Skip to main content
Understanding FATCA Regulations for International Financial Compliance

Understanding FATCA Regulations for International Financial Compliance

$199.00
When you get access:
Course access is prepared after purchase and delivered via email
How you learn:
Self-paced • Lifetime updates
Your guarantee:
30-day money-back guarantee — no questions asked
Who trusts this:
Trusted by professionals in 160+ countries
Toolkit Included:
Includes a practical, ready-to-use toolkit with implementation templates, worksheets, checklists, and decision-support materials so you can apply what you learn immediately - no additional setup required.
Adding to cart… The item has been added

Understanding FATCA Regulations for International Financial Compliance



Course Overview

This comprehensive course provides a detailed understanding of the Foreign Account Tax Compliance Act (FATCA) regulations and their implications for international financial compliance. Participants will gain a thorough knowledge of the FATCA framework, its requirements, and the best practices for implementation.



Course Objectives

  • Understand the FATCA regulations and their impact on international financial institutions
  • Learn how to identify and report on reportable accounts
  • Understand the due diligence requirements for identifying and verifying account holders
  • Gain knowledge of the FATCA reporting requirements and the consequences of non-compliance
  • Develop skills in implementing FATCA compliance programs and managing risk


Course Outline

Module 1: Introduction to FATCA

  • Overview of FATCA and its objectives
  • History of FATCA and its evolution
  • FATCA regulations and their impact on international financial institutions

Module 2: FATCA Framework

  • FATCA classification of financial institutions
  • Registration and certification requirements
  • FATCA compliance program requirements

Module 3: Due Diligence Requirements

  • Identifying and verifying account holders
  • Documentation requirements for individual and entity accounts
  • Due diligence procedures for pre-existing and new accounts

Module 4: Reporting Requirements

  • Identifying and reporting on reportable accounts
  • FATCA reporting forms and instructions
  • Consequences of non-compliance and penalties

Module 5: Withholding and Payment Requirements

  • FATCA withholding requirements
  • Gross proceeds and passthru payments
  • Payment requirements and documentation

Module 6: FATCA Compliance Programs

  • Developing a FATCA compliance program
  • Implementing due diligence and reporting procedures
  • Managing risk and ensuring compliance

Module 7: FATCA and Other International Tax Regulations

  • Overview of other international tax regulations (e.g. CRS, CDOT)
  • Comparison of FATCA with other regulations
  • Implications for international financial institutions

Module 8: Case Studies and Best Practices

  • Real-life case studies of FATCA implementation
  • Best practices for FATCA compliance
  • Lessons learned from FATCA implementation


Course Features

  • Interactive and engaging course content
  • Comprehensive coverage of FATCA regulations and compliance
  • Personalized learning experience
  • Up-to-date information on FATCA regulations and compliance
  • Practical applications and case studies
  • High-quality course content and expert instructors
  • Certification upon completion, issued by The Art of Service
  • Flexible learning options (self-paced, online)
  • User-friendly course platform
  • Mobile-accessible course content
  • Community-driven discussion forums
  • Actionable insights and takeaways
  • Hands-on projects and activities
  • Bite-sized lessons for easy learning
  • Lifetime access to course content
  • Gamification and progress tracking


Certification

Upon completion of the course, participants will receive a certification issued by The Art of Service, demonstrating their expertise in FATCA regulations and compliance.

,
!