Fatca Guidance Notes now available online: All relevant financial institutions required to register

Abu Dhabi: The UAE’s Ministry of Finance (MoF) announced that the Foreign Account Tax Compliance Act (Fatca) Guidance Notes along with a Registration Form to access the Fatca reporting portal are now available on the Ministry’s website.

The Guidance Notes provide a detailed explanation of the Fatca, and the terms and conditions for relevant financial institutions identified in the agreement and operating in the UAE banking, insurance and financial services sectors.

All relevant financial institutions identified within the agreement are required to register on the portal.