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However, lawyers for Mr Kolber and Mr Bronfman told the ICIJ that "non-interest bearing loans by a US person do not violate US law.
"As a matter of policy, certain privacy safeguards afforded for signals intelligence containing US person information will be extended to non-US persons, where consistent with national security," Cole said.
A non-US person is any person that is not a US person.
Specifically, they would define a "Foreign Consolidated Subsidiary" as a non-US person that is consolidated for accounting purposes (under US Generally Accepted Accounting Principles) with an ultimate parent entity that is a US person.
Officials say that Prism cannot be used to "intentionally target any US citizen, any other US person, or anyone located within the United States".
"It cannot be used to intentionally target any US citizen, any other US person, or anyone located within the United States," he added.
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The type of documentation will differ depending on whether you are a US or non-US person and your US tax classification (i.e. individual, corporation or partnership).
All swap positions that are subject to recourse would be attributed to a guarantor (whether a US or a non-US person) unless the guarantor, the guaranteed entity, and its counterparty are Other Non-US Persons.
A Non-US Person that is not an FCS would count all swap dealing transactions in which it is a US-Guaranteed Entity (i.e., its obligations under the swap are guaranteed by a US Person).
"He's a me-I-my person, and I'm a we-our-us person," the incoming mayor said of the outgoing mayor.
A Non-US Person (other than an FCS) would include all swap positions with respect to which it is a US Guaranteed entity.
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