Since our last update on the Foreign Account Tax Compliance Act (FATCA) and the related Intergovernmental Agreement between Canada and the United States for the Enhanced Exchange of Tax Information under the Canada–United States Tax Convention dated February 5, 2014 (the IGA), there have been new developments that have begun to affect Canadian financial institutions (Canadian FIs), including investment fund managers (IFMs), portfolio managers (PMs) and exempt market dealers (EMDs).

Click the link to access our bulletin summarizing these developments. >> AUM Law Bulletin What the FATCA December 2014