Reporting Turks and Caicos Islands Financial Institution definition

Reporting Turks and Caicos Islands Financial Institution means any Turks and Caicos Islands Financial Institution that is not a Non-Reporting Turks and Caicos Islands Financial Institution.
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Examples of Reporting Turks and Caicos Islands Financial Institution in a sentence

  • A Reporting Turks and Caicos Islands Financial Institution may not rely on a self-certification or documentary evidence if the Reporting Turks and Caicos Islands Financial Institution knows or has reason to know that the self-certification or documentary evidence is incorrect or unreliable.

  • If a Preexisting Individual Account is a High Value Account as of 30 June 2014, the Reporting Turks and Caicos Islands Financial Institution must complete the enhanced review procedures described in paragraph D of this section with respect to such account by 30 June 2015.

  • In the case of an account identified as a Reportable Account after 31 December 2014 and on or before 30 June 2015, the Reporting Turks and Caicos Islands Financial Institution is not required to report information about such account with respect to 2014, but must report information about the account on an annual basis thereafter..

  • Subject to any further terms set forth in a competent authority agreement executed pursuant to paragraph 6 of Article 3, the United Kingdom Competent Authority may make an inquiry directly to a Reporting Turks and Caicos Islands Financial Institution in the Turks and Caicos Islands where it has reason to believe that administrative errors or other minor errors may have led to incorrect or incomplete information reporting or resulted in other infringements of this Agreement.

  • A trust resident in the Turks and Caicos Islands to the extent that the trustee of the trust is a Reporting Turks and Caicos Islands Financial Institution and reports all information required to be reported pursuant to the Agreement with respect to all UK Reportable Accounts of the trust.

  • The competent authority agreement may provide that the United Kingdom Competent Authority shall notify the Turks and Caicos Islands when it makes such an inquiry of a Reporting Turks and Caicos Islands Financial Institution regarding the Reporting Turks and Caicos Islands Financial Institution’s compliance with the conditions set forth in this Agreement.

  • In addition to the electronic and paper record searches described above, the Reporting Turks and Caicos Islands Financial Institution must treat as United Kingdom Reportable Accounts any High Value Accounts assigned to a relationship manager (including any accounts aggregated with such account) if the relationship manager, has actual knowledge that the Account Holder is a Specified United Kingdom Person.

  • If based on this review such account is identified as a United Kingdom Reportable Account on or before 31 December 2014, the Reporting Turks and Caicos Islands Financial Institution must report the required information about such account with respect to 2014 in the first report on the Account and on an annual basis thereafter.

  • For each Relevant Reporting Period, in order for paragraph D to apply to the United Kingdom Reportable Account, the Specified United Kingdom Person who has made an election under subparagraph B.1.b) must also provide certification to the Reporting Turks and Caicos Islands Financial Institution in accordance with subparagraph C.1.

  • The Reporting Turks and Caicos Islands Financial Institution must review electronically searchable data maintained by them for any of the United Kingdom indicia identified in subparagraph B.1. of this section.

Related to Reporting Turks and Caicos Islands Financial Institution

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Reporting Financial Institution means a Reporting Finnish Financial Institution or a Reporting U.S. Financial Institution, as the context requires.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • Non-Reporting Financial Institution means any Financial Institution that is:

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • Licensed financial institution means a financial institution issued a license under this act.

  • Qualified United States financial institution means an institution that:

  • Approved Financial Institution means any bank approved by Exchange in accordance with its credit review procedures or policies;

  • Partner Jurisdiction Financial Institution means (i) any Financial Institution established in a Partner Jurisdiction, but excluding any branch of such Financial Institution that is located outside the Partner Jurisdiction, and (ii) any branch of a Financial Institution not established in the Partner Jurisdiction, if such branch is located in the Partner Jurisdiction.

  • regulated financial institution means a state or nationally chartered bank, savings and loan association or savings bank, credit union, trust company, or other state or federally chartered lending institution or a regulated affiliate or regulated subsidiary of any of these entities.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Designated Financial Institution shall have the meaning specified in Section 14.12(a).

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Eligible Financial Institution means, as of the date of any assignment as contemplated in Section 8.07(a)(i), a commercial bank or financial institution (i) with a credit rating on its long-term senior unsecured debt of either (a) “AA-” or better from S&P or (b) “Aa3” or better from Xxxxx’x; and (ii) having shareholders' equity of not less than $5,000,000,000.

  • International Borrower In connection with any Mortgage Loan, a borrower who is (a) a United States citizen employed in a foreign country, (b) a non-permanent resident alien employed in the United States or (c) a citizen of a country other than the United States with income derived from sources outside the United States.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Qualified airport authority means an airport authority

  • Qualified Financial Institution means, at any time, a financial institution organized under the laws of any jurisdiction in the United States of America or Europe that at such time has outstanding debt obligations with a stated maturity of one year or less from the date of issue and rated A-1 or higher by Standard & Poor’s, a division of The McGraw Hill Companies, Inc., Ratings Group (or any successor) or P-1 or higher by Moody’s Investors Service, Inc. (or any successor) or, in either case, such other comparable rating, if any, then used by such rating agency.

  • Participating Financial Institution means a financial institution participating in EMT Services and/or Online Payment Services, as the case may be.

  • international air transport means air transport that passes through the airspace over the territory of more than one State;

  • Affected Financial Institution means (a) any EEA Financial Institution or (b) any UK Financial Institution.

  • Financial Institutions has the meaning set forth in the preamble in this Agreement.

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);