Training Session

Tuesday
Apr 20, 2021
9:00 AM

To

Tuesday
Apr 20, 2021
1:00 PM
Where ?
N/A
This is an online training

Objectives

This training session aims at explaining to participants (i) the provisions of the Hiring Incentives to Restore Employment (HIRE) Act of 18 March 2010 commonly referred to as the Foreign Account Tax Compliance Act (“FATCA”), as implemented by the Luxembourg law of 24 July 2014, and (ii) the provisions of the Common Reporting Standard (“CRS”) as implemented by the Luxembourg Law of 18 December 2015 on the CRS.

Content

Theory (with a bit of practice)

FATCA
- History and Background
- Practical implications - Luxembourg context
- Due diligence rules, timelines
- Definitions and classifications
- Reporting

CRS
- History and Background
- Practical implications - Luxembourg context
- Due diligence rules, timelines
- Definitions and classifications
- Reporting

Practical cases
- Choosing the right status for your entities
- Exercise: FFI or NFFE?
- Exercise: classify PE/RE structures

Q&A

Speakers

​Nicola Losito (Senior Manager, Arendt Regulatory & Consulting),
Lucile Dos Santos (Associate, Tax Law, Arendt & Medernach).

Target Group

​People in charge of KYC and Compliance aspects, board members of Luxembourg investment structures, legal officers.

Duration

4 hours including a 30-minute break.

Language

English

Price

€500

A discount of 50 EUR applies if you register to the “Practice” session on Thursday 22/04.

Point of attention

This module is part 1 of 2 of the “Boost your FATCA and CRS knowledge” training series. Attendance to the complete series: Theory and Practice is possible but not mandatory. Module 2: Practice is delivered on 22.04.  Please click here to view its full description.

 

For any information, please contact us by e-mail institute@arendt.com

Related Content

Lucile Dos Santos
Associate

Nicola Losito
Senior Manager

Regulatory Consulting

Arendt Regulatory & Consulting SA

41A, Avenue JF Kennedy L-2082 Luxembourg infoarc@arendt.com

T (352) 26 09 10 1
F (352) 26 09 10 7750