Security / Governance, Risk & Compliance

CRS: Financial reporting and automatic information exchange

The training provides a thorough knowledge of the CRS (Common Reporting Standard) and the automatic exchange of tax information. The program combines theoretical fundamentals with practical workshops on identifying reportable accounts and preparing reports. Participants will learn about client verification procedures and the principles of information exchange between tax jurisdictions.

Issues

CRS standard and its implementation
Due diligence procedures
Identification of reported accounts
Data protection
Reporting formats
International cooperation
Compliance risk management
Internal inspections
Customer documentation
Data validation
Reporting deadlines
Best implementation practices

Benefits

The participant will acquire the ability to correctly identify accounts subject to CRS reporting
The practical aspects of implementing due diligence procedures in his organization
Will be able to prepare correct reports in accordance with the CRS standard
Will gain knowledge of effective risk management related to tax information exchange
Will learn how to effectively protect personal data in the reporting process
Will learn methods for effective cooperation with tax authorities of various jurisdictions

Who is this training for?

Compliance specialists in financial institutions

Employees of reporting departments

Internal auditors

International tax specialists

Legal department employees

Customer service managers

Anti-money laundering experts

Prerequisites

Basic knowledge of tax law
Experience in the financial sector
Knowledge of customer service processes
Basic knowledge of international financial regulations

Training program

Legal and regulatory framework
Obligations of reporting institutions
Implementation schedule

Due diligence procedures
Verification of tax residency
Analysis of indicators
Customer documentation

Data collection

Data validation

Risk management
Internal inspections
Compliance monitoring

International cooperation

Delivery Methods

Online

Convenience of participating from anywhere
Interactive live sessions with trainer
Materials available for 30 days
No travel costs

On-site

Direct contact with trainer and group
Intensive hands-on workshops
Networking with other participants
Full focus on learning

Frequently asked questions

Who is the CRS: Financial reporting and automatic information exchange training for?

This training is designed for professionals looking to develop skills in crs: financial reporting and automatic information exchange. Required level: intermediate.

How long is the CRS: Financial reporting and automatic information exchange training?

The training lasts 2. Available in online or on-site format.

Will I receive a certificate?

Yes — every participant receives a completion certificate confirming acquired competencies. EITT holds ISO 9001 accreditation.

Can this training be conducted for a closed group?

Yes — we offer dedicated closed trainings for companies. We customize the program to your team's needs. Contact us for an individual quote.