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CRS & FATCA Compliance & Reporting



For 3 registrations from the same entity, a standard 10% discount will apply. For over 4 registrations please contact us.


Start
April 16, 2021 4:30 pm
Address
Live Online   View map
Phone
+357-22274470
Email
CPD Units
5
Duration
5 hrs
Fees
€180 + VAT

Schedule

Friday 16/04/2021 - 16:30-19:15

Wednesday 21/04/2021 - 16:30-19:15

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Description

Event Details

 

The EIMF Live Online Learning Experience

 

EIMF subject-matter experts deliver engaging and interactive courses across a broad spectrum of areas, that can be enjoyed in the comfort of your own chosen environment. Read more

 

 

Course Overview

 

The Common Reporting Standard (CRS) is an effort led by the Organization of Economic Cooperation and Development (OECD) and aims to combat tax evasion by imposing mutual reporting obligations among participating countries. A large number of countries have signed the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Information, Cyprus being one of them. Practically speaking, reportable entities in one jurisdiction will need to identify and report foreign individuals and entities accounts holders, provided that the country where account holder has his tax residence participates in CRS.

 

The Foreign Account Tax Compliance Act (FATCA) is focused on strengthening information reporting and withholding compliance with respect to US persons who invest directly or indirectly through the ownership of foreign interests. To achieve its purposes, FATCA dictates non-US Financial Institutions to identify accounts falling under the FATCA scope and report certain details on these accounts to the US Authorities.

 

 

Training Objectives

 

  • Understand the scope and impact of CRS reporting
  • Differences and similarities between different reporting standards
  • Learn about customer identification and classification
  • Learn the best practices in complying with AEI / CRS
  • Implementation of the CRS framework
  • The best reporting practices
  • Data Standards and Importance of Reference Data
  • Implementation challenges and key success factors

 

 

Speaker
Alex Kartalis

Since 2013 Alexios Kartalis has been the General Manager of GMM Global Money Managers Ltd, a mutual funds (UCITS) and alternative investments (AIF) management company. Prior to his appointment to GMM, Alexios was the General Manager of BNP Paribas Securities Services in Athens for 9 years where he previously served as Head of Operations for 6 years. Alexios also worked in the Securities Department for Citibank Athens.

Having a 24+ years of industry practice, Alexios frequently delivers business trainings in the subjects of AML, CRS & FATCA, Fund Administration and Custody. Furthermore, he has also been an academic instructor of Finance for the New York College.

Alexios received his European MBA in Finance from ESCEM School of Business Management, his Bachelor’s degree in Statistics from Athens University of Economics and Business and is certified as a Hellenic Exchanges Derivatives Clearer, Advanced Licence holder from CySEC and an HRDA trainer.
See all courses by Alex Kartalis