Global Compliance Institute (GCI) -FATCA & CRS Specialist

- Χρηματοοικ. Ασφαλιστικά Τραπεζικά - Λογιστικά/ Έλεγχος/ Φορολογικά - Νομοθεσία, Νομική & Δικηγόροι

29 Νοε 2022 09:00 06 Δεκ 2022 14:00
Αγγλικά
14 ώρες ( 3 μέρες )
Global Compliance Institute (GCI) -FATCA & CRS Specialist

ΠΕΡΙΓΡΑΦΗ

Global Compliance Institute (GCI) is an International Financial Crime Prevention and Compliance Training Institute.

We help you build the practical skills you need to keep up with all the latest industry and technological developments in the ever-evolving compliance arena. 

The aim of this programme is to analyse the two main regulations currently in place regarding the United States’ Foreign Account Tax Compliance Act as an automatic exchange of financial account information for tax purposes, as well as the impact of its provisions on financial institutions.  

The FATCA´s legal framework is presently global transparency initiatives that require Foreign Financial Institutions to automatically report financial account information of specific account holders that are subject to reporting, as per the content of the regulations. Financial Institutions are instructed to implement exhaustive due diligence measures intending to hinder any attempt by account holders to bypass the reporting. The FATCA obligations are therefore an expansion of the pre-existing know-your-customer (KYC) requirements that Financial Institutions have to fulfil, mainly due to the added need for constant monitoring and reviewing of account holders’ information and accounts, whereas KYC processes often simply follow a model of periodic reviews based on clients’ risk-rating.  

This programme focuses on identification of legal obligations for Financial Institutions regarding the U.S. law commonly referred as FATCA. This programme describes the FATCA´s legal framework following with the description of the legal obligations and their weak spots. In the practical part of the programme, the acquired knowledge is used on resolving practical case studies.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

  • To Identify the development stages of the automatic information exchange regulation system
  • To Understand and analyse the FATCA reporting regulations and to assess their impact on financial institutions.
  • To discuss the reporting obligation of Financial Institution regarding the financial accounts with emphasis on the different categories of accounts combined and their concomitant reporting procedures.
  • To Understand and analyse the withholdable payments, sanction regime for the non-compliance with the reporting obligations set in the U.S. Internal Revenue Code.
  • To discuss the reporting obligation of Financial Institution regarding the U.S. source payments.
  • To discuss the reporting obligation of Financial Institution in connection with their internal relationship with clients and potential changes related to GDPR, the new regulation of the data protection.
  • To Understand and analyse the practical aspects for applying the acquired theoretical knowledge on legal obligations against a number of case studies.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

  • Employees and executives of financial entities (such as banks, CIFs, Investment Managers, etc)
  • Lawyers and legal professionals
  • Accountants
  • Compliance professionals
  • Operations Managers and Teams
  • Risk professionals
  • Tax Professionals

The programme is also ideal for all those who aim to obtain their CPD training, as required by CySEC, CyBAR, and the ICPAC.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Training Outline

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

Understanding CRS

  • CRS Background
  • Analyze the CRS requirements and the difference between it and FATCA

FATCA and CRS In Practice

  • How to Start?
  • Who is Subject and who is not?
  • Build your database structure
  • The 4 Projects (Preexisting)
  • New Customers
  • Tax Evasion Practices (Be Aware)
  • How to deal with special Cases (Minor Accounts,Joint Account, POA, etc.)s
  • Recalcitrants and what to do
  • Withholdable payments

Documentation

  • How to be smart in collecting data (Don’t Panic)?
  • How to review Customer self-certification (IRS FATCA forms)
  • How to verify (Avoid Report Rejection)
  • How to Detect and What to Change

Reporting

  • Whos is subject to reporting and who is not?
  • Types of Reports
  • Timeline and Thresholds
  • What to report (IRS XML Schema)
  • Special Cases and how to report)


Industry Expert | Demetris Savvides 

Demetris Savvides holds degrees in law, management and criminology and has been a lecturer in for more than nine years in the field of business law and management having taught numerous courses in business, corporate, taxation, GDPR and criminology, with an extensive record in academic publications in internationally renowned business journals. In addition, Demetris Savvides is an experienced corporate lawyer helping hundreds of companies in their normal functioning, engaging in transactional and legal advisory including advisory relating to day-to-day business regulatory issues, GDPR implementation matters, and corporate tax planning. Tending to clients, both domestic and international, Demetris Savvides has gained vast experience in dealing with business matters right from inception and catering to the regular corporate and compliance needs for successful functioning to empowering companies to scale to their potential. Demetris Savvides has had a notable track record of advising clients in corporate transactions that are vital for their business. His overall commercial corporate experience has both the in-depth knowledge of business laws and corporate finance as well as the practical advantage of for providing all-round service to the companies, which encompasses corporate commercial and tax structuring of a business whether domestic or through foreign investment, process incorporation via sustainable models which optimize the needs of the business, day to day compliance process for smooth functioning, ensure optimum use and action of corporate finance, as well as strategizing takeovers or winding up at appropriate junctures.


