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by closewith
1428 days ago
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Even that is not enough, as the US reserves the right to extraterritorial personal jurisdiction over companies on a case-by-case basis, depending on the nature of the company's dealings with the US and business interests in the US. |
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This is similar to the FATCA situation, where it’s extremely difficult for US citizens to get bank accounts in Europe.
(Edit: if you’re not aware: FATCA is a US law that forces non-US banks to provide info about US citizens banking with them on request to US authorities. The threat is the removal of US banking licenses for any subsidiaries of the bank’s owners. Rather than providing info to the US, most banks are taking the safer route of asking if a person is a US citizen up front, and refusing to open an account if they say yes.)