Wednesday, February 10, 2016
hat tip: Prof. Haydon Perryman: OECD Self-certification forms
The Business and Industry Advisory Committee to the OECD (BIAC) has drafted the following self-certification forms -
- Download BIAC-CRS-INDIVIDUAL-Self-Cert-Form
- Download BIAC-CRS-CONTROLLING-PERSONS-Self-Cert-Form
- Download BIAC-CRS-ENTITIES-Self-Cert-Form
Financial institutions should consult their advisers to ensure their CRS-related operations, including the self-certification forms collected from accountholders, comply with all applicable national laws.
Guide to FATCA Compliance (New 2016 Edition includes) over 1,500 pages of analysis of the FATCA and CRS compliance challenges, 73 chapters by FATCA and CRS contributing experts from over 30 countries. Besides in-depth, practical analysis, the 2016 edition includes examples, charts, time lines, links to source documents, and compliance analysis pursuant to the IGA and local regulations for many U.S. trading partners and financial centers. The Lexis Guide to FATCA Compliance, designed from interviews with over 100 financial institutions and professional firms, is a primary reference source for financial institutions and service providers, advisors and government departments. The 19 newest chapters include by example an in-depth analysis of designing a FATCA internal policy that is compliant with the initial two-year soft enforcement initiative, designing an equivalent form to the W-8, reporting accounts, reporting payments, operational specificity of the mechanisms of information capture, management and exchange by firms and between countries, insights as to the application of FATCA, CRS, and the IGAs within BRIC, SEA and European country chapters.