PwC's Academy in Luxembourg hosts advanced training on FATCA and CRS

On 7 March 2022, the PwC Academy in Luxembourg will host a training on the Foreign Account Tax Compliance Act (“FATCA”) and Common Reporting Standard (“CRS”) with a focus on the Asset Management and Custody businesses (Link).

This advanced training will include practical examples on operational challenges faced by investment funds and its service providers. The workshop is aimed for employees of investment funds, management companies, transfer agents and custodian banks having already gained solid experience in both FATCA and CRS.

As previously reported, on 25 February 2022, the PwC Academy in Luxembourg will host a training on the Foreign Account Tax Compliance Act (“FATCA”) and Common Reporting Standard (“CRS”) Basic Principles (Link).

This basic training from the PwC Academy is focused on employees of investment funds, management companies, transfer agents and custodian banks and provides detailed information on how to comply with FATCA and CRS, as implemented in Luxembourg, in terms of on-boarding, due diligence and reporting obligations, with a specific focus on investment fund related aspects.