• Reporting Requirements for Foreign Financial Accounts: FinCEN Releases Notice Extending Deadline to June 30, 2013 for Certain Signature Authority Filers
  • February 16, 2012
  • Law Firm: Sullivan Cromwell LLP - New York Office
  • The Financial Crimes Enforcement Network of the Department of the Treasury (“FinCEN”) today released Notice 2012-1 (the “Notice”), extending the deadline for filing a Report of Foreign Bank and Financial Accounts (an “FBAR”) to June 30, 2013 for certain individuals with signature authority over, but no financial interest in, a foreign account. The filing deadline for these individuals was previously postponed to June 30, 2012 under FinCEN Notices 2011-1 and 2011-2.