Event Information
- Event Type: Training Program
- Delivery Channel: Virtual
- Date: 12/08/2025 - 15/08/2025
- Duration: 14Hours
- Fees: $815.00
Event Description
This program will assist you in understanding FATCA & CRS and how exactly you can implement their requirements, including Registration, Documentation, Due diligence, Implementation and reporting. Everything is explained in detail and followed with examples and case studies.
The study guide for this program is constructed in a very organized manner, utilizing the "Know-How" concept to assist you in exercising the skills you obtain from the program in a very practical way.
We are a leading provider of accredited, certified banking training. This program is accredited, recognised, and compatible with global CPD principles.
The cost of this instructor-led program is USD 815, and this covers the following:
14 virtual training hours, One-year membership, and access to the candidate portal where you can download the program study guide, undertake the practice questions, and schedule your online proctored exam. When you pass the assessment, you will receive an e-certificate and a verifiable digital badge. GCI also offers one exam retake for free.
Enrol today and become a certified FATCA & CRS specialist.
Learning Objectives
Understanding FATCA
- What is FATCA Exactly?
- Purpose of the FATCA regime
- The Scope of the Act
- Non-Compliance Consequences
- Types of FATCA Agreements
- Understand your responsibilities
- FATCA Governance Framework
- Registration and recertification steps.
Understanding CRS
- CRS Background
- Analyse the CRS requirements
- The differences between CRS and FATCA
FATCA and CRS In Practice
- How to Start?
- Who is subject, and who is not?
- Build your database structure.
- Remediate your institutions' pre-existing Accounts.
- Design & change your customer onboarding process and KYC forms.
- Due diligence procedures and reasonableness tests.
- Tax Evasion Practices (Be Aware)
- How to deal with special Cases (Minor Accounts, Joint Accounts, POA, etc.)
- Recalcitrant Accounts and how to act
Documentation
- How can you be smart when collecting data (Don’t panic)?
- IRS FATCA forms and CRS Self-Certification
- How to verify (Avoid Report Rejection)
- How to Detect Indicia and how to act
- Examples and case studies
Reporting
- Who is subject to FATCA & CRS reporting, and who is not
- Types of Reports
- Timeline and Thresholds
- What to report
- Examples and cases
When: August 12-15, 10:00-13:30 (UTC+1)
For inquiries, please feel free to email us at [email protected].
Expert Trainer
Samuel Kiragu
Accountant and Regulatory Compliance Professional
Samuel Kiragu is an accountant and regulatory compliance expert with experience in leading accounting firms and banks across Kenya, the Cayman Islands, and Canada. Based in Canada, he consults on FATCA and CRS for African financial institutions, teaches at a Canadian business school, and serves as a visiting professor at the University College of the Cayman Islands. He holds an MBA from the University of Liverpool and is a certified FATCA/CRS Specialist (GCI), CAMS, and CGSS, as well as a corporate trainer for financial institutions and law enforcement in Canada and Eastern Africa.