Young: FATCA is still law

Young said FATCA remaining current US law was reinforced during a recent conference on FATCA held by the Bankers Association which is calling on Government and the Opposition to pass the bill.

Al-Rawi said the JSC’s report will be laid in the House of Representatives today and, “all will be revealed.” On Persad-Bissessar’s letter to Trump, Young said, “That’s best left up to her.” Yesterday, the Opposition released a blog written by former US diplomat James George Jatras which supported Persad-Bissessar’s letter to Trump in which she asked about whether FATCA would be repealed.

Jatras,the editor of the website www.RepealFATCA.com, claimed Persad-Bissessar’s letter was “gutsy” while the Government’s position on FATCA was, “a sleazy scare campaign.”