I am an FI that recently had my FATCA registration status changed from approved to Registration Incomplete because the FFI agreement was not renewed. What should I do to correct my registration and return to approved status on the FATCA FFI List

To correct your registration and return to approved status on the FATCA FFI List, you need to follow these steps:

1. Log on to the FATCA FFI Registration System: Access your FATCA account through the FATCA registration website.
2. Verify and Update Registration Information: Review your registration details for any errors or missing information. Ensure that all required fields are complete and accurate.
3. Resubmit the Registration: After verifying and updating your information, you must resubmit your registration. This involves agreeing to the new FFI agreement.
4. Agree to the New FFI Agreement: Ensure that you agree to the terms of the new FFI agreement as part of the resubmission process.

By following these steps, your registration will be processed, and you can return to approved status on the FATCA FFI List.

Sources:
Rev. Proc. 2017-16
Notice 2014-33
Publication 5118 (07/2021)
Notice 2013-43