1. FATCA - Implications, Changes and How to Implement in
a Foreign Financial Institution
This training on Foreign Account Tax Compliance Act (FATCA ) will highlight the evolution of the Act and
its current regulations. It will also provide attendees practical and effective methods for solid FATCA
implementation along with tools for identifying FATCA specific complexities in order to avoid
enforcement actions.
Why Should You Attend:
FATCA delivers to the global financial world a set of specific Know Your Customer (KYC)
enhancements that may not be required or practiced in specific jurisdictions outside of the
United States. Effectually, FATCA creates the first standardization of global KYC and compliance.
The complexities of FATCA such as withholding of funds or identification of customers with dual
citizenship to the handling of certain client types make proper FATCA implementation difficult.
This webinar will examine the creation of FATCA, its final and current regulation and its direct
impact on the global financial industry. It will enhance attendees’ practical knowledge on
effective FATCA implementation and will discuss how to identify obligations and required
actions to be taken. It will also look into remediation processes for existing clients and
intergovernmental agreements (pros and cons).
This course will also address how to implement the specific provisions of FATCA, how to train
your staff and the front office line of staff.
Areas Covered in the Webinar:
Creating a FATCA compliance program
Understanding the requirements of FATCA and the FFI’s responsibility
FATCA training and sound training practices
Establishing a remediation program and the steps within
o Data analysis
o Resource development and training
o Project management
o Identification
o Reporting
Retention and management of foreign clients
Banking case study of current FATCA approach
Preparation for additional global jurisdictional FATCA equivalents

2. Who will Benefit:
This FATCA training will provide valuable assistance and guidance to following personnel in the
banking and financial services industry:
Compliance officers
Risk officers
Internal auditors
Operational risk managers
FATCA identified responsible officers
Board of director members
Third party consultants
Florida international bankers association
California international bankers association