Asked if HSBC was turning away US taxpayers due to Fatca, an HSBC spokesman replied: "Under Fatca, if customers provide the appropriate information, there is no problem."

Fatca seen as threat for some Hong Kong banks, opportunity for others

Tax advisers say compliance with new US lawis creating headaches for the city's wealthy

TOP PICKS

Asked if HSBC was turning away US taxpayers due to Fatca, an HSBC spokesman replied: "Under Fatca, if customers provide the appropriate information, there is no problem."
READ FULL ARTICLE