Revenue Procedure 2000-12PDF states that the IRS will not enter into a qualified intermediary (QI) withholding agreement that provides for the use of documentary evidence obtained under a country's know-your-customer rules if it has not received the know-your-customer practices and procedures for opening accounts and responses to 18 specific questions listed in the revenue procedure. This document lists those countries that have submitted know-your-customer rules and those rules have been approved. The qualified intermediary agreement contains an attachment that lists the specific types of know-your-customer documentary evidence for each country that is sufficient for purposes of the qualified intermediary agreement. The IRS is working together with the organizations that have submitted acceptable know-your-customer rules to develop standardized attachments. The attachments can be seen here as soon as they are available. For more information, see Rev. Proc. 2000-12, Announcement 2000-48PDF and Notice 2006-35. If a country is on the approved list, entities and branches located in that country may submit their QI applications. Once a specific attachment has been developed for a particular country, the IRS will associate the attachment with the qualified intermediary agreement it sends for signature. A qualified intermediary may suggest amendments to the attachment, but departures from the standardized attachment may delay processing of an application. To determine whether the know-your-customer rules that have been submitted to the IRS cover a particular QI applicant, the applicant should look to the specific country attachment. For example, in some countries, different rules apply to banks and brokers. A QI applicant that is a bank or a broker should verify that the know-your-customer rules that have been submitted cover all the rules applicable to that applicant. For more information, you may contact KYC Coordinator, Ernest Leonardini, QI Compliance Specialist, QI Program, 290 Broadway, New York, New York, 10007, phone: 212-436-1907, fax: 855-529-9480, email: ernest.j.leonardini@irs.gov. Forms and Instructions Required To Apply For KYC Approval. Jurisdictions with Approved Know-Your-Customer Rules Andorra (Rev. January 2007) Anguilla AntiguaPDF ArgentinaPDF Aruba AustraliaPDF AustriaPDF (Rev. March 2018) BahamasPDF BahrainPDF Barbados (Rev. January 2004) BelgiumPDF BermudaPDF British Virgin IslandsPDF Brunei CanadaPDF (Rev. November 2020) Cayman IslandsPDF Chile Chilean Stock BrokersPDF ColombiaPDF Cook IslandsPDF Curacao and St. MaartenPDF CyprusPDF (Rev. October 2010) Czech RepublicPDF Denmark (Rev. December 2019) EstoniaPDF Finland FrancePDF France (Rev. January 2004) GermanyPDF (Rev. June 2021) GibraltarPDF GreecePDF GreecePDF (Rev. August 2010) GuernseyPDF Hong KongPDF HungaryPDF IcelandPDF IrelandPDF (Rev. November 2002) Isle of ManPDF Israel Israeli BankPDF Israeli Brokers and Broker-dealersPDF ItalyPDF Japan Japanese Trust BanksPDF (Rev. March 2014) Japanese Securities DealersPDF (Rev. March 2016) Japanese Investment Trust Management CompaniesPDF JerseyPDF KazakhstanPDF KoreaPDF LatviaPDF LuxembourgPDF LiechtensteinPDF MaltaPDF MexicoPDF MonacoPDF NetherlandsPDF New ZealandPDF NorwayPDF (Rev. July 2018) PanamaPDF Poland PortugalPDF (Rev. April 2007) RomaniaPDF RussiaPDF Saint Vincent and The Grenadines San MarinoPDF SeychellesPDF SingaporePDF Slovakia (Slovak Republic)PDF Slovenia SpainPDF St. LuciaPDF SwedenPDF (Rev. December 2002) SwitzerlandPDF (Rev. July 2020) The Holy See and the Vatican City StatePDF The Kingdom of Saudi ArabiaPDF The Republic of China (Taiwan) The Republic of CroatiaDOC The Republic of LithuaniaPDF The Republic of South AfricaPDF Turks and Caicos IslandsPDF United Arab Emirates United Arab Emirates - Non-IFSC Dubai - IFSCPDF United KingdomPDF Uruguay Uruguay BanksPDF Uruguayan Stock Brokers
