Timing of Review and Additional Procedures Applicable to Preexisting Entity Accounts. 1. Review of Preexisting Entity Accounts with an account balance or value that exceeds $250,000 as of June 30, 2014 must be completed by June 30, 2016.
2. Review of Preexisting Entity Accounts with an account balance or value that does not exceed $250,000 as of June 30, 2014, but exceeds $1,000,000 as of December 31 of 2015 or any subsequent year, must be completed within six months after the last day of the calendar year in which the account balance or value exceeds $1,000,000.
3. If there is a change of circumstances with respect to a Preexisting Entity Account that causes the Reporting Bahamas 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 Bahamas Financial Institution must redetermine the status of the account in accordance with the procedures set forth in paragraph D of this section.
Timing of Review and Additional Procedures Applicable to Preexisting Entity Accounts. 1. Review of Preexisting Entity Accounts with an account balance or value that exceeds $250,000 as of December 31, 2013, must be completed by De- cember 31, 2015.
2. Review of Preexisting Entity Accounts with a balance or value that does not exceed $250,000 as of December 31, 2013, but exceeds $1,000,000 as of December 31 of a subsequent year, must be completed within six months after the end of the calendar year in which the account balance exceeds $1,000,000.
3. If there is a change of circumstances with respect to a Preexisting Entity Account that causes the Reporting [FATCA Partner] 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 [FATCA Partner] Financial Institution must redetermine the status of the account in ac- cordance with the procedures set forth in paragraph D of this section.
Timing of Review and Additional Procedures Applicable to Preexisting Entity Accounts. 1. Review of Preexisting Entity Accounts with an account balance or value that exceeds $250,000 as of 30 June 2014, must be completed by 30 June 2016.
2. Review of Preexisting Entity Accounts with a balance or value that does not exceed $250,000 as of 30 June 2014, but exceeds $1,000,000 as of 31 December of 2015 or any subsequent year, must be completed within six months after the end of the calendar year in which the account balance exceeds $1,000,000.
3. 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 of this section.
Timing of Review and Additional Procedures Applicable to Preexisting Entity Accounts. 1. Review of Preexisting Entity Accounts with an account balance or value that exceeds $250,000 as of December 31, 2013, must be completed by December 31, 2015.
2. Review of Preexisting Entity Accounts with a balance or value that does not exceed $250,000 as of December 31, 2013, but exceeds $1,000,000 as of December 31 of a sub- sequent year, must be completed within six months after the end of the calendar year in which the account balance exceeds $1,000,000.
3. If there is a change of circumstances with respect to a Preexisting Entity Account that causes the Reporting Norwegian Financial Institution to know or have reason to know that the self-certification or other documentation associated with an account is incorrect or un- reliable, the Reporting Norwegian Financial Institution must re-determine the status of the account in accordance with the procedures set forth in paragraph D of this section.
Timing of Review and Additional Procedures Applicable to Preexisting Entity Accounts. 1. Review of Preexisting Entity Accounts with an account balance or value that exceeds $250,000 as of December 31, 2013, must be completed by December 31, 2015.
2. Review of Preexisting Entity Accounts with a balance or value that does not exceed $250,000 as of December 31, 2013, but exceeds $1,000,000 as of December 31 of a subsequent year, must be completed within six months after the end of the calendar year in which the account balance exceeds $1,000,000.
3. If there is a change of circumstances with respect to a Preexisting Entity Account that causes the Reporting German 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 German Financial Institution must redetermine the status of the account in accordance with the procedures set forth in paragraph D of this section.
Timing of Review and Additional Procedures Applicable to Preexisting Entity Accounts. 1. Review of Preexisting Entity Accounts with an account balance or value that exceeds $250,000 as of June 30, 2014 must be completed by June 30, 2016.
2. Review of Preexisting Entity Accounts with an account balance or value that does not exceed $250,000 as of June 30, 2014, but exceeds $1,000,000 as of December 31 of 2015 or any subsequent year, must be completed within six months after the last day of the calendar year in which the account balance or value exceeds $1,000,000.
3. If there is a change of circumstances with respect to a Preexisting Entity Account that causes the Reporting Belarusian 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 Belarusian Financial Institution must redetermine the status of the account in accordance with the procedures set forth in paragraph D of this section.
Timing of Review and Additional Procedures Applicable to Preexisting Entity Accounts. 1. Review of Preexisting Entity Accounts with an account balance or value that exceeds $250,000 as of June 30, 2014 must be completed by June 30, 2016.
2. Review of Preexisting Entity Accounts with an account balance or value that does not exceed $250,000 as of June 30, 2014, but exceeds $1,000,000 as of December 31 of 2015 or any subsequent year, must be completed within six months after the last day of the calendar year in which the account balance or value exceeds $1,000,000.
3. If there is a change of circumstances with respect to a Preexisting Entity Account that causes the Reporting Brazilian 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 Brazilian Financial Institution must redetermine the status of the account in accordance with the procedures set forth in paragraph D of this section.
Timing of Review and Additional Procedures Applicable to Preexisting Entity Accounts. 1. Review of Preexisting Entity Accounts with an account balance or value that exceeds $250,000 as of June 30, 2014 must be completed by June 30, 2016.
2. Review of Preexisting Entity Accounts with an account balance or value that does not exceed $250,000 as of June 30, 2014, but exceeds $1,000,000 as of December 31 of 2015 or any subsequent year, must be completed within six months after the last day of the calendar year in which the account balance or value exceeds $1,000,000.
3. If there is a change of circumstances with respect to a Preexisting Entity Account that causes the Reporting Cayman Islands 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 Cayman Islands Financial Institution must redetermine the status of the account in accordance with the procedures set forth in paragraph D of this section.
Timing of Review and Additional Procedures Applicable to Preexisting Entity Accounts. 1. Review of Preexisting Entity Accounts with an account balance or value that exceeds $250,000 as of June 30, 2014 must be completed by June 30, 2016.
2. Review of Preexisting Entity Accounts with an account balance or value that does not exceed $250,000 as of June 30, 2014, but exceeds $1,000,000 as of December 31 of 2015 or any subsequent year, must be completed within six months after the last day of the calendar year in which the account balance or value exceeds $1,000,000.
3. If there is a change of circumstances with respect to a Preexisting Entity Account that causes the Reporting Greenlandic 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 Greenlandic Financial Institution must redetermine the status of the account in accordance with the procedures set forth in paragraph D of this section.
Timing of Review and Additional Procedures Applicable to Preexisting Entity Accounts. 1. Review of Preexisting Entity Accounts with an account balance or value that exceeds $250,000 as of June 30, 2014 must be completed by June 30, 2016.
2. Review of Preexisting Entity Accounts with an account balance or value that does not exceed $250,000 as of June 30, 2014, but exceeds $1,000,000 as of December 31 of 2015 or any subsequent year, must be completed within six months after the last day of the calendar year in which the account balance or value exceeds $1,000,000.
3. If there is a change of circumstances with respect to a Preexisting Entity Account that causes the Reporting Slovak 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 Slovak Financial Institution must redetermine the status of the account in accordance with the procedures set forth in paragraph D of this section.
