Trainer Led Program - FATCA & CRS Specialist

The U.S. Foreign Account Tax Compliance Act requires financial institutions (Such as Banks, Brokerage firms, Financial Investment entities, and specified insurance companies) in other countries to report to the IRS information about financial accounts held by U.S. taxpayers.

Non-U.S. financial institutions (known as Foreign Financial Institutions - FFIs) are required to report U.S. persons' account information directly to the IRS or their competent local authority if the country has an Intergovernmental Agreement (IGA) with the IRS.

Vast amounts of money are kept offshore and go untaxed. Offshore tax evasion is a serious global issue. Many countries have sought to protect the integrity of their tax systems and apply regulations similar to the FATCA regulations imposed by the USA for the benefit of their own state to collect information about their taxpayers across the globe. The CRS draws extensively on the intergovernmental approach to implementing FATCA.

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 easily in detail and followed with examples and case studies.

The study guide of 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 an accredited and recognised program compatible with global CPD principles.

The cost of this instructor-led program is £675 / $815USD, and this covers the following:

7*2 virtual sessions, 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. And E-Certificate and verifiable digital badge when you pass the assessment. GCI also offers one exam retake for free.

Timing: Evening London Time.

For inquiries, please feel free to email us at [email protected].