The Treasury Department announced that the British Virgin Islands has signed an intergovernmental agreement with the U.S. under the Foreign Account Tax Compliance Act (“FATCA”).  Nine other jurisdictions, including Bahrain, Cabo Verde, Haiti, Malaysia, Montenegro, Serbia, Iraq, Nicaragua and San Marino, have negotiated FATCA accords in substance.

Treasury also updated the list of foreign financial institutions (FFI’s) that have registered to share information on their U.S. account holders under FATCA.

Treasury's list of jurisdictions can be accessed via: http://www.treasury.gov/resource-center/tax-policy/treaties/pages/fatca-archive.aspx.