Let’s start reading and helping Ted Hsu in quest to get answers for us from the Canadian Parliament!
As bubblebustin points out:
Virginia La Torre Jeker believes that the US-Swiss Programme will serve as a template for banks in other countries:
Finally, the government “responds to Ted Hsu’s questions.
But, Dr. Hsu says:
You can see the response to my Order Paper Question on FATCA. It is a long response (226 pages in both official languages), but it’s surprising how few answers there are to a 55 part question! For instance, on page 75 I asked the Minister of Finance to provide a list of specific individuals and groups he had consulted with regarding FATCA and the response was simply that “The Government of Canada has consulted and has been contacted by individuals and groups to discuss the implications of FATCA and an IGA in Canada.” I also asked which studies and analyses the Department of Finance had undertaken with respect to FATCA, and was told that “The Department of Finance is reviewing the implications of FATCA on an ongoing basis. FATCA has raised a number of concerns in Canada- among both dual Canada-U.S. citizens and Canadian financial institutions.”
As Dr. Hsu also says:
We all deserve better answers from the government.
He’s asking for our help:
I know there is a lot of expertise out there to help analyse and pick through this response. So I invite you to do so on my facebook, and please let me know what you find.
I haven’t had time to review the “response” yet because I wanted to quickly get this posted. After we have had time to read this, I hope we will all pitch in and share a “lot of expertise ” to analsye this for Dr. Hsu.
Yikes! Lots to do. Help Dr. Hsu, do submission to help friends in New Zealand, write articles, organize information session. Have a life?
I understand from one of Dr. Hsu’s staff that “responses” to Scott Brison’s questions are expected later this week. I think we should be prepared for more weaseling.