Ha. My ancient mother, who is English, was conducting some mundane transaction in an English bank the other day when the teller asked her "You're not American

Ha. My ancient mother, who is English, was conducting some mundane transaction in an English bank the other day when the teller asked her "You're not American are you?". She was so surprised she didn't know what to say. AIUI, it's not just reporting requirements but the potential for massive fines that's driving this.