AEI-FATCA Information

AEI-FATCA Program

UBS is required to report relevant financial information to applicable tax authorities. In 2010, the United States Government enacted the Foreign Account Tax Compliance Act (FATCA) to enable to the US Internal Revenue Service (IRS) to receive information on US Persons holding offshore accounts. The FATCA concept has spread to other countries (e.g. the United Kingdom) and to the international community, the latest being the Organisation for Economic Co-operation and Development (OECD) resulting in a FATCA-like global standard for the exchange of tax information called the Automatic Exchange of Information (AEI). Both the AEI and FATCA regulations share the same objective to enhance global tax transparency through the mandatory exchange of client tax information between Financial Institutions and tax authorities.

A key element to determine the FATCA and AEI status of a client is a self-certification completed by the client. UBS has developed specific self-certification forms for this purpose. By signing the form, you certify that you meet the requirements and conditions for the applicable FATCA and AEI status. UBS is required to collect AEI-FATCA self-certification statements during the account opening process for all new accounts. New accounts will not be opened until UBS receives a valid self-certification.

AEI-FATCA forms

To download the AEI-FATCA forms and supporting notes, please click here.

The information contained herein (including the general advice, if any) has been prepared without taking account of your objectives, financial situation or needs and because of that, you should, before acting on the information, consider the appropriateness of the information, having regard to your objectives, financial situation and needs. You should obtain the relevant offer documents relating to the product referred to herein and consider the Statement before making any decision about whether to acquire such product.