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NRFI: International Organisations

International organisations are Non-Reporting Financial Institutions (NRFI) for both regimes.

It is a defined term in the CRS and any entity that falls within the definition is a NRFI. International organisation means any international organisation or wholly owned agency or instrumentality thereof. This category includes any intergovernmental organisation (including a supranational organisation):

1. That is comprised primarily of governments;
2. That has in effect a headquarters or substantially similar agreement with the UK; and
3. »Ê¹ÚÌåÓýapp income of which does not inure to the benefit of private persons.

»Ê¹ÚÌåÓýapp IGA with the USA defines these by reference to an exhaustive list which comprises any UK office of:

â€� »Ê¹ÚÌåÓýapp International Monetary Fund

â€� »Ê¹ÚÌåÓýapp World Bank

â€� »Ê¹ÚÌåÓýapp International Bank for Reconstruction and Development

â€� »Ê¹ÚÌåÓýapp International Finance Corporation

â€� »Ê¹ÚÌåÓýapp International Finance Corporation Order, 1955 (SI 1955 No.1954)

â€� »Ê¹ÚÌåÓýapp International Development Association

â€� »Ê¹ÚÌåÓýapp Asian Development Bank

â€� »Ê¹ÚÌåÓýapp African Development Bank

â€� »Ê¹ÚÌåÓýapp European Community

â€� »Ê¹ÚÌåÓýapp European Coal and Steel Community

â€� »Ê¹ÚÌåÓýapp European Atomic Energy Community

â€� »Ê¹ÚÌåÓýapp European Investment Bank

â€� »Ê¹ÚÌåÓýapp European Bank for Reconstruction and Development

â€� »Ê¹ÚÌåÓýapp OECD Support Fund

â€� »Ê¹ÚÌåÓýapp Inter-American Development Bank

If any International organisation with a UK office is identified that meets the CRS definition, but which is not included in the IGA list, you should contact the BAI Exchange of Information policy team with responsibility for automatic exchange agreements.