The Paris based Association des Américains Accidentels (Association of Accidental Americans, or AAA) has filed two legal complaints simultaneously in Belgium and Luxemburg, in which it demands the “immediate halt to the transfer of European citizens’ personal data to the United States”.
Time magazine, one of the longest-established and best-known weekly magazines in the U.S., has become the latest mainstream media outlet to run a major article about America's so-called "accidental Americans," and their struggles to maintain bank accounts in the countries in which they live and are citizens of, as a result of the controversial U.S. law known as FATCA.
The head of the German Presidency of the EU has written a strongly-worded letter to the head of the U.S. Internal Revenue Service on the subject of the U.S. law known as FATCA, and what he calls "the continuing challenges EU residents with U.S. citizenship are encountering in connection with the application of the FATCA – Exchange of Information under Intergovernmental Agreements (IGA) by the the EU Member States."
American expats and "accidental Americans" have complained furiously for more than six years about the US$2,350 fee that the U.S. has charged (since 2014) for the renunciation of one's American citizenship.
Mishcon de Reya, the London-based law firm that has been a hard-to-miss presence in European data protection matters over the past year, on Tuesday said it had filed "a lengthy GDPR complaint in two languages (English and French) with the Luxembourg National Data Protection Commission," as it sought to "bring together the concerns raised by the European data protection community and relevant European judgements."
Luxembourg's courts are "understood" to have asked the Court of Justice of the European Union (CJEU) a number of questions relating to the validity of public registers of beneficial ownership, according to the latest statement on the subject of personal data security concerns issued by the London-based Mishcon de Reya law firm.
The Authority for the Financial Markets (Autoriteit Financiële Markten, or AFM) in the Netherlands has said it will "investigate" the "refusal" of certain Dutch banks to permit Dutch citizens who are also "unintentional Americans" – in violation of European Union rules – to have or maintain their existing bank accounts.
Today, Jan. 20, is Inauguration Day in Washington, D.C., when Joe Biden is due to be sworn in as the next president of the U.S. Here, William Jordan, president of...
Jan-20-2021
