The International Tax Compliance (Client Notification) Regulations 2016
The Regulations came into force on 30 September 2016 and run to 12 pages. They amend the International Tax Compliance Regulations 2015 by requiring financial institutions and certain advisors to identify individuals to whom notifications, as outlined in the Regulations, must be sent on or before 31 August 2017. The Regulations were developed as the result of a late amendment to the Finance (No. 2) Act 2015 as the measure had not been announced at the Summer Budget 2015.