![]() ![]() A branch of an FFI located in the FFI’s home country will use the GIIN of the FFI. branches and limited branches are not eligible to receive their own GIINs. A separate GIIN will be issued to the FI to identify each jurisdiction where it maintains a branch that is participating or registered deemed-compliant.Īll branches (and, except in Model 1 IGA jurisdictions, disregarded entities) of an FI located in a single jurisdiction are treated as one branch and, as a result, will share a single GIIN. The online registration user guide provides further instructions on how to register branches. ![]() When the FI completes its FATCA registration and registers its branches by answering Questions 7, 8, and 9, GIINs will be assigned with respect to the registered branches, where appropriate. The branch will not have a separate registration account, but will be assigned a separate GIIN, if eligible. ![]() ![]() As such, the branch will be registered by the FI of which the branch is a part (including an appropriate Lead FI or Sponsoring Entity) when that FI completes Part 1 of its own FATCA registration. A branch (including a DE) that is in a Model 2 IGA jurisdiction, or a jurisdiction without an IGA, must be registered as a branch of its owner (rather than as a separate entity). ![]()
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