{"Term":"Wider approach to reporting","Definition":"\u003cp\u003eAn optional reporting approach a reporting New Zealand financial institution can use to report accounts it has identified as being held and/or controlled by relevant foreign tax residents, even if those people are not in reportable jurisdictions. \u003c/p\u003e\n\u003cp\u003eIf this approach is used, we work out what information needs to be shared with reportable jurisdictions.\u003c/p\u003e","TeReoTerm":"","TeReoDefinition":""}