Nigel Green Launches Campaign to Repeal Obama-Era FATCA Law

Trump must show his mettle and reverse a fatally flawed, misguided law

Campaign to Repeal FATCA
Feb 07, 2017, 10:26 ET


WASHINGTON, Feb. 7, 2017 /PRNewswire-USNewswire/ — Nigel Green, founder and CEO of deVere Group, one of the world’s largest independent financial organizations, has launched a Washington, DC-based lobbying and media campaign to repeal the Foreign Account Tax Compliance Act, or FATCA.

With Obama in the White House doing away with FATCA was virtually impossible, despite repeal bills introduced by Sen. Rand Paul (R-KY) and Rep. Mark Meadows (R-NC). “FATCA is a textbook example of a bad law that doesn’t achieve its stated purpose but does manage to unleash a host of unanticipated destructive consequences,” states Sen. Paul.

As his co-leader of the Campaign to Repeal FATCA, Green has turned to former U.S. diplomat and longtime Senate leadership staffer Jim Jatras of the media and government relations firm Global Strategic Communications Group (GSCG). Jatras, a leading authority on FATCA, edits the online publication, which is dedicated to getting rid of what he calls “the worst law most Americans have never heard of.

On Green’s initiative, Jatras is assembling a team of experienced DC professionals to push the repeal effort over the top. “Nigel’s deciding to step up to the plate is just tremendous,” says Jatras. “Billions of dollars have been wasted worldwide complying with FATCA, billions of words have been written complaining about it. Now it’s time for action. When that tax bill gets to President Trump’s desk, we want FATCA repeal in it.”

For more information on FATCA and the Campaign to Repeal FATCA, contact GSCG, below.

Twitter @RepealFatca

6 thoughts on “Nigel Green Launches Campaign to Repeal Obama-Era FATCA Law

  1. George 3rd

    Get the US financial industry on our side they do not want to waste money on this silly regulation. Negative benefit cost.

  2. nobledreamer-Tricia Post author

    This is good Lynne! I seem to recall you have tried many times to get him to help with the lawsuit funding. Could be very interesting!

    1. Lynne Swanson

      Yes I did try to get him to help with funding but he declined.

      i am interested to know what the purpose of this call is.

    2. nobledreamer-Tricia Post author

      Well, if he is impressed with your letter, would it be reasonable to assume the purpose of the call is positive?

  3. Lynne Swanson

    I received an e-mail this afternoon from Nigel Green’s Head of Public Relations. Mr. Green has asked to speak with me via phone tomorrow evening.

    I don’t know the focus, but it seems to have been motivated by my letter in Forbes.


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