Trainer Led Virtual Program - FATCA & CRS Specialist

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 USD 815, and this covers the following:

8*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.

Enroll 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
• Analyze 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 to be smart in 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

And Much More

Timing: London Time

18th - 21st of March @ 3:00-5:00PM

25th - 27th of March @ 3:00-5:00PM

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