FATCA / CRS Practical Workshop for Trust Companies

Course Summary

This workshop will look at the practical aspects of classifying entities typically found within the trust industry. Candidates will be asked to bring in an example structure chart to be used as a practical example in the class to discuss appropriate classifications for the entities, as well as the reporting obligation of the trustee for the various connected parties.


The purpose of this workshop is to have the opportunity to apply FATCA / CRS rules to a range of Trust structure scenarios and improve your understanding of how FATCA / CRS works and is applied in real time, including a practical discuss on the reporting obligations for trustees of live scenarios.


During this workshop it would be good if delegates can bring an example structure chart to support group discussion and aid development of knowledge. The following areas will be covered during this practical workshop:

  • Classification of entities, including pensions (EBTs / RATS / EFRBS etc.)
  • Reporting obligations of trustees for trusts with and without Protectors, including amount to be reported(differentiating between FATCA and CRS)
  • Reporting obligations for stand-alone companies with varying classifications and ownership structures
  • Reporting obligation for council members of foundations
  • Identifying when and what figures are to be declared within reports
  • Communication with clients with respect to what information is being reported and the industry view on when / how this is done

For relevancy we would like to use real scenarios. But please ensure that all scenarios are anonymous (and that any identifying or unrelated confidential information is removed) – otherwise the scenario will not be able to be used for the purposes of this training.

Please note that discussions and answers identified during the training are not and should not be deemed as tax advice.

Course Benefits

Delegates will leave this workshop with an increased understanding of how to apply FATCA in a range of situations.

Tutor Profile

Lisa McCleane is a senior manager in the EY Channel Islands tax practice. Lisa has extensive experience working in corporate tax and in recent years has focused on tax information reporting, specifically the US Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS).

Lisa is part of EY’s customer reporting team, led by Wendy Martin, EY partner and Channel Islands head of tax, providing advice to clients in relation to the development and implementation of their FATCA and CRS programmes

Originally from Ireland, Lisa previously worked for EY in its Dublin office for eight years. Here she undertook two secondments focused on FATCA and CRS implementation, assisting clients with practical implementation issues and reporting requirements and ensuring appropriate documentation of procedure and decisions. She also worked for another Big 4 firm in Jersey, again focused on the automatic exchange of information regimes.

Lisa is a member of the Chartered Accountants of Ireland and the Irish Tax Institute. She also holds a dual degree in European Business (French) from Dublin City University (BSc) and Reims Management School, France (CESEM).

Course at a Glance

  • Next Start Date: 5 June 2018
  • CPD Points: 3
  • Course Cost: £395.00
  • Course Length: Half day (09:30-12:30)
  • Location: GTA University Centre, Guernsey
  • Tutor: Cristian Anton

There are no dates currently available for this course, If you would like to register your interest please complete the form below:

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