Training Style

The programme is designed to deliver knowledge and enhance participants’ skills via short lectures, case-studies, practical examples, real-life simulations. Most of the training will focus in assessing participants’ current strengths and weaknesses via formal assessment tools. Participants will also benefit from customised feedback at the end of the programme and take away the knowledge gained to be transferred at their workplace. Most of the training’s time will be invested in analysing a real-life case study that will help participants understand how to solve problems in similar occasions.  Participants will engage in exchange of ideas and sharing of knowledge on the subject matter.  Participants will also be able to ask questions and obtain clarifications from the trainer on all the material covered.

CPD Recognition

This programme may be approved for up to 14 CPD units in Accounting and Auditing. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership. 

The course fee includes the Membership and the Examination fee.

Membership: All GCI Candidates will have 1-year membership for free once they purchase a certification package, and three years for the Golden Award Certificate. Click here to learn more.


Examination Process. 

Exam Duration: 60 Minutes

Number of Questions: 50

Type of Question: Multiple Choice

Pass Mark: 75/100

The result appears directly, once you submit your answers.

The certificate will be issued instantly, and sent to your email address You can ask GCI to send it to your employer, through your membership area at any time.


Candidates have two options, when taking the exam:

Option 1: Self-Study. Take the online proctored exam at home

GCI’s examination process is set to the highest standards, allowing the candidate to easily register and receive their certificate Study Guide (e-book) in their selected language. Once the candidate feels ready, they can schedule the exam according to their availability. Then, GCI will provide the candidate with a token allowing them to access the exam at the scheduled date and time.


Option 2: Get the help of an accredited Training and Testing Centre

Candidates can choose the nearest GCI test centre through our website and visit it to receive help, whether by attending a class training program, taking the assessment at their facility, or both.

Αναλυτικό Κόστος Σεμιναρίου

Για Δικαιούχους ΑνΑΔ

  • € 530.00
  • € 238.00
  • € 100.70
  • € 292.00

Για μη-Δικαιούχους ΑνΑΔ

  • € 530.00
  • € 0.00
  • € 100.70
  • € 530.00
ΠΡΟΓΡΑΜΜΑ ΣΕΜΙΝΑΡΙΟΥ

Τρίτη - 29 Νοε 2022

Ώρα

09:00 - 15:00

Τοποθεσία:

OnLine Virtual Classroom

Πέμπτη - 01 Δεκ 2022

Ώρα

09:00 - 14:00

Τοποθεσία:

OnLine Virtual Classroom

Τρίτη - 06 Δεκ 2022

Ώρα

09:00 - 14:00

Τοποθεσία:

OnLine Virtual Classroom

Εκδήλωση Ενδιαφέροντος : Global Compliance Institute (GCI) -FATCA & CRS Specialist

Σεμινάρια στην ίδια κατηγορία από τον ίδιο διοργανωτή
Global Compliance Institute (GCI) -FATCA & CRS Specialist...

Global Compliance Institute (GCI) is an International Financial Crime Prevention and Compliance Training Institute.We help you build the practical skills you ne...

29/11/2022 09:00

14 ώρες (3 μέρες)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

Loan Documentation and Master Agreement...

This intensive course will cover all aspects of a loan transaction, concentrating particularly on the agreement itself and on the legal implications of a proper...

29/11/2022 10:00

14 ώρες (4 μέρες)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

How To Set Up An Anti-bribery And Corruption Program...

During this training we will discuss the definition of bribery and corruption and the most relevant anti-bribery and corruption laws. We will take a look at a c...

29/11/2022 11:00

5 ώρες (2 μέρες)

Αγγλικά

Live Online

GDPR Legal Requirements, Updates and Implementation...

All businesses use personal data gathered from customers, suppliers and colleagues in some way or another. It is in the interest of our companies and organisati...

29/11/2022 15:00

5 ώρες (2 μέρες)

Αγγλικά

Live Online

Digital Currency, Compliance & Risk: The 5th AML Directive...

