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welcome back to our channel in todayamp;#39;s video we will discuss reporting processes and timelines for fatka we will delve into the reporting processes and timelines that financial institutions must adhere to under fat to ensure compliance letamp;#39;s explore the specifics of reporting under this essential tax reporting regulation the role of financial institutions financial institutions are Central to the reporting processes under fatka as they are responsible for identifying and Reporting information about us account holders fatka reporting process fatka outlines a structured reporting process for foreign financial institutions such as identifying us account holders completing IRS forms and reporting to the IRS identifying us account holders financial institutions must accurately identify us account holders both for individual and entity accounts completing IRS forms account holders must complete the appropriate IRS forms W8 and W9 to docHub their tax status reporting timeline