SINGAPORE, 16 MAY 2017, 9.00 - 13.20
What are the practical implications for Singapore based financial institutions

The U.S. tax authorities recently released more than 1,000 pages of new guidance impacting the U.S. Qualified Intermediary (QI) regime, the U.S. Foreign Account Tax Compliance Act (FATCA) regime and the Section 871(m) regime (overview of the new guidance on page 2). The majority of these changes went into effect on 1st January 2017. In this half-day course, the experts will provide a comprehensive review of these changes as well as share their views on the practical implications for Singapore based financial institutions.

> Understanding the Benefits of Being a Qualified Intermediary (QI) - QI Recap
> New QI agreement & chapter 3 Regulations updates
> New FFI Agreement and chapter 4 Regulations updates (including the proposed Regulations)
> New QDD Designation and 871(m) updates
> QI and FATCA periodic certifications
> Other relevant industry updates: WFP, WFT, the new IRS registration system, ODFFIs