ATTACHMENT FOR ESTONIA
1. QI is subject to the following laws and regulations of Estonia governing the
requirements of QI to obtain documentation confirming the identity of QI’s account
holders.
(i) Money Laundering Prevention Act
(ii) Credit Institutions Act, §17, 63 and 89
(iii) Regulation No. 20 of the President of the Bank of Estonia of 9 July 1999 “The
Procedure for Implementation of Internal Security Measures in Credit Institutions
for Prevention of Money Laundering, and of the List of Suspicious and Unusual
Transactions.”
(iv) Estonian Central Register of Securities Act, § 5 and 6
2. QI represents that the laws identified above are enforced by the following
enforcement bodies and QI shall provide the IRS with an English translation of any
reports or other documentation issued by these enforcement bodies that are relevant to
QI’s functions as a qualified intermediary.
(i) Financial Supervision Authority
(ii) Financial Intelligence Unit
3. QI represents that the following penalties apply to failure to obtain, maintain, and
evaluate documentation obtained under the laws and regulations identified in item 1
above.
(i) Criminal Code, §148/8: fine or imprisonment of up to 2 years with or without
the deprivation of the right of employment in a particular position or operation in a
particular area of activity
(ii) Code of Administrative Offences, §137/7: fine of 100 up to 200 fine units
(iii) Credit Institutions Act, §17: loss of operating authorization
4. QI shall use the following documentary evidence (and also any specific
documentation added by an amendment to this item 4 as agreed to by the IRS) to
comply with section 5 of this Agreement, provided that the following specific
documentary evidence satisfies the requirements of the laws and regulations identified
in item 1 above. In a case of foreign person, QI may, in accordance with section 5 of
this Agreement, instead use a Form W-8. Either QI, or a banking association in Estonia,
may request an amendment of this item 4.
(i) For natural persons:
(a) Passport