FATCA and the CRS

• 30 Minutes
• For all staff
• UK

The Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS) impose tax reporting obligations on financial institutions, making accurate customer identification and due diligence essential. A missed indicator during customer onboarding can become a reporting failure that surfaces months or years later. Financial institutions may face penalties, withholding consequences and costly remediation when account information is incomplete or inaccurate. Our in-depth FATCA and CRS Compliance Course explains the purpose and key requirements of both regimes, helping staff identify reportable accounts, recognise relevant indicators and apply the due diligence procedures needed to document customer information correctly.

Equip your teams to meet international tax reporting requirements and avoid preventable compliance failures. This practical FATCA and CRS compliance training course gives client onboarding and relationship teams the knowledge to recognise potential reporting obligations early, maintain accurate records and apply checks consistently. Get the process right from the start instead of paying to correct gaps after the event.