IEIM401260 - NRFI: FATCA Only: Investment Advisers and Investment Managers

NRFI: FATCA Only: Investment Advisers and Investment Managers

Under the terms of the IGA, investment advisers and investment managers may fall to be Financial Institutions [see IEIM400600] solely because they render investment advice to, or on behalf of a customer for the purposes of investing, managing or administering funds deposited in the name of the customer.

An Investment Entity [see IEIM400760] established in the United Kingdom that is a Financial Institution solely because it:

1. Renders investment advice to, and acts on behalf of, or

2. manages portfolios for, and acts on behalf of,

a customer for the purposes of investing, managing, or administering funds deposited in the name of the customer with a Financial Institution other than a Non-Participating Financial Institution will be regarded as a Certified Deemed Compliant Financial Institution.