30
ZIMBABWE33
Total:351867

Source: US Internal Revenue Service

FATCA Registrations – Global top 10

The 10 countries with the most FATCA registrations hold 62% of the global total – with the Cayman Islands topping the table with 68,973 registrations – almost one in five of all registrations globally and an increase of 797 since the start of the year.

Only 48 of the 230 countries listed have more than 1,000 FATCA registrations.

CountryFATCA registrations
CAYMAN ISLANDS68973
UNITED KINGDOM33348
BRAZIL27380
JAPAN23102
LUXEMBOURG15437
VIRGIN ISLANDS (BRITISH)12881
CANADA12436
GUERNSEY8241
JERSEY8011
IRELAND7510
Total:217319

Source: US Internal Revenue Service

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