Deutsche Bank Self Certification for Entity Clients UK Automatic Exchange of Information and the OECD Common Reporting Standard (CRS) Appendix 2 Instructions Section A —General 1. UK CD/OT Intergovernmental Agreements (UK FATCA) The Crown Dependencies (Isle of Man. Guernsey and Jersey) and the British Overseas Territories (the Cayman Islands. the British Virgin Islands. Bermuda, Anguilla. Turks and Caicos Islands, Montserrat and Gibraltar) have all agreed to enter into automatic tax information exchange agreements with the UK. The agreements signed by the Crown Dependencies and Gibraltar with the UK are reciprocal, meaning that UK Financial Institutions will have to provide data on financial accounts held by tax residents of these territories to HM Revenue & Customs (HMRC), who will then exchange the information with the respective tax authorities. The UK has implemented regulations and guidance to implement these arrangements. Financial Institutions resident in the Crown Dependencies and Gibraltar will be required to provide information on financial accounts held by UK tax residents. 2 Common Reporting Standard (CRS) On 20 July, 2013, the G20 leaders endorsed the OECD proposals for a global model of automatic information exchange as the expected new standard on information exchange. This directive was carried out on 13 February, 2014. when the OECD released the Common Reporting Standard MRS') and model Competent Authority Agreement (-CAA"). On 15 July. 2014. the Council of the OECD published its detailed commentary on both the CRS and Model CAA. In order to promote adoption of the Common Reporting Standard within the European Union. a revised Directive on Administrative Cooperation ('DAC") was published on 09 December, 2014 requiring EU Member States to begin the automatic exchange of information under the revised DAC no later than end of September 2017. which will be in line with other OECD 'Earlier Adopter' countries. Per the DAC. the dead