FATCA Agreement between Switzerland and the USA: Switch from Model 2 to Model 1
After years of negotiations, Switzerland and the United States of America (USA) signed a new FATCA (Foreign Account Tax Compliance Act) Agreement on 27 June 2024.

Geneva
Executive Director – Audit and Advisory Financial Services
Khaled Elfeshawey is the Head of Financial Services department in Geneva at Grant Thornton Switzerland/Liechtenstein.
Khaled Elfeshawey has extensive knowledge in prudential auditing as well as the audit of individual and consolidated financial statements in accordance with Swiss law, IFRS and Swiss GAAP FER.
Prior to joining Grant Thornton, Khaled Elfeshawey spent eight years working at a Big 4 firm where he was a certified auditor for banks, securities traders and collective investment schemes.
His mandates cover a wide range of local and international clients, active in the financial services and trade sectors.
Khaled Elfeshawey is Swiss-certified audit expert licensed by the Federal Audit Oversight Authority (FAOA) and a Swiss-certified public accountant.
He is also a member of EXPERTsuisse.
In addition to his native French, Khaled Elfeshawey is fluent in English and Arabic.
After years of negotiations, Switzerland and the United States of America (USA) signed a new FATCA (Foreign Account Tax Compliance Act) Agreement on 27 June 2024.
Executive Director – Audit and Advisory Financial Services