Learning by Doing

CASE STUDY 

SELF-ASSESSMENT

WORKSHOP

In Partnership with 

STEP CPD Learning:

Automatic Exchange of Information

About CRS Training

Practical application of the CRS rules can be extremely challenging, both for the busy practitioner as well as new members of staff required to understand the rules for the first time. Misreporting a client may lead to serious consequences, including damage to client relationships, reputational risk, audit failure and possible regulatory action.

 

CRS Training is designed to improve and enhance the knowledge, skills and performance of practitioners responsible for discharging the CRS reporting function.

100% ONLINE LEARNING

Learn at your own pace. 

INTRODUCTORY LEVEL

No prior knowledge is required.

FLEXIBLE SCHEDULE

The courses help you learn and progess when you have limited time.

MULTIPLE LANGUAGES

The course is available in English and Chinese, with further language versions to follow. 

How it works

8 LEARNING MODULES |  50+ CASE STUDIES 

Adopts a case study approach to explain practical application of the rules. Over 55 case studies are included, spread across 8 separate modules, including trusts, listed companies, investment entities, active NFEs and arrangements involving debt.

SELF-ASSESSMENT TESTS

Effective training and development is about knowing and understanding your current level of competency and being able to track your progress over time. CRS Training contains a self assessment function where students may test their knowledge in relation to specific structure types, such as trusts, or their general knowledge of the entire course. Self Assessment results are instantly available, with areas of weakness highlighted and incorrect answers fully analyzed.

SIMULATED STRUCTURES

Full use of the workshop function in order to create and analyze structures that you may create, whether involving trusts, foundations, companies, mutual or hedge funds.

Modules
1
MODULE

INDIVIDUAL ACCOUNT HOLDER

This module will described and illustrate application of the Common Reporting Standard (CRS) to a Financial Account held by a natural person (Individual). Modules 2 - 8 will explain application of the CRS to a Financial Account held by an Entity. 

The intention is that module 1 will enable compliance professionals to accurately apply the CRS through a full range of possible variations that may affect an Individual Account Holder.

2
MODULE

PASSIVE NFE ENTITY ACCOUNT HOLDER

Module 2 will enable compliance professionals to accurately apply the CRS through a range of possible variations that may affect an Account Holder that is a Passive NFE [CRS Section VIII D. 8 (i)].  

3
MODULE

ACTIVE NFE ENTITY ACCOUNT HOLDER

Module 3 will enable compliance professionals to accurately apply the CRS through a range of possible variations that may affect an Account Holder that is an Active NFE [CRS Section VIII D. 8 (i)].  

4
MODULE

REPORTING FINANCIAL INSTITUTION ACCOUNT HOLDER

Module 4 will enable compliance professionals to accurately apply the CRS through a range of possible variations that may affect the reportable status of a Financial Institution Account Holder, with particular emphasis on Financial Accounts held by Managed Investment Entities (CRS Section VIII A. 6(b)), and Custodial Institutions (CRS Section VIII A. 4).

5
MODULE

NON-REPORTING FINANCIAL INSTITUTION ACCOUNT HOLDER

Module 5 will enable compliance professionals to accurately apply the CRS through a range of possible variations that may affect an Account Holder that is a Non-Reporting Financial Institution, with particular emphasis on Financial Accounts held by Broad and Narrow Participation Funds (together Occupational Pension Fund) [CRS Section VIII B. 5 - 6].

6
MODULE

LISTED COMPANY

Module 6 will enable compliance professionals to accurately apply the CRS through a range of possible variations that may affect the reportable status of an Account Holder that is a Listed Company.

7
MODULE

DEBT 

Modules 7 and 8 are related modules, and together illustrate application of the CRS to an Account maintained by a Financial Institution Trust (Managed Investment Entity, CRS Section VIII A. 6(b))(Trust).

 

Module 7 concentrates on Financial Accounts constituted by a Debt Interest in the Trust, while Module 8 will concentrate on Financial Accounts constituted by an Equity Interest (such as Settlor, Trustee) in the Trust.

Module 7 will enable compliance professionals to accurately apply the CRS through a range of possible variations that may affect the reportable status of an Entity that holds a Debt interest in a Trust.

8
MODULE

TRUST AS REPORTING FINANCIAL INSTITUTION

Module 8 will enable compliance professionals to accurately apply the CRS through a range of possible variations that may affect the reportable status of an Entity that holds an Equity Interest in a Trust.

What People Say

— PAICOLEX TRUST

 "Brilliant on all fronts, extremely well explained"

Training Author

Zac Lucas is a practicing lawyer with over 25 years legal experience, admitted in England & Wales, and is a former Partner of various international law firms including, Harneys, Ogier, Lawrence Graham and Gowling WLG. Zac has particular expertise advising on international regulatory law and has lectured and written extensively on the OECD Common Reporting Standard (CRS) and the related Mandatory Disclosure Rules (MDRs).

Start Today 

NO software integration or download

NO access to your server or any regulated data

NO onsite installation

CENTENAL white logo.png
Centenal.png

QUICK LINKS

CRS COMPLIANCE

Member of

© Copyright 2019 CENTENAL GROUP

linkedin.png