FATCAReportableStatus

Description
FATCA Reportable Status

Type : OLI_LU_FATCASTAT
DescriptionNameValue
Non-reportableOLI_FATCASTAT_NONRPTABLE2
OtherOLI_OTHER2147483647
PendingOLI_FATCASTAT_PENDING3
Refuses to respondOLI_FATCASTAT_REFUSES4
ReportableOLI_FATCASTAT_RPTABLE1
UnknownOLI_UNKNOWN0

Definition
Status that defines whether the person is considered reportable based on the FATCA rules.The U.S. Foreign Account Tax Compliance Act (FATCA) requires foreign financial institutions to document & report sales of insurance to U.S. persons. Regulations require the financial institution to take steps to determine whether the account owner is a U.S. taxpayer at account opening.

Parents
Party