HomeFinancialFinancial InstitutionsCorporate DisclosuresAML / KYC Corporate information Corporate disclosures Financials & presentations Corporate Governance Ratings Activities Contacts FATCA CREDIT EUROPE BANK Ltd., a member of international financial group FIBA, in order to comply with the requirements of the Foreign Account Tax Compliance Act (hereinafter - FATCA), has registered on the US Internal Revenue Service website (hereinafter - IRS), received the status of a participating financial institution - Participating FFI (Expanded Affiliated Group, EAG). This status allows CREDIT EUROPE BANK Ltd. to comply with the FATCA requirements to the extent not contradicting Russian law. CREDIT EUROPE BANK Ltd. was assigned an identification number GIIN: QBZQDK.00005.ME.643. About FATCA: Foreign Account Tax Compliance Act (FATCA) is a U.S. regulation which has the purpose to detect, deter and discourage offshore tax evasion by U.S. citizens, or residents, who either directly or indirectly invest outside the U.S. through foreign financial institutions (FFI). FATCA will be in force starting from 1st July 2014. FATCA requires that FFIs report to the Internal Revenue Service (IRS), the U.S. government agency responsible for tax collection and tax law enforcement, directly or through the local tax authorities information about financial accounts held by U.S. taxpayers, or by certain entities in which U.S. taxpayers hold a substantial ownership interest. In case of noncompliance with FATCA obligations, a FFI and its clients will be subject to 30% tax withholding on certain types of payments originated in the U.S and possible termination of correspondent banking relations with its counterparties.