Trusts, the CDB, FATCA and the CRS
In poche parole
CBD, FATCA and CRS are interdependent and influence each other. This succinct course addresses their interaction in the context of a trust.
The introduction contains an overview and presents the potential categories for trusts under FATCA and CRS. QI regulations are also considered.
The course goes on to explain the legal basis for the interaction between CDB, FATCA and CRS, the common principles between FATCA and CRS and the concept of ‘controlling persons’.
On this basis and following the structure of Form T, it details the documentation obligations for trustees, settlors, protectors and beneficiaries in relation to CDB, FATCA and CRS.
The course ends with a discussion of not-for-profit trusts, ‘underlying companies’ and compliance.undefined
Durata della certificazione SAQ riconosciuta: 70 Minuten min