The Canada Revenue Agency (CRA) will shortly begin on-site audits of financial institutions (such as banks, credit unions, investment funds, dealers, custodial institutions, etc.) for purposes of assessing their compliance with the following:

  • The Foreign Account Tax Compliance Act as implemented in Canada by the Canada-United States Enhanced Tax Information Exchange Agreement and Part XVIII of the Income Tax Act ("FATCA"); and
  • The Organization for Economic Co-operation and Development's Common Reporting Standard as implemented in Canada by Part XIX of the Income Tax Act ("CRS")

This BLG webinar will discuss what financial institutions may expect with regards to FATCA and CRS audits, as well as the steps that financial institutions should take to best prepare themselves for these upcoming CRA audits.

Event details

Tuesday, April 4, 2023

12:00 pm – 1:00 pm ET


Connection details and links will be provided after you register

Please respond by April 3


CPD information

BC | This course has been accredited for 1.0 hour. Course name: Upcoming CRA Audits on FATCA & CRS Compliance. Course number: N01032023.

ON | This program is eligible for 1.0 Substantive Hours.