European states may bring in their own version of FATCA

Some bankers have said that European states are expected to follow the example of the United States and ask their citizens abroad to disclose their bank accounts to European financial authorities in a bid to combat tax evasion.

http://www.dailystar.com.lb/Business/Local/2014/Aug-27/268584-european-states-may-bring-in-their-own-version-of-fatca.ashx#axzz3BaLer21W