Cryptocurrencies and Blockchain Technology are becoming popular topics to explore, due to the way they are set to refine and revolutionize the world of business...

05/12/2022 09:00

14 ώρες (4 μέρες)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

AML/CTF & KYC: The Management of High-Risk Clients...

There is no business endeavour without taking risks.  So, this does not pose a question about not taking risks, but about which risks are worth taking and which...

06/12/2022 10:00

5 ώρες (1 ημέρα)

Αγγλικά

Live Online

How To Conduct Third Party Due Diligence...

Conducting third party due diligence is by far the most important anti-corruption control, and there are some important differences compared to conducting custo...

06/12/2022 11:00

5 ώρες (2 μέρες)

Αγγλικά

Live Online

Regulatory Compliance Framework...

Compliance Function is developing in one of the most important functions for the banks, as well as for the financial and insurance institutions, as demonstrated...

14/12/2022 17:00

10 ώρες (4 μέρες)

Αγγλικά

Επιχορηγημένο-ΑνΑΔ

Live Online

Major Incidents Reporting Under PSD2...

Requirements around the operations of Payment and Electronic Money Institutions is becoming tighter as regulation is evolving to adopt to the continuing enhance...

15/12/2022 15:00

4 ώρες (1 ημέρα)

Αγγλικά

Live Online

Free Webinar: The Challenges of KYC/CDD...

Regulated entities around the world are required to implement strong AML measures to prevent the misuse of their products and services by criminals who are look...

15/12/2022 16:00

1 ώρες (1 ημέρα)

Αγγλικά

Live Online

ACCA – Strategic Business Leader (SBL – INT) – COMPULSORY...

The Strategic Business Leader subject is designed to mirror the workplace and requires you to demonstrate a blend of technical, ethical, and professional skills...

31/01/2023 19:24

Αγγλικά

eLearning

Practical Aspects of the Compliance Function...

DescriptionThis course offers a practical review of the compliance function. It addresses the roles, responsibilities and mission of the compliance officer, the...

31/01/2023 19:24

Αγγλικά

eLearning

AAT – Management Accounting: Decision and Control...

This unit is one of the mandatory Professional level units. It takes students from Advanced level costing principles and prepares them to be valuable members of...

31/01/2023 19:24

Αγγλικά

eLearning

AAT – Financial Statements of Limited Companies...

This unit is concerned with the drafting, analysis and interpretation of financial statements of limited companies. This builds on the Foundation and Advanced l...

31/01/2023 19:24

Αγγλικά

eLearning

ACCA – Advanced Audit and Assurance (AAA) – OPTIONAL...

The Advanced Audit and Assurance exam is designed to reflect the challenges auditors will face in their professional life. You will be required to analyse, eval...

31/01/2023 19:24

Αγγλικά

eLearning

GDPR General Data Protection Regulation Staff Awareness...

DescriptionThis course examines GDPR from a Staff Awareness perspective. You will appreciate the need, scope and concepts of GDPR as well as learn about the pri...

31/01/2023 19:24

Ελληνικά

eLearning

ACCA – Advanced Taxation (ATX) – OPTIONAL...

The Advanced Taxation subject is designed to reflect the need to exercise professional judgement and provide relevant information and advice to individuals and ...

31/01/2023 19:24

Αγγλικά

eLearning

ACCA – Corporate and business law (GLO) (LW)...

This subject helps you develop knowledge and skills in the understanding of the general legal framework within which international business takes place, and of ...

31/01/2023 19:24

Αγγλικά

eLearning

AAT – Management Accounting: Budgeting...

This unit is about the use of budgeting for planning, coordinating and authorising the activities of an organisation and for controlling costs. The unit provide...

31/01/2023 19:24

Αγγλικά

eLearning

ACCA – Performance Management (PM)...

This subject helps you develop knowledge and skills in the application of management accounting techniques to quantitative and qualitative information for plann...

31/01/2023 19:24

Αγγλικά

eLearning

AAT – Professional Diploma in Accounting...

The AAT is the UK’s leading Accountancy body offering entry level qualifications. The AAT is open to all, regardless of age or experience there is a place that ...

31/01/2023 19:24

Αγγλικά

eLearning

AGRC Certificate in Compliance...

Faced with increasingly regulated environment, this programme offers insight into good compliance practices and the skills to lead effective compliance programm...

31/01/2023 19:24

Αγγλικά

eLearning

ACCA – Strategic Business Reporting (SBR – INT) – COMPULSORY...

The Strategic Business Reporting (SBR) subject requires you to demonstrate your ability to make strategic business reporting decisions. Building on your existin...

