Definition:
An FFI may only be treated as an owner documented FFI with respect to payments received from and accounts held with a designated withholding agent (or with respect to payments received from and accounts held with another FFI that is also treated as an owner-documented FFI by such designated withholding agent). A designated withholding agent is a U.S. financial institution, participating FFI, or reporting Model 1 FFI that agrees to undertake the additional due diligence and reporting required in order to treat the FFI as an ownerdocumented FFI. An FFI meeting the requirements will only be treated as a deemed-compliant FFI with respect to a payment or account for which it does not act as an intermediary. See Page 195