There are different types of fish farms that utilize different aquiculture methods. The first method is the cage system which use cages that are placed in lakes, ponds and oceans that contain the fish. This method is also widely referred to as off-shore cultivation.
FFI is the abbreviation for foreign financial institution. It refers to a non-US financial institution. The FATCA legislation contains an extensive definition of FFI and includes entities such as banks, custodian institutions, investment funds and certain types of insurance companies.
Personally Identifiable Information (PII). The term âPII,â as defined in OMB Memorandum M-07-1616 refers to information that can be used to distinguish or trace an individualâs identity, either alone or when combined with other personal or identifying information that is linked or linkable to a specific individual.