Reporting British Virgin Islands Financial Institution definition

Reporting British Virgin Islands Financial Institution means any British Virgin Islands Financial Institution that is not a Non-Reporting British Virgin Islands Financial Institution.

Examples of Reporting British Virgin Islands Financial Institution in a sentence

  • A Reporting British Virgin Islands Financial Institution may not rely on a self-certification or documentary evidence if the Reporting British Virgin 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 June 30, 2014, the Reporting British Virgin Islands Financial Institution must complete the enhanced review procedures described in paragraph D of this section with respect to such account by June 30, 2015.

  • The United Kingdom Competent Authority shall notify the British Virgin Islands Competent Authority when the United Kingdom Competent Authority has determined that there is significant non-compliance with the obligations under this Agreement with respect to a Reporting British Virgin Islands Financial Institution.

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

  • If based on this review such account is identified as a U.S. Reportable Account on or before December 31, 2014, the Reporting British Virgin 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 purposes of determining the aggregate balance or value of Financial Accounts held by a person to determine whether a Financial Account is a High Value Account, a Reporting British Virgin Islands Financial Institution is also required, in the case of any Financial Accounts that a relationship manager knows, or has reason to know, are directly or indirectly owned, controlled, or established (other than in a fiduciary capacity) by the same person, to aggregate all such accounts.

  • Dan dalam bahasa Inggris sikap mempunyai pengertian Attitude yang berarti cara bereaksi terhadap suatu ransangan.

  • Unless the Reporting British Virgin Islands Financial Institution elects otherwise, either with respect to all Preexisting Individual Accounts or, separately, with respect to any clearly identified group of such accounts, where the implementing rules in the British Virgin Islands provide for such an election, the following Preexisting Individual Accounts are not required to be reviewed, identified, or reported as U.S.

  • 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 British Virgin Islands Financial Institution in the British Virgin 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.

  • With respect to New Entity Accounts not described in paragraph A of this section, the Reporting British Virgin Islands Financial Institution must determine whether the Account Holder is: (i) a Specified United Kingdom Person; (ii) a Non-United Kingdom Resident Entity which is a Financial Institution; (iii), a non-reporting Financial Institution; (v) an exempt beneficial owner; (vi) an Active NFFE or a Passive NFFE.

Related to Reporting British Virgin Islands Financial Institution

  • 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.

  • UK Financial Institution 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.

  • 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.

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

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

  • Participating Financial Institution means a financial institution participating in Interac e-Transfer Services, Online Payment Services, or Western Union Services, as the case may be.

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.