Mandatory Written Sponsorship Agreement (external)
A written sponsorship agreement is a requirement for any sponsor RO submitting a Sponsor’s Periodic RO Certification. Our product is a standardized contract, in both Word and PDF versions, including the components necessary for a FATCA sponsoring relationship between third parties. It is adaptable to the relevant jurisdiction.
DescriptionA written sponsorship agreement is a requirement for any sponsor RO submitting a Sponsor’s Periodic RO Certification. The absence of such an agreement in place will result in a Qualified Certification or worse. This document satisfies this requirement.
Our product is in the form of a standardized contract template, in both Word and PDF versions, featuring the components necessary for a FATCA sponsoring relationship set out in a direct and legalistic fashion.
Furthermore, our written sponsorship agreement is adaptable to the relevant jurisdiction and thus may be made enforceable between unrelated parties under local law.
You can tailor the Word version as you see fit, e.g., by inserting the date, the names of the sponsoring and sponsored entities, etc., and by changing any of the other provisions to suit your specific sponsoring arrangements. The PDF version contains various embedded “post-it”-note-type comments explaining specific provisions of the Agreement.