Compliance & Tax
Bordier & Cie is committed to being fully FATCA compliant in all countries where we operate.
Financial Institutions and regulatory bodies around the world are increasingly focused on combating money laundering and fighting financial crime. Certain information on a financial institution is often required to support maintaining an account.
The following documents are of assistance to banks in completing their client bank due diligence on Bordier & Cie:
Pursuant to the USA PATRIOT Act Certification and final rules issued by the U.S. Department of the Treasury, a U.S. bank or a U.S. broker-dealer in securities (a “Covered Financial Institution”) is required to obtain certain information from any “Foreign Bank” that maintains a correspondent account with it.
As permitted by the final rules, Bordier has prepared a Global Certification for use by any financial institution that believes it requires a Patriot Act Certification from Bordier & Cie or one of its branches or listed subsidiaries.
- FATCA Overview
There are a number of substantial changes being made by financial regulators, governments and banks to ensure the protection and long-term safety of both the financial system and our customers’ interests. One of these regulations is the Foreign Account Tax Compliance Act (FATCA) effective from 1 July 2014. This legislation administered by the United States Government encourages better tax compliance by preventing US Persons from using non-US financial organisations and foreign entities to avoid US taxation on their income and assets.
- Impact to Bordier & Cie
Bordier & Cie is committed to being fully FATCA compliant in all countries where we operate. Bordier & Cie has registered with the IRS and has been allocated a global intermediary identification number or GIIN as follows: ENTITY NAME: BORDIER & CIE GIIN: FFK2W6.00000.LE.756
Please refer to the list of FATCA-compliant financial institutions published on IRS site.
Dernière mise à jour: septembre 2014
Bordier & Cie SCmA s’engage à être pleinement conforme à la loi FATCA dans tous les pays où nous opérons
Switzerland has agreed to the automatic exchange of information on financial accounts (AEOI).