31/01/2023 19:24

Αγγλικά

eLearning

ACCA – Business and Technology...

The Business and Technology (BT) syllabus introduces you to the business environment. The syllabus begins with examining the purpose and types of business which...

31/01/2023 19:24

Αγγλικά

eLearning

Financial Promotion and Marketing Compliance...

DescriptionThis course examines the role of the regulatory framework and competent authorities in countries such as the UK, Malta, the US, Cyprus and Germany, f...

31/01/2023 19:24

Αγγλικά

eLearning

Anti-Money Laundering and Terrorism Financing Fundamentals...

DescriptionThis course offers a basic overview of the Money Laundering and Terrorism Financing. It addresses the macroeconomic consequences of unchecked money l...

31/01/2023 19:24

Αγγλικά

eLearning

AAT – Credit Management...

The AAT is the UK’s leading Accountancy body offering entry level qualifications. The AAT is open to all, regardless of age or experience there is a place that ...

31/01/2023 19:24

Αγγλικά

eLearning

Sales Compliance and Techniques for Investment Firms (5 CPD Units)...

DESCRIPTIONThis course aims, is to assist professionals in investment firms, in particularly those whose primary function is within the Sales, customer retentio...

31/01/2023 19:24

Αγγλικά

eLearning

ACCA – Advanced Financial Management (AFM) – OPTIONAL...

The Advanced Financial Management subject is designed to replicate the role of a senior financial executive or advisor and prepares candidates to advise managem...

31/01/2023 19:24

Αγγλικά

eLearning

AAT – Business Tax...

This unit introduces the student to UK taxation relevant to businesses.In learning how to prepare tax computations, students will gain skills in the tax treatme...

31/01/2023 19:24

Αγγλικά

eLearning

AAT – Personal Tax...

This unit is about the key aspects of taxation that affect UK taxpayers. It covers income tax, National Insurance (NI), capital gains tax and inheritance tax. S...

31/01/2023 19:24

Αγγλικά

eLearning

AAT – Professional Synoptic...

Our courses cover all the required learning and preparation for both ‘Accounting Systems and Controls’ and the Synoptic assessment. Students will undertake an e...

31/01/2023 19:24

Αγγλικά

eLearning

ACCA – Advanced Performance Management (APM) – OPTIONAL...

The Advanced Performance Management subject is designed to reflect the strategic role of management accounting as a discipline for planning and controlling perf...

31/01/2023 19:24

Αγγλικά

eLearning

ACCA – Audit and Assurance (AA)...

The Audit and Assurance syllabus is essentially divided into five areas. The syllabus starts with the nature, purpose and scope of assurance engagements, includ...

31/01/2023 19:24

Αγγλικά

eLearning

ACCA – Financial Accounting (FA)...

The Financial Accounting (FA) subject introduces you to the fundamentals of the regulatory framework relating to accounts preparation and to the qualitative cha...

31/01/2023 19:24

Αγγλικά

eLearning

ACCA – Financial Management (FM)...

This subject helps you develop the knowledge and skills expected of a finance manager, in relation to investment, financing, and dividend policy decisions. The ...

31/01/2023 19:24

Αγγλικά

eLearning

ACCA – Financial Reporting (FR)...

This subject helps you develop knowledge and skills in understanding and applying IFRS Standards and the theoretical framework in the preparation of financial s...

31/01/2023 19:24

Αγγλικά

eLearning

ACCA – Management Accounting (MA)...

The Management Accounting (MA) subject introduces you to elements of management accounting which are used to make and support decisions. The syllabus starts by ...

31/01/2023 19:24

Αγγλικά

eLearning

ACCA – Taxation (TX-UK)...

This subject helps you develop knowledge and skills relating to the tax system as applicable to individuals, single companies, and groups of companies.The sylla...

31/01/2023 19:24

Αγγλικά

eLearning

AIF and AIFM...

DescriptionThis course offers a comprehensive introduction to Alternative Investment Funds (AIF) and to Alternative Investment Fund Managers (AIFM) It addresses...

31/01/2023 19:24

Αγγλικά

eLearning

Ethics and Compliance...

DescriptionThis course will help you to increase your personal ethics and explore your obligations to act with integrity in all aspects of your work and profess...

31/01/2023 19:24

Αγγλικά

eLearning

Anti-Bribery and Anti-Corruption...

DescriptionThis course offers a comprehensive review to bribery and corruption, and the effects of both. It addresses the forms of bribery, provides statistics ...

31/01/2023 19:24

Αγγλικά

eLearning