The full details of FATCA have yet to be ironed out between the U.S. Treasury and the IRS, but one of its requirements will include a document for new account holders to sign that waives whatever rights they may have under local banking secrecy laws.

FORBES

At issue is the most powerful document in America - one that gives holders access to guns, high-profile terror targets, money from overseas and the appearance of legitimacy at security checkpoints: a driver's license.

CENTERFORSECURITYPOLICY: License to Kill