Fatca is the seed planted by uncle Sam which will eventually develop into a global tax system, it builds the foundation for them to launch their NWO coin, to streamline tax collection and crush terrorism, tax evasion and underground activities which the masses will be begging for after the global economy melts down.
After 2020, try to invest in Asia if you can hide it from your home countries' capital controls and virtual/proxied internment of yourself where ever you may roam.
There is supposed to be a bank secrecy law in the Philippines, but it doesn't apply any more if you are an American: