Mandatory Written Sponsorship Agreement (intragroup)

USD $990.00

A written sponsorship agreement is a requirement for any sponsor RO submitting a Sponsor’s Periodic RO Certification. Our product is similar to standardized contract, including the components necessary for a FATCA sponsoring relationship, but pared down to core, operational elements for use in intragroup sponsoring relationships.

Description

A 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, featuring the components necessary for a FATCA sponsoring relationship set out in a direct and accessible fashion.

The Mandatory Written Sponsorship Agreement (intragroup) is pared down to core, operational elements for use in sponsoring relationships between related parties. Designed as a written record of the internal allocation of FATCA-related responsibilities, a single signed Agreement may cover multiple sponsoring relationships.

Perfect for fiduciaries sponsoring trusts and the other components of their private wealth management structures!