Subject: Compliance with FATCA Regulation

The Foreign Account Tax Compliance Act (FATCA) is a US Regulation which requires all Foreign Financial Institutions (FFIs) across countries to identify and report all accounts owned by ‘US Tax Payers’ to the relevant regulators.

The US has partnered with over 120 countries (including Israel) by signing Intergovernmental Agreement (IGA) which makes it simpler as well as mandatory under local legislation for FFIs based in the partner countries to comply with the requirements under FATCA. You can also find more information about the IGAs at:

http://www.treasury.gov/resource-center/tax-policy/treaties/Pages/FATCA.aspx

The IBI Group has registered all its FFI entities on the FATCA portal maintained by the Internal Revenue Service (IRS) and has successfully obtained unique Global Intermediary Identifier Numbers (GIIN) for each FFI entity. These have been listed on the IRS portal and can be accessed at:

http://apps.irs.gov/app/fatcaFfiList/flu.jsf

IBI has prepared FATCA Self-Certifications (latest W8 formats released by IRS in 2016) for all relevant legal entities in the group. These have been uploaded to the IBI’s website and can be accessed here:

SR NO. REGISTERED ENTITIES GIIN TAX FORM FATCA Classification
 1. I.B.I. - Amban Asset Management LTD - W-8BEN-E Nonreporting IGA FFI
 2. CFX markets LTD - W-8BEN-E NFFE affiliate of a publicly traded corporation
 3. Poalim I.B.I. Underwriting & Issuing LTD - W-8BEN-E NFFE affiliate of a publicly traded corporation
 4. Israel Brokerage and Investments I.B.I. LTD 5TXBF9.00000.LE.376

W-8BEN-E

W-8-IMY

Reporting Model 1 FFI.
 5. I.B.I. Investment House LTD - W-8BEN-E Publicly traded NFFE
 6. Pleshet Investments LTD - W-8BEN-E NFFE affiliate of a publicly traded corporation
 7. I.B.I. GEMEL provident funds - W-8BEN-E Exempt retirement plans
 8. I.B.I.  severance fund RA148T.00002.SF.376 W-8BEN-E Nonreporting IGA FFI
 9. I.B.I. IRA Study Funds RA148T.00003.SF.376 W-8BEN-E Nonreporting IGA FFI
 10. I.B.I. Study Funds RA148T.00001.SF.376 W-8BEN-E Nonreporting IGA FFI
 11. I.B.I. GEMEL LTD RA148T.00000.SP.376 W-8BEN-E Certified deemed-compliant investment advisors and investment managers
 12. Orot Investments LTD - W-8BEN-E NFFE affiliate of a publicly traded corporation
 13. I.B.I. four seasons LTD - W-8BEN-E

NFFE affiliate of a publicly traded corporation

14. Poalim I.B.I. - Managing  & Underwriting LTD  - W-8BEN-E

Publicly traded NFFE

15. I.B.I. Secured Bridge Loans LP  EUS1VG.99999.SL.136 W-8IMY Participating FFI
16. I.B.I. ILS Partners LTD  - W-8BEN-E NFFE affiliate of a publicly traded corporation
17. I.B.I. GEMEL investments funds RA148T.00004.SF.376 W-8BEN-E Nonreporting IGA FFI
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