The FATCA & CRS Specialist program provides professionals with in-depth knowledge of global tax transparency frameworks, focusing on the U.S. Foreign Account Tax Compliance Act (FATCA) and the OECD’s Common Reporting Standard (CRS). Participants will learn how to implement reporting obligations, manage due diligence, and ensure compliance across financial institutions operating in cross-border markets.
The FATCA & CRS Specialist program is a comprehensive training and certification designed to equip compliance officers, tax advisors, bankers, auditors, and regulators with the skills needed to navigate international tax reporting requirements.
With governments worldwide intensifying efforts to combat tax evasion and promote transparency, financial institutions must comply with FATCA (mandating reporting of U.S. taxpayers’ foreign assets) and CRS (establishing a global standard for automatic exchange of financial account information). This program delivers practical knowledge and actionable strategies to meet these obligations.
Participants will gain expertise in:
Foundations of FATCA & CRS: objectives, key provisions, and regulatory scope.
Due diligence procedures: onboarding requirements, self-certifications, and identifying reportable accounts.
Reporting obligations: preparing, validating, and submitting FATCA/CRS reports to tax authorities.
Operational challenges: data collection, client outreach, remediation, and recordkeeping.
Risk management: identifying non-compliance risks, penalties, and reputational impacts.
Technology & RegTech: leveraging digital tools to streamline reporting and monitoring.
Global perspectives: understanding cross-jurisdictional implementation and variations.
Through case studies and practical exercises, participants will develop the ability to implement compliant systems within financial institutions, mitigate regulatory risks, and support global tax transparency initiatives.
Upon completion, attendees will be recognized as FATCA & CRS Specialists, enhancing their credibility and career prospects in banking, asset management, and financial services.
