All U.S. residents, whether living in the U.S. or overseas, with a financial interest in or signature authority over a foreign financial account holding $10,000 or more of assets are required to file Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR) by June 30st 2014. Please, visit the IRS web site to find the most pertinent information about FBAR http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Report-of-Foreign-Bank-and-Financial-Accounts-FBAR