The US Internal Revenue Service’s list of foreign financial institutions (FFI) reporting under the Foreign Account Tax Compliance Act (FATCA) increased by 1,854 to 359,072 in May.
The top 10 countries with FATCA registrations accounted for 222,357 FFIs – 62% of all registrations and a rise of 1,224 registrations over the month.
The number of FFIs worldwide on the list covers 230 countries.
The next FATCA list is due later this month.
The list is the 70th 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
| Country | NO of FATCA registrations |
|---|---|
| AFGHANISTAN | 14 |
| ALAND ISLANDS | 1 |
| ALBANIA | 23 |
| ALGERIA | 48 |
| ANDORRA | 215 |
| ANGOLA | 78 |
| ANGUILLA | 275 |
| ANTIGUA AND BARBUDA | 57 |
| ARGENTINA | 1406 |
| ARMENIA | 50 |
| ARUBA | 21 |
| AUSTRALIA | 7372 |
| AUSTRIA | 2625 |
| AZERBAIJAN | 74 |
| BAHAMAS | 1840 |
| BAHRAIN | 266 |
| BANGLADESH | 71 |
| BARBADOS | 232 |
| BELARUS | 74 |
| BELGIUM | 411 |
| BELIZE | 499 |
| BENIN | 19 |
| BERMUDA | 4089 |
| BHUTAN | 3 |
| BOLIVIA, PLURINATIONAL STATE OF | 80 |
| BONAIRE, SINT EUSTATIUS AND SABA | 13 |
| BOSNIA AND HERZEGOVINA | 81 |
| BOTSWANA | 31 |
| BOUVET ISLAND | 5 |
| BRAZIL | 27917 |
| BRITISH INDIAN OCEAN TERRITORY | 22 |
| BRUNEI DARUSSALAM | 26 |
| BULGARIA | 306 |
| BURKINA FASO | 19 |
| BURUNDI | 10 |
| CAMBODIA | 146 |
| CAMEROON | 34 |
| CANADA | 12709 |
| CAPE VERDE | 15 |
| CAYMAN ISLANDS | 71082 |
| CENTRAL AFRICAN REPUBLIC | 5 |
| CHAD | 10 |
| CHILE | 1537 |
| CHINA | 2523 |
| CHRISTMAS ISLAND | 2 |
| COLOMBIA | 703 |
| COMOROS | 15 |
| CONGO | 14 |
| CONGO, DEMOCRATIC REPUBLIC OF THE | 19 |
| COOK ISLANDS | 281 |
| COSTA RICA | 155 |
| COTE D’IVOIRE | 78 |
| CROATIA | 182 |
| CURACAO | 418 |
| CYPRUS | 1456 |
| CZECH REPUBLIC | 472 |
| DENMARK | 856 |
| DJIBOUTI | 13 |
| DOMINICA | 43 |
| DOMINICAN REPUBLIC | 179 |
| ECUADOR | 159 |
| EGYPT | 279 |
| EL SALVADOR | 137 |
| EQUATORIAL GUINEA | 6 |
| ERITREA | 1 |
| ESTONIA | 100 |
| ETHIOPIA | 20 |
| FALKLAND ISLANDS (MALVINAS) | 1 |
| FAROE ISLANDS | 2 |
| FIJI | 9 |
| FINLAND | 1661 |
| FRANCE | 6648 |
| FRENCH POLYNESIA | 4 |
| GABON | 13 |
| GAMBIA | 12 |
| GEORGIA | 71 |
| GERMANY | 5050 |
| GHANA | 57 |
| GIBRALTAR | 878 |
| GREECE | 404 |
| GREENLAND | 5 |
| GRENADA | 44 |
| GUAM | 5 |
| GUATEMALA | 83 |
| GUERNSEY | 8365 |
| GUINEA | 21 |
| GUINEA-BISSAU | 5 |
| GUYANA | 21 |
| HAITI | 66 |
| HOLY SEE (VATICAN CITY STATE) | 2 |
| HONDURAS | 50 |
| HONG KONG | 7613 |
| HUNGARY | 538 |
| ICELAND | 50 |
| INDIA | 2910 |
| INDONESIA | 1167 |
| IRAQ | 89 |
| IRELAND | 7676 |
| ISLE OF MAN | 1493 |
| ISRAEL | 2227 |
| ITALY | 3672 |
| JAMAICA | 82 |
| JAPAN | 23598 |
| JERSEY | 8226 |
| JORDAN | 88 |
| KAZAKHSTAN | 135 |
| KENYA | 111 |
| KIRIBATI | 1 |
| KOREA, REPUBLIC OF | 1394 |
| KOSOVO | 13 |
| KUWAIT | 263 |
| KYRGYZSTAN | 21 |
| LAO PEOPLE’S DEMOCRATIC REPUBLIC | 37 |
| LATVIA | 69 |
| LEBANON | 186 |
