Just catching up on assignments and coming across this question. Assuming this is a basic question about the Foreign Account Tax Compliance Act (and not the "FACTA" meaning the "Fair & Accurate Credit Transactions Act"), then it's a group of provisions in US (tax) law designed to prevent US taxpayers from avoiding US income tax on income by shielding that income through non-US financial institutions and offshore funds. So while that's an aim of FACTA, it's a result of complying with FACTA that foreign corrupt practices are also deliberately prevented from touching US-based funds and financial institutions through a deliberate and documented process of knowing your customer and anti-money laundering that adheres to all applicable laws and known best practices. Certifications and attestations are required and auditable processes and results are required. Not sure if that's what you're looking for but I'm presuming this is a general question lobbed out here to get a conversation going. Either way, hope that helps! Best!