The DFSA warns the public of an ongoing phishing scam targeting financial institutions which are required to comply with the United States Foreign Account and Tax Compliance Act 2010 (FATCA).The scammers contact financial institutions (the Firm) by telephone, email, fax or through the financial institution's website.  They pose as agents of the Internal Revenue Service (IRS) and claim that they are assessing the financial institution's compliance with FATCA.  In the course of their "assessment" of a financial institution, the scammers solicit personal and financial information about the financial institution's clients.The IRS has published an alert on 24 September 2014 informing the public that the IRS:The alert issued by the IRS can be accessed by going to the following link:http://www.irs.gov/uac/Newsroom/IRS-Warns-Financial-Institutions-of-Scams-Designed-to-Steal-FATCA-Related-Account-DataThe IRS also advises any financial institution who suspects that it may have been contacted by the scammers to report such phishing scams to the Treasury Inspector General for Tax Administration (TIGTA) at +1 800 366 4484, or through TIGTA's secure website. Any suspicious emails that contain attachments or links in the message should not be opened, and the email should be forwarded to [email protected]