| LESOTHO | 8 |
| LIBERIA | 52 |
| LIBYA | 27 |
| LIECHTENSTEIN | 1346 |
| LITHUANIA | 169 |
| LUXEMBOURG | 15919 |
| MACAO | 112 |
| MACEDONIA, THE FORMER YUGOSLAV REPUBLIC OF | 46 |
| MADAGASCAR | 8 |
| MALAWI | 10 |
| MALAYSIA | 1814 |
| MALDIVES | 7 |
| MALI | 18 |
| MALTA | 1486 |
| MARSHALL ISLANDS | 307 |
| MAURITANIA | 14 |
| MAURITIUS | 4952 |
| MAYOTTE | 1 |
| MEXICO | 2592 |
| MICRONESIA, FEDERATED STATES OF | 3 |
| MOLDOVA, REPUBLIC OF | 23 |
| MONACO | 194 |
| MONGOLIA | 17 |
| MONTENEGRO | 24 |
| MONTSERRAT | 13 |
| MOROCCO | 596 |
| MOZAMBIQUE | 20 |
| MYANMAR | 44 |
| NAMIBIA | 84 |
| NEPAL | 27 |
| NETHERLANDS | 5995 |
| NEW CALEDONIA | 6 |
| NEW ZEALAND | 5724 |
| NICARAGUA | 27 |
| NIGER | 16 |
| NIGERIA | 97 |
| NORTHERN MARIANA ISLANDS | 1 |
| NORWAY | 1269 |
| OMAN | 56 |
| OTHER | 572 |
| PAKISTAN | 428 |
| PALAU | 1 |
| PANAMA | 1985 |
| PAPUA NEW GUINEA | 8 |
| PARAGUAY | 47 |
| PERU | 1196 |
| PHILIPPINES | 316 |
| POLAND | 1580 |
| PORTUGAL | 403 |
| PUERTO RICO | 2 |
| QATAR | 84 |
| REUNION | 1 |
| ROMANIA | 254 |
| RUSSIAN FEDERATION | 1461 |
| RWANDA | 22 |
| SAINT BARTHELEMY | 1 |
| SAINT KITTS AND NEVIS | 554 |
| SAINT LUCIA | 131 |
| SAINT MARTIN (FRENCH PART) | 2 |
| SAINT PIERRE AND MIQUELON | 2 |
| SAINT VINCENT AND THE GRENADINES | 424 |
| SAMOA | 91 |
| SAN MARINO | 30 |
| SAO TOME AND PRINCIPE | 4 |
| SAUDI ARABIA | 399 |
| SENEGAL | 49 |
| SERBIA | 65 |
| SEYCHELLES | 339 |
| SIERRA LEONE | 7 |
| SINGAPORE | 4416 |
| SINT MAARTEN (DUTCH PART) | 22 |
| SLOVAKIA | 200 |
| SLOVENIA | 198 |
| SOLOMON ISLANDS | 5 |
| SOMALIA | 6 |
| SOUTH AFRICA | 2287 |
| SOUTH SUDAN | 10 |
| SPAIN | 3924 |
| SRI LANKA | 59 |
| SUDAN | 34 |
| SURINAME | 11 |
| SWAZILAND | 13 |
| SWEDEN | 1755 |
| SWITZERLAND | 6661 |
| SYRIAN ARAB REPUBLIC | 8 |
| TAIWAN | 2036 |
| TAJIKISTAN | 26 |
| TANZANIA, UNITED REPUBLIC OF | 45 |
| THAILAND | 4556 |
| TIMOR-LESTE | 5 |
| TOGO | 25 |
| TONGA | 4 |
| TRINIDAD AND TOBAGO | 99 |
| TUNISIA | 345 |
| TURKEY | 813 |
| TURKMENISTAN | 13 |
| TURKS AND CAICOS ISLANDS | 119 |
| UGANDA | 39 |
| UKRAINE | 680 |
| UNITED ARAB EMIRATES | 864 |
| UNITED KINGDOM | 33755 |
| UNITED STATES | 1500 |
| UNITED STATES MINOR OUTLYING ISLANDS | 11 |
| URUGUAY | 248 |
| UZBEKISTAN | 33 |
| VANUATU | 93 |
| VENEZUELA, BOLIVARIAN REPUBLIC OF | 66 |
| VIET NAM | 220 |
| VIRGIN ISLANDS (BRITISH) | 13110 |
| VIRGIN ISLANDS (U.S.) | 6 |
| WALLIS AND FUTUNA | 1 |
| WEST BANK AND GAZA | 26 |
| YEMEN | 19 |
| ZAMBIA | 32 |
| ZIMBABWE | 34 |
| Grand Total | 359072 |
Source: IRS
Top 10 countries with FATCA registrations
| Country | NO of FATCA registrations |
|---|---|
| CAYMAN ISLANDS | 71082 |
| UNITED KINGDOM | 33755 |
| BRAZIL | 27917 |
| JAPAN | 23598 |
| LUXEMBOURG | 15919 |
| VIRGIN ISLANDS (BRITISH) | 13110 |
| CANADA | 12709 |
| GUERNSEY | 8365 |
| JERSEY | 8226 |
| IRELAND | 7676 |
| Grand Total | 222357 |
Source: IRS
