RBI/2015-16/167 DBR.AML.No. 3074/14.01.001/2015-16 August 31, 2015 The Chairpersons/ CEOs of all Scheduled Commercial Banks/ Regional Rural Banks/ Local Area Banks/ All India Financial Institutions/ All Non-banking Financial Companies/ All Primary (Urban) Co-operative Banks /State and Central Co-operative Banks (SCBs / CCBs) / All authorised persons Dear Sir/ Madam, Reporting requirement under Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS) – Guidance Note In continuation to our circular DBR.AML.BC.No.36/14.01.001/2015-16 dated August 28, 2015, a “Guidance Note on Implementation of Reporting Requirements under Rules 114F to 114H” as issued by the Department of Revenue, Ministry of Finance vide F.No.500/137/2011-FTTR-III dated August, 31, 2015 is enclosed for information and necessary action. Yours faithfully, (Lily Vadera) Chief General Manager Encl: as above | |