Posted on April 19, 2016 in Africa, Americas, FATCA/CRS, Seychelles, United States

The Seychelles government has released guidance notes for financial institutions on how to comply with the FATCA intergovernmental agreement (IGA) between Seychelles and the United States.

Seychelles is negotiating a Model 1B IGA with the US.

On May 28, 2014, Seychelles agreed in substance to a Model 1B IGA and, until that IGA is signed, will be treated as if it had in effect agreed to the relevant Model 1B IGA.

See: FATCA Guidance Notes  = http://bit.ly/1NnRd6M