Understanding FATCA regulations and compliance requirements

FATCA governance framework implementation

FATCA registration and recertification processes

Analyzing FATCA scope and applicability

Identifying non-compliance consequences and mitigation strategies

Understanding CRS regulations and compliance framework

Comparing CRS and FATCA requirements

Implementing FATCA and CRS compliance in financial institutions

Customer due diligence and KYC enhancements for FATCA/CRS

Data management and database structuring for FATCA/CRS compliance

Remediating pre-existing accounts under FATCA/CRS guidelines

Designing and updating customer onboarding and self-certification processes

Conducting due diligence procedures and reasonableness tests

Identifying and addressing tax evasion risks

Handling special cases such as minor accounts, joint accounts, and POAs

Managing recalcitrant accounts and regulatory response strategies

Efficient documentation collection and validation techniques

Utilizing IRS FATCA forms and CRS self-certification processes

Detecting FATCA/CRS indicia and implementing corrective actions

Preparing and verifying FATCA & CRS reports to avoid rejections

Understanding FATCA & CRS reporting thresholds and timelines

Analyzing reporting requirements and applicable exemptions

Preparing accurate FATCA/CRS reports with case study applications