Reporting Financial Institution definition

Reporting Financial Institution means a Reporting Portuguese Financial Institution or a Reporting U.S. Financial Institution, as the context requires.
Reporting Financial Institution means any Member State Financial Institution or San Marino Financial Institution, as the context requires, that is not a Non-Reporting Financial Institution.
Reporting Financial Institution means a person which holds a certificate of authority to act as an insurer pursuant to any provision of Title XX, Iowa Code, if the person:

Examples of Reporting Financial Institution in a sentence

  • In making these determinations the Reporting Financial Institution must follow the guidance in subparagraphs A(2)(a) to (c) in the order most appropriate under the circumstances.

  • With respect to an Account Holder of a New Entity Account (including an Entity that is a Reportable Person), the Reporting Financial Institution must determine whether the Account Holder is a Passive NFE with one or more Controlling Persons who are Reportable Persons.

  • In addition to the electronic and paper record searches described in subparagraphs C(1) and (2), the Reporting Financial Institution must treat as a Reportable Account any High Value Account assigned to a relationship manager (including any Financial Accounts aggregated with that High Value Account) if the relationship manager has actual knowledge that the Account Holder is a Reportable Person.

  • If there is a change of circumstances with respect to a Preexisting Entity Account that causes the Reporting Financial Institution to know, or have reason to know, that the self- certification or other documentation associated with an account is incorrect or unreliable, the Reporting Financial Institution must re-determine the status of the account in accordance with the procedures set forth in paragraph D.

  • If based on that review, such account is identified as a Reportable Account, the Reporting Financial Institution must report the required information about such account with respect to the year in which it is identified as a Reportable Account and subsequent years on an annual basis, unless the Account Holder ceases to be a Reportable Person.


More Definitions of Reporting Financial Institution

Reporting Financial Institution means any Jurisdiction Financial Institution that is not a Non-Reporting Financial Institution;
Reporting Financial Institution means any Singaporean Financial Institution or Swiss Financial Institution, as the context requires, that is not a Non-Reporting Financial Institution.
Reporting Financial Institution means any Trinidad and Tobago financial institution that is not a non-reporting financial institution;
Reporting Financial Institution means a Financial Institution subject to due diligence and reporting obligations pursuant to CRS Rules.
Reporting Financial Institution means a person who carries on business in the Islands as a Financial Institution which is not a Non-Reporting Financial Institution;
Reporting Financial Institution means a reporting Singaporean financial institution;