05.11 – Effective Power of Attorney or Signatory Authority

Where the indicia found is a current effective power of attorney or signatory authority granted to a person with a US address, or an ‘in care of’ or ‘hold mail’ address in the US that is the sole address the Financial Institution holds for the account holder, the account must be reported unless the UK Financial Institution obtains or currently maintains a record of one of the following:

  • a self certification showing that the account holder is neither a US citizen nor a US resident for tax purposes; or
  • a form of acceptable documentary evidence which establishes the account holder’s non-US status. See Section 4.2.