Key Requirements
A Singapore financial institution must identify specified US persons for FATCA and relevant tax residence information for CRS. It may request self-certification, TINs or evidence when opening an account or after indicators such as a foreign correspondence address arise. For entity accounts, controlling-person information may also be needed. Provide accurate information based on the applicable tax rules; a passport or Singapore mailing address alone is not always determinative. Update changes and respond to requests promptly. The two reporting regimes have different coverage, so a person who is not a US person can still be relevant for CRS.
Official Source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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