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IEIM401040 | NRFI: FATCA Only: US Regulations Exemptions

From HM Revenue & Customs · International Exchange of Information Manual

NRFI: FATCA Only: US Regulations Exemptions

Under the terms of the IGA with the US, UK Financial Institutions can take advantage of exemptions from reporting afforded by the US FATCA regulations. To do this a UK Financial Institution must either be a Registered Deemed Compliant Financial Institution [see IEIM401060] or a certified Deemed Compliant Financial Institution [see IEIM401140].