[super256]

Sorry, I missed “US” in this sentence. It should say:

  Investment accounts and custodial accounts (of individuals and entities), even when they are a resident in the FACTA partner country. This is true, as long as the custody account doesn't have \*US\* income flows (eg dividends or interests).

To be clear: US custody accounts of individuals and entities, which are not US taxpayers, but receive US income, are subject to FACTA data exchange.

But, if you don't have the before mentioned US income to your account, you are exempted from data sharing.