About the CPD course
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 the 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. This program will help you understand FATCA & CRS and how exactly to implement their requirements;including Registration; Documentation; Due diligence; Implementation and reporting.
Send an enquiry
Global Compliance Institute
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.
Want to learn more?
More CPD courses by Global Compliance Institute
Business
Anti-Money Laundering Specialist (AMLS)
Global Compliance Institute
This program will help you discover the international standards and best practices in fighting finan...
Training Course
Business
Regulatory Compliance Specialist (RCS)
Global Compliance Institute
Our study guide teaches the scope of compliance with regulator instructions according to the laws an...
Training Course
Business
Sanctions Compliance Specialist (SCS)
Global Compliance Institute
Gain the latest practical knowledge of Global Sanctions Compliance and enhance the level of protecti...
Training Course
Get industry-related content straight to your inbox
Thank you for subscribing
By signing up to our site you are agreeing to our privacy policy