Vistra Insights

CRS/FATCA reporting - What you need to do in 2022?

Common Reporting Standard (“CRS”) and Foreign Account Tax Compliance Act (“FATCA”) are not new regulatory compliance obligations.

They have been implemented globally in over 100 jurisdictions for a number of years, including the Cayman Islands, British Virgin Islands and Hong Kong. CRS and FATCA target not only typical financial institutions, such as banks and insurance companies, but also entities which include investment funds, fund managers, trusts and professional trustees. The requirements can vary by jurisdiction and regime. It is essential to understand whether CRS and FATCA apply to you and if yes, your obligations accordingly.

As the new year draws near, entities should start to plan their 2022 agenda, involving a review of their business and taking actions, where necessary, to ensure proper compliance. In this webinar, Dujuan Lin Vistra’s subject matter expert will provide topical insights. Please join and learn more!

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Session 1 – English

Thursday, 6 January 2022 | 10-11 am HKT
Dujuan Lin, Associate Director, Advisory, North Asia

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Session 2 – Mandarin

Thursday, 6 January 2022 | 3-4 pm HKT
Dujuan Lin, Associate Director, Advisory, North Asia

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In this webinar, we will cover:

  • Brief introduction to CRS and FATCA
  • Requirements for Financial Institutions
  • Timeline and “to do” list for 2022 (Cayman Islands, BVI and Hong Kong)
  • Q&A

 

Presenter

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Dujuan Lin

Dujuan Lin
Associate Director, Advisory, North Asia

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