Paper Record Search. If the Reporting British Virgin Islands Financial Institution’s electronically searchable databases include fields for, and capture all of the information described in, subparagraph D(3) of this section, then no further paper record search is required. If the electronic databases do not capture all of this information, then with respect to a High Value Account, the Reporting British Virgin Islands Financial Institution must also review the current customer master file and, to the extent not contained in the current customer master file, the following documents associated with the account and obtained by the Reporting British Virgin Islands Financial Institution within the last five years for any of the U.S. indicia described in subparagraph B(1) of this section:
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Paper Record Search. If the Reporting British Virgin Islands Financial Institution’s electronically searchable databases include fields for, for and capture all of the information described in, identified in subparagraph D(3) D.3. of this section, then no further paper record search is required. If the electronic databases do not capture all of this information, then with respect to a High Value AccountAccounts, the Reporting British Virgin Islands Financial Institution must also review the current customer master file and, to the extent not contained in the current customer master file, the following documents associated with the account and obtained by the Reporting British Virgin Islands Financial Institution within the last five years for any of the U.S. United Kingdom indicia described identified in subparagraph B(1) B.1. of this section:
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