Depository Institution

CRS

The term “Depository Institution” means any Entity that accepts deposits in the ordinary course of a banking or similar business.

FATCA

§1.1471-5(e)(1)(i). Accepts deposits in the ordinary course of a banking or similar business.

UK Inter Governmental Agreement & SI

“depository institution” means—(a) a person carrying on a regulated activity for the purposes of the Financial Services and Markets Act 2000(a) by virtue of article 5 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001(b), or(b) a person who is within paragraphs (a) to (e) or (h) to (j) of the definition of “electronic money issuer” in regulation 2(1) of the Electronic Money Regulations 2011(c). [UKSI.2014 No. 1506] The term “Depository Institution” means any entity that accepts deposits in the ordinary course of a banking or similar business. [UK IGA]

AEIM100740

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