Issue of alleged FATCA-related breaches of EU law poised to move to center stage, as latest PETI petition filed

The Nederlandse Accidental Americans (NLAA), an organization that advocates on behalf of accidental Americans who are residents and citizens of the Netherlands, has joined forces with a group representing some individual European investment bankers and former bankers to file a petition calling for change in the way that the EU allows companies and governments to share the personal and financial data of so-called "accidental Americans" who happen also to be EU citizens. 

  • News

UK FATCA challenger 'Jenny' latest: Request to HMRC to waive 'adverse party costs'

Lawyers acting on behalf of the U.S.-born FATCA complainant known as "Jenny", who had been considering whether to go ahead with a challenge to the UK’s Information Commissioner’s Office's May 29 decision not to uphold her crowd-funded complaint over the way her personal data has been sent to the U.S. by British entities in recent years, have formally requested that HM Revenue & Customs agree to waive any so-called "adverse party costs", in the event that Jenny were to go ahead with her challenge – and lose.

  • News

Judicial appeal 'considered' against ICO's FATCA decision, on grounds of insufficiently-examined evidence

The U.S. born, UK-resident woman whose crowd-funded complaint over data protection violations she alleged had resulted from the way HMRC had forwarded her personal information to the U.S. was recently not upheld by the UK's Information Commissioner's Office (ICO), is actively considering lodging a judicial review – but says that her legal advisers have told her she'll need to secure "£75,000 within the next 10 days" if she is to do so.

‘Policy concerns’ feared to weigh in pending UK FATCA challenge ruling

Last Wednesday, the UK’s Information Commissioner’s Office (ICO) announced that it expects imminently to issue its decision in a closely-watched challenge over data protection violations that a U.S.-born, UK-resident complainant alleges have resulted from the way HMRC has forwarded her personal information to the U.S., in compliance with that country’s FATCA legislation.

Supreme Court ruling on data transfer from UK to U.S. seen to boost UK FATCA legal challenge

A ruling last week by the UK's Supreme Court, in favor of a plaintiff who claimed that data protection laws had been broken in the transfer of her son's personal data to U.S. authorities, is being seen as potentially precedent-setting, as it is said to be the first such case involving questions about the legal transfer of personal data from Britain to the United States since the introduction of the GDPR across Europe in 2018.

  • News
Subscribe to this RSS feed

Opinion

Tax Research's Richard Murphy: The real Pandora Papers message – 'Offshore's big issue now is the fight to save democracy'

Tax Research's Richard Murphy: The real Pandora Papers message – 'Offshore's big issue now is the fight to save democracy'

The world – including its banks, cross-border financial services institutions and even many governments – has come a long way since the Richard Murphy and others founded the Tax Justice Network in around 2003...

Oct-08-2021