Extension of FBAR Filing Deadline for Certain Officers and Employees with Signature or Other Authority

February 23, 2012
This update examines the recent extension of the Report of Foreign Bank and Financial Accounts (FBAR) filing deadline for certain officers and employees with signature or other authority over foreign accounts. Pursuant to the extension, certain officers and employees of exempted entities and investment advisers have until June 30, 2013 to file the FBAR.