PRESS RELEASE
25 August 2022

FATCA / CRS - Practice (With A Bit Of Theory) - Afternoon Session

AM
Arendt & Medernach

Contributor

About Arendt

Arendt combines the entire value chain of services dedicated to Asset Managers, Banks, Insurers, Public Institutions and Private Clients operating in Luxembourg.

-Legal & Tax
-Regulatory & Consulting
-Investor Services

Legal & Tax

We assist clients in structuring and running their business from a legal and tax standpoint across Luxembourg. Our teams directly serve international clients or work in close collaboration with foreign partner law firms.

Together with our regulatory consultants and investor services experts, we bridge the gap between legal/tax advice and its implementation. We deliver best-in-class services along our clients’ business life cycles.

The 450 legal experts of Arendt & Medernach have a wealth of experience in a wide variety of specialisations. Together, they are able to advise on a complete range of 15 complementary practice areas

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...
Luxembourg

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

Book_

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)

Contributor

About Arendt

Arendt combines the entire value chain of services dedicated to Asset Managers, Banks, Insurers, Public Institutions and Private Clients operating in Luxembourg.

-Legal & Tax
-Regulatory & Consulting
-Investor Services

Legal & Tax

We assist clients in structuring and running their business from a legal and tax standpoint across Luxembourg. Our teams directly serve international clients or work in close collaboration with foreign partner law firms.

Together with our regulatory consultants and investor services experts, we bridge the gap between legal/tax advice and its implementation. We deliver best-in-class services along our clients’ business life cycles.

The 450 legal experts of Arendt & Medernach have a wealth of experience in a wide variety of specialisations. Together, they are able to advise on a complete range of 15 complementary practice areas

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