Taking into consideration the recent adoption of the DAC6 Directive by the European Union with regards to the mandatory automatic exchange of information in the field of taxation, and particularly in respect of reportable cross-border arrangements, as well as its forthcoming transposition into a national legislation (which will automatically apply on all providers of legal, accounting, corporate, administrative and other relevant professional services), there is an immediate and imperative need for training of a large number of professionals, in light of ensuring the correct application of the provisions of the Directive, in all affected sectors.
The objective of the session is to provide the client with a brief explanation on the Mandatory Disclosure Regime in regards to DAC6 compliance. Participants will be informed of the framework of the EU Directive and national legislation.
The session will cover a general understanding on the hallmarks of the legislation framework and the obligations emanating for Member States, Relevant Taxpayers and Introducers.
In the second part of the session we will cover practical examples in the form of case studies and discuss with participants the approach to a review of a Cross Border Arrangement (CBA) in relation to their line of business.
The course is addressed to:
Professionals employed in sectors where the provision of services must be in line with the provisions of the European Directive for obligatory disclosure / exchange of information for cross-border arrangements (DAC6 and the relevant harmonizing legislation), including lawyers, accountants, tax advisors, auditors, providers of corporate / administrative services, and in general every person who designs, markets, organises or administers the implementation of a reportable cross-border arrangement.
This course covers 6 modules.
The course is delivered by someone with hands on experience. Highly practical, relevant and important and safely this course is for you.The instructor blends theory with highly practical case studies and examples derived from her long experience.
*The course may be approved for up to 3CPD units verified directly by the participant's association, regulator or other bodies which holds membership.
** For the Cyprus Bar Association Members this counts as part of their Continuous Professional Development, qualified as Non-verifiable CPDs.
*Group rates available. **Early Bird discount may apply.
This course can be offered inhouse, customised to your business needs.
THIS COURSE IS NOT SUBSIDIZED BY HRDA, PLEASE IGNORE THE DOCUMENTS YOU MIGHT RECEIVE UPON YOUR REGISTRATION.
Method of instruction
Nassos Paltayian, Director, Abacus Limited
Nassos began his career as auditor for Financial Services companies and qualified as a Chartered Accountant. He then moved to Abacus Limited in 2009 as a portfolio manager. In 2014 he became an ACAMS member and soon after CAMS certified. Since 2015 Nassos has served as the Information Security Officer while simultaneously heading the Compliance Department at Abacus Limited. Nassos has given a number of presentations on both Compliance and Information Security in Cyprus and abroad.
He is also a Chairman of the ICPAC AML & Compliance committee and founding member and Vice chair of the ACAMS Cyprus chapter. Nassos was also leading the DNFBP module for the National Risk Assessment and participated in numerous task forces for the issuance of Directives, Guidance Notes and Certifications in the field of AML, CTF and Compliance.