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
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.
FATCA and CRS In Practice
Who Should Attend
The programme is also ideal for all those who aim to obtain their CPD training, as required by CySEC, CyBAR, and the ICPAC.
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.
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.
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.
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. Click here to learn more.
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.
€292.00 – €530.00The above fee is subject to 19% VAT
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Day 1: June 27, 2022 | 09:00-12:45
Day 2: June 28, 2022 | 09:00-12:45
Day 3: June 29, 2022 | 09:00-12:45
Day 4: June 30, 2022 | 09:00-12:45
Start time: 09:00 EEST
End time: 12:45 EEST
Venue: Live Online
Coordinates: 14 | Duration: 14 hrs
Directions: <a href="https://eimf.eu/event-organizer/demetris-savvides/">Demetris Savvides (view the trainer's bio here)</a>
Phone: +357 22274470
Email: [email protected]