A COMPILATION OF COMPREHSESSIONSENSIVE LEARNING SOLUTIONS, CUSTOMISED TRAINING SESSIONS, SPECIALISED WORKSHOPS AND COACHING
Training Session
TUESDAY
Oct 4, 2022
2:00 PM
To
TUESDAY
Oct 4, 2022
5:30 PM
WHERE ?
Arendt House
41 Avenue John F. Kennedy
L-2082 Luxembourg-Kirchberg
WHO ?
speakers
Nicola
Losito
Lucile
Dos Santos
Objectives
At the end of this training session (complete day), the participants will be able to understand the key concepts and procedures needed to handle on a day-to-day basis the various obligations stemming from the Luxembourg law provisions implementing the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS), with a specific focus on the fund industry.
The training consists of 2 sessions:
- 3,5 hours to go through the theory (with a bit of practice)
- 3,5 hours to go through the practice (with a bit of theory)
Attending both sessions is highly recommend but not mandatory.
Content
CRS and FATCA forms
- Rules* for W-9, W-8BEN and W-8BEN-E forms (*QI excluded)
- Zoom on Reporting Model 1 FFI, Investment Advisor/Manager, Active NFFE and Passive NFFE
- Completion of some examples
CRS and FATCA reports
- Applicable framework
- The FATCA & CRS report components
- Zoom on GIIN and TIN specifications
Production of CRS and FATCA reports (practical cases)
- Identification of a reportable account under FATCA & CRS
- Issuance of a nil report
- Issuance of FATCA & CRS reports
Q&A
Speakers
Nicola Losito (Director, Arendt Regulatory & Consulting)
Lucile Dos Santos (Senior Associate, Tax Law, Arendt & Medernach).
Target Group
People in charge of KYC and Compliance aspects, board members of Luxembourg investment structures, legal officers.
Duration
3, 5 hours
Language
English
Price
550€
(rebate of 150 EUR on total budget if you join also the morning session)
