FFIs

FFIs need to register with the US IRS and obtain a Global Intermediary Identification Number (GIIN) – SEBI Circular

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CIRCULAR  CIR/MIRSD/6/2014                                                                                     December 30, 2014   All Intermediaries registered with SEBI   Sub: Registration for the purpose of Foreign Accounts Tax Compliance Act (FATCA)     2.    The Government of India has informed SEBI vide communication dated December 30, 2014 that as per the FAQ published on the US Internal Revenue Service (IRS) website, Foreign … Read more

FFIs who have registered with IRS but have not obtained a GIIN should indicate to the withholding agents that the GIIN is applied for

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RBI/2014-15/372DBR. AML.No. 9644/14.07.018/2014-15 December 30, 2014 The Chairpersons / CEOs of all Scheduled Commercial BanksRRBs/Local Area Banks / All India Financial Institutions Dear Madam/Sir, Inter-Governmental Agreement (IGA) with United States of America (US)under Foreign Accounts Tax Compliance Act (FATCA)- Registration Please refer to our circular DBOD. AML. No. 20472 /14.07.018/2013-14 dated June 27, 2014 on the captioned … Read more