Examples of US Agreement in a sentence
In respect of the US Agreement only, the NFFE is organised in a US Territory and all of the owners of the payee are bona fide residents of that US Territory.
NOTE: Trust and Company Service Providers and any trustee that is considered to be a Financial Institution in its own right will have registration obligations under the US Agreement even if no Specified US Persons are identified in relation to the trusts that they manage or administer.
See 4.2.1 for further information on the obligations of a sponsoring entity under the US Agreement.
This Section is relevant for registration requirements under the US Agreement.
Exemptions from the definition of Reporting Financial Institution or Financial Account are set out in Annex II to the US Agreement and Annex III to the UK Agreement.