Appendix – Definitions
‘Account Holder’ The term ‘Account Holder’ means the person listed or identiﬁed as the holder of a Financial Account.
A person, other than a Financial Institution, holding a Financial Account for the beneﬁt of another person as an agent, a
custodian, a nominee, a signatory, an investment advisor, an intermediary, or as a legal guardian, is not treated as the
Account Holder. In these circumstances that other person is the Account Holder. For example in the case of a parent/
child relationship where the parent is acting as a legal guardian, the child is regarded as the Account Holder. With respect
to a jointly held account, each joint holder is treated as an Account Holder.
‘Controlling Person’ This is a natural person who exercises control over an entity. Where an entity Account
Holder is treated as a Passive Non-Financial Entity (‘NFE’) then a Financial Institution must determine whether such
Controlling Persons are Reportable Persons. This deﬁnition corresponds to the term ‘beneﬁcial owner’ as described in
Recommendation 10 of the Financial Action Task Force Recommendations (as adopted in February 2012).
If the account is maintained for an entity of which the individual is a Controlling Person, then the
‘Controlling Person tax residency Self-Certification’ form should be completed instead of this form.
‘Entity’ The term ‘Entity’ means a legal person or a legal arrangement, such as a corporation, organisation, partnership,
trust or foundation.
‘Financial Account’ A Financial Account is an account maintained by a Financial Institution and includes: Depository
Accounts; Custodial Accounts; Equity and debt interest in certain Investment Entities; Cash Value Insurance Contracts;
and Annuity Contracts.
‘Participating Jurisdiction’ A Participating Jurisdiction means a jurisdiction with which an agreement is in place
pursuant to which it will provide the information required on the automatic exchange of ﬁnancial account information set
out in the Common Reporting Standard.
‘Reportable Account’ The term ‘Reportable Account’ means an account held by one or more Reportable Persons or by
a Passive NFE with one or more Controlling Persons that is a Reportable Person
‘Reportable Jurisdiction’ A Reportable Jurisdiction is a jurisdiction with which an obligation to provide ﬁnancial account
information is in place.
‘Reportable Person’ A Reportable Person is deﬁned as an individual who is tax resident in a Reportable Jurisdiction
under the tax laws of that jurisdiction. Dual resident individuals may rely on the tiebreaker rules contained in tax
conventions (if applicable) to solve cases of double residence for purposes of determining their residence for tax
‘TIN’ (including ‘functional equivalent’) The term ‘TIN’ means Taxpayer Identiﬁcation Number or a functional equivalent
in the absence of a TIN. A TIN is a unique combination of letters or numbers assigned by a jurisdiction to an individual or
an Entity and used to identify the individual or Entity for the purposes of administering the tax laws of such jurisdiction.
Further details of acceptable TINs can be found at the following link:
Some jurisdictions do not issue a TIN. However, these jurisdictions often utilise some other high integrity number with
an equivalent level of identiﬁcation (a ‘functional equivalent’). Examples of that type of number include, for individuals, a
social security/insurance number, citizen/personal identiﬁcation/service code/number, and resident registration number.
Note: These are selected deﬁnitions provided to assist you with the completion of this form. Further details
can be found within the OECD Common Reporting Standard for Automatic Exchange of Financial
Account Information (the CRS’), the associated Commentary to the CRS, and domestic guidance.
This can be found at the following link:
If you have any questions then please contact your tax adviser or domestic tax authority.