Progetto

(a) it is incorporated under the laws of the Member State, Switzerland or another

Participating Jurisdiction ;

(b) it has its place of management (including effective management) in the Member State,

Switzerland or another Participating Jurisdiction ; or

(c) it is subject to financial supervision in the Member State, Switzerland or another

Participating Jurisdiction.

Where a Financial Institution (other than a trust) is resident in two or more Participating Jurisdictions (being a Member State, Switzerland or another Participating Jurisdiction), such Financial Institution will be subject to the reporting and due diligence obligations of the Participating Jurisdiction in which it maintains the Financial Account(s).

4. Account maintained

In general, an account would be considered to be maintained by a Financial Institution as follows:

(a) in the case of a Custodial Account, by the Financial Institution that holds custody over

the assets in the account (including a Financial Institution that holds assets in street name for an Account Holder in such institution).

AMP/EU/CH/en 90