Investment Fund Law Blog
A U.S. person with a financial interest in or signature authority over a foreign bank, securities (including brokerage account, margin account, mutual fund, trust) or other financial account in another country that has an aggregate value exceeding $10,000 at any time during the 2014 calendar year must file FinCEN Report 114 by June 30, 2015. FinCEN Report 114 supersedes Form TD F 90-22.1. Individuals filing the report must file electronically through the BSA E-Filing System.
For additional information on filing FBAR, see the Treasury Department’s FBAR E-Filing FAQs and the BSA E-Filing System FAQs.
If you need assistance, please call an attorney in our Investment Funds and Investment Management group.