Compliance FI


A participating FFI that is a member of an expanded affiliated group (EAG) that includes one or more FFIs may elect to be part of a consolidated compliance program (CCG) under the authority of a Compliance FI.  A Compliance FI is a participating FFI, Reporting Model 1 FFI, or a U.S. Financial Institution, that is a member of the EAG that agrees to establish and maintain a consolidated compliance program, perform a consolidated periodic review, and submit required certifications.  

The Compliance FI must be registered as the lead FI and must select at least one member from the list of  eligible members to be included in the certification.  If no members are selected from the list of eligible members displayed, the FI would need to select a different certification type.