Martin Thommen The agreement on the implementation of FATCA in Switzerland
was signed today. The Swiss Funds Association SFA (SFA) welcomes the resultant
increase in legal certainty, as well as the reduction in the workload entailed in
FATCA entered into force in the US on 18 March 2010, its aim being to ensure that all accounts
held abroad by US taxpayers are taxed. Foreign financial institutions (FFIs) hav......................