A group of 'Accidental Americans' living in France has begun legal action on the grounds that FATCA is being used as an excuse for French banks to refuse bank accounts applications for American citizens. The Accidental Americans Association (AAA), acting on behalf of 278 of its members, yesterday lodged a complaint at a criminal court in Paris, saying their members are being discriminated against by French banks, which are worried they will be held accountable for any undeclared revenue or assets held in France by their personal banking clients. Accidental Americans acquired US citize...
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