From Financial News, a DowJones news website:
October 26, 2012
Sophie Baker, “Fatca faces delay after bilateral disagreements”
The Foreign Accounts Tax Compliance Act, or Fatca, was due to be introduced from next year but, according to a notice published on the IRS website on Wednesday, the deadlines have been pushed back. The original 2013 deadline for financial institutions to put compliance procedures in place has been delayed until January 2014.