Common Reporting Standard (CRS)

Throughout this eLearning you will be guided through different modules where you will take on the role of a banker working for a financial institution and become a CRS matter expert. By the end of this training, you will be able to:

• Understand the key principles of CRS;
• Understand the due diligence obligations of CRS;
• Be aware of data protection processes and the reporting obligations of CRS; and
• Understand the main differences between FATCA and CRS.

1. Objectives and context

• CRS context
• Jurisdiction overview
• Wider approach.

2. Key concepts

• Accounts and account holders
• Classification of entities: Financial institutions and non-financial entities
• Obligations linked to CRS status.

3. Due diligence obligations

• Self-certification
• Reasonableness test
• Pre-existing accounts and CRS indicia
• Changes in circumstances.

4. Data protection and reporting obligations

• Data protection requirements
• Reporting obligations.

5. Comparison between CRS and FATCA

• CRS vs. FATCA.

6. Knowledge check

• Random selection of questions.

DLearn offers a dynamic approach to digital learning:

• All sessions are modular and easy to customize to perfectly fit your needs
• The units (maximum 15 minutes) are incorporated in an interactive storyline.

At the end of this eLearning, the learner will be evaluated on the topic via a knowledge check.

An official certificate will be delivered upon validation of the eLearning.

All our eLearnings are customizable for any industry.