Immediately remove FATCA reporting requirements on UK financial institutions
Background
Currently UK financial institutions are required to report details of bank accounts of US citizens to the IRS regardless of whether than person is a UK citizen or not.
Additional details
We feel that there is a lack of security in US institutions and the privacy of the financial accounts of those affected are no longer secure. We want the Government to remove the requirement for UK financial institutions to report anything to the US government or their institutions.
Where it’s popular
Constituencies with the most signatures on this petition.
Source: UK Government & Parliament Petitions service. Petition ID: 718181.