Collaboration on Compliance and Enforcement. A Competent Authority will notify the other Competent Authority when the first- mentioned Competent Authority has reason to believe that an error may have led to incorrect or incomplete information reporting or there is non-compliance by a Reporting Financial Institution with the applicable reporting requirements and due diligence procedures consistent with the Common Reporting Standard. The notified Competent Authority will take all appropriate measures available under its domestic law to address the errors or non-compliance described in the notice.
Appears in 30 contracts
Collaboration on Compliance and Enforcement. A Competent Authority will notify the other Competent Authority when the first- first-mentioned Competent Authority has reason to believe that an error may have led to incorrect or incomplete information reporting or there is non-compliance by a Reporting Financial Institution with the applicable reporting requirements and due diligence procedures consistent with the Common Reporting Standard. The notified Competent Authority will take all appropriate measures available under its domestic law to address the errors or non-compliance described in the notice.
Appears in 30 contracts
Samples: Multilateral Competent Authority Agreement, Multilateral Competent Authority Agreement, Multilateral Competent Authority Agreement
Collaboration on Compliance and Enforcement. A [Jurisdiction B] Competent Authority will notify the other [Jurisdiction A] Competent Authority when the first- first-mentioned Competent Authority has reason to believe that an error may have led to incorrect or incomplete information reporting or there is non-compliance by a Reporting Financial Institution with the applicable reporting requirements and due diligence procedures consistent with the Common Reporting Standard. The notified [Jurisdiction A] Competent Authority will take all appropriate measures available under its domestic law to address the errors or non-compliance described in the notice.
Appears in 2 contracts
Samples: Authority Agreement, Authority Agreement
Collaboration on Compliance and Enforcement. A Competent Authority will notify the other Competent Authority when the first- first-mentioned Competent Authority has reason to believe that an error may have led to incorrect or incomplete information reporting or there is non-compliance by a Reporting Financial Institution with the applicable reporting requirements and due diligence procedures consistent with the Common Reporting Standard. The notified Competent Authority will take all appropriate measures available under its the domestic law to address the errors or non-compliance described in the notice.
Appears in 1 contract
Samples: Competent Authority Agreement
Collaboration on Compliance and Enforcement. A Competent Authority will notify the other Competent Authority when the first- first-mentioned Competent Authority has reason to believe that an error may have led to incorrect or incomplete information reporting or there is non-compliance by a Reporting Financial Institution with the applicable reporting requirements and due diligence procedures consistent with the Common Reporting Standard. The notified Competent Authority will take all appropriate measures available under its domestic law to address the errors or non-compliance described in the notice.. SΕCΤΙΟΝ 5
Appears in 1 contract
Samples: Antigua and Barbuda
Collaboration on Compliance and Enforcement. A Competent Authority will notify the other Competent Authority when the first- mentioned Competent Authority has reason to believe that an error may have led to incorrect or incomplete information reporting or there is non-compliance by a Reporting Re- porting Financial Institution with the applicable reporting requirements and due diligence procedures consistent with the Common Reporting Standard. The notified Competent Authority will take all appropriate measures available under its domestic law to address the errors or non-compliance described in the notice.
Appears in 1 contract
Samples: Agreement
Collaboration on Compliance and Enforcement. A Competent Authority will notify the other Competent Authority when the first- first-mentioned Competent Authority has reason to believe that an error may have led to incorrect or incomplete information reporting or there is non-compliance by a Reporting Financial Institution with the applicable reporting requirements and due diligence procedures consistent with the Common Reporting Standard. The notified Competent Authority will take all appropriate measures available under its domestic law to address the errors or non-non- compliance described in the notice.
Appears in 1 contract
Samples: www.iras.gov.sg
Collaboration on Compliance and Enforcement. A Competent Authority will shall notify the other Competent Authority when the first- first-mentioned Competent Authority has reason to believe that an error may have led to incorrect or incomplete information reporting or there is non-non- compliance by a Reporting Financial Institution with the applicable reporting requirements and due diligence procedures consistent with the Common Reporting Standard. The notified Competent Authority will shall take all appropriate measures available under its domestic internal law to address the errors or non-compliance described in the notice.
Appears in 1 contract
Samples: Agreement
Collaboration on Compliance and Enforcement. A Competent Authority will notify the other Competent Authority when the first- first-mentioned Competent Authority has reason to believe that an error may have led to incorrect or incomplete information reporting or there is non-compliance by a Reporting Financial Institution with the applicable reporting requirements and due diligence procedures consistent with the Common Reporting Standard. The notified Competent Authority will take all appropriate measures available under its domestic law to address the errors or non-compliance described in the notice.
Appears in 1 contract
Samples: Agreement