Responsible Officer
http://www.irs.gov/Businesses/International-Businesses/Draft-Form-8957-FATCA-Registration-Process
Type
Individual
Jurisdiction
U.S.
Sponsor/Regulator
U.S. Internal Revenue Service
Description
Each Foreign Financial Institution (FFI) must select a FATCA Responsible Officer (RO), who will typically sign the FFI Agreement with the IRS under FATCA.
Key Facts
It is a bank, custodian, broker-dealer, or clearing organization that is subject to regulatory supervision by a governmental authority in the jurisdiction in which it was created or organized, and is regularly engaged in a trade or business that includes the borrowing of securities of domestic corporations from, and lending of securities of domestic corporations to, its unrelated customers.
Additional Information
Details on the FATCA FFI Registration Process (Deloitte)