Regulation 9 Insertion of regulation 12GA (provision of a valid self-certification)

After regulation 12G (provision of information), insert—

“Provision of a valid self-certification

12GA

Where a reporting financial institution requests a self-certification from an individual account holder, an entity account holder or a controlling person of an entity account holder (a ‘self-certification provider’), the self-certification provider must provide the self-certification requested—

(a)

in the case of a self-certification under the CRS, in accordance with the requirements of Sections III to VI and the commentary on those sections, and

(b)

in the case of a self-certification under the FATCA agreement, in accordance with the requirements of Annex 1 to that agreement.”.