FATCA and CRS Requirements
- 10th July 2025
- 8:30 am to 12:30 pm
- Hennessy Park Hotel
- MUR 11,000 (HRDC refundable)
- MQA approved
- CPD: 3.5 units
Objectives of the course
The course aims to provide participants with an incredibly good understanding of FATCA and CRS regulations and equip them with the knowledge and skills necessary to fulfil reporting obligations.
Learning Outcomes
- At the end of the training, participants will be able to:
- Understand the key requirements for both FATCA and CRS compliance and how these impact the Financial Institutions (FIs)
- Appreciate the similarities and differences between FATCA and CRS
- Understand the benefits and limitations of applying AML/KFC processes to ensure FATCA/CRS Compliance
- Explain FATCA and CRS obligations towards the FIs.
Course Contents
- What is Automatic Exchange of Information?
- Introduction to FATCA and CRS
- Similarities and differences between FATCA and CRS
- Reporting Obligations for Financial Institutions
- Identifying reportable accounts and controlling persons for various entities
- The classification process
- Knowledge check – Test Your Knowledge Questions, MCQs, FAQs and Case Studies
Terms and conditions:
- Payment in full should be received before the start of the training (10th July 2025). Invoice and documents require for HRDC application will be provided after receipt of the registration form.
- Refund policy:
- Within 15 days: 30% of the invoice total will be charged.
- Within 10 days: 50% of the invoice total will be charged.
- Within 5 working days: 100% of the invoice total will be charged.
- A full refund will be made in case the training is cancelled by organisers.
- A certificate of attendance will be issued provided the participants have followed at least 80% of the training.
- Participants are not permitted to record the training and to share any document which will be distributed to them.
MEET THE TRAINER
MARIO HANNELAS
Head – Tax Advisory
A former Top Executive from the Mauritius Revenue Authority with more than 40 years’ experience in taxation, Mr Hannelas has occupied various positions in the Mauritius Public Service, such as Chief Investigating Officer at the Income Tax Department, Deputy Commissioner of Income Tax, Commissioner of Large Taxpayer Department and as the Technical Adviser on International Taxation to the Director General of the Mauritius Revenue Authority (MRA). He is a fellow member of the Association of Chartered Certified Accountants of UK and holds a post graduate diploma (DESS) in Tax Administration from the University of Paris Dauphine, France and is a member of the Mauritius Institute of Professional Accountants (MIPA).
