EVENT:
DUBAI, MONDAY 9 APRIL 2018, SOFITEL DOWNTOWN DUBAI HOTEL
The key concepts of the Common Reporting Standard (CRS) for Automatic Exchange of Information explained through real life examples.
AGENDA
The CRS legislative framework
Participating Jurisdictions, Reportable Jurisdictions and Non-Participating Jurisdictions
Reporting Financial Institutions
Reportable Accounts
The due diligence process
The CRS classifications system explained, including:
Non-Reporting Financial Institutions
Nil Reporting Financial Institutions
Exempt accounts
Active NFEs
Passive NFEs
CRS Investment Entity Financial Institution criteria explained, with reference to:
Company
Limited Partnership
Unit Trust
Ordinary Beneficiary Trust
The difference between an “Account Holder” and a “Controlling Person” applied to
Company
Partnership
Trust
Double and Multiple Reporting of Account Holders under the CRS.
Anti-Avoidance and (Proposed) Mandatory Disclosure Rules
Future Developments - US FATCA
“CRS Expert” enterprise application software demonstrated and explained.