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Although the price to pay for not complying with FATCA is high, compliance costs are also high. TD Bank, Barclays, and Credit Suisse reportedly spent millions of dollars in fighting this law given that they faced compliance costs of about $100 million.
Elena Rostova
Lead Health, Wellness & Medical Journalist
Elena Rostova holds a Master's degree in Public Health Journalism. She covers groundbreaking medical research, holistic wellness trends, mental health awareness, and nutritional science.