The Foreign Account Tax Compliance Act (FATCA) is a United States federal law that requires United States persons, including individuals who live outside the United States, to report their financial accounts held outside of the United States, and requires foreign financial institutions to report to the Internal Revenue Service about their U.S. clients.
Inter-Governmental Agreements are in place with various Governments around the world, including all of the jurisdictions in which our platforms are incorporated, which allows Foreign Financial Institutions (as defined by FATCA) to report to their local tax authorities, who then report the data to the Internal Revenue Service in the US.
Sancus Lending Group FATCA compliance
In order that Sancus Lending is fully compliant with the requirements of FATCA, it and its relevant subsidiary companies, all are registered and in possession of their Global Intermediary Identification Number (GIIN) which is an essential part in proceeding towards reporting status.
Please find below, the list of companies and their GIINs.
|Sancus Group of Companies||Country||GIIN|
|Sancus Lending Group Limited||Guernsey||LBF2XD.00000.LE.831|
|Sancus Group Holdings Limited||Guernsey||LBF2XD.00013.ME.831|
|Sancus Lending (Jersey) Limited||Jersey||LBF2XD.00020.ME.832|
|Sancus Lending (Guernsey) Limited||Guernsey||LBF2XD.00021.ME.831|
|Sancus Lending (Gibraltar) Limited||Gibraltar||LBF2XD.00027.ME.292|
|Sancus Lending (Ireland) Limited||Ireland||LBF2XD.000024.ME.372|
|Sancus Lending (UK) Limited||UK||TMDVTA.00000.LE.826|
|Sancus Holdings (UK) Limited||UK||3SZIGN.99999.SL.826|
|Sancus Loans Limited||UK||LBF2XD.00031.ME.826|
|Fintech Ventures Limited||Guernsey||LBF2XD.00028.ME.831|