FATCA and CRS Training · UAE Edition
Train Staff to Verify Customer Tax Status
Train your workforce to obtain correct self-certifications, check document requirements, and gather the mandatory information needed for CBUAE compliant reporting.
- ~45 minutes
- SCORM / xAPI compatible
Delivering more than one course? Check our Plans and Pricing.
Trusted by teams at
CBUAE Regulatory Alignment
This course satisfies mandatory FATCA and CRS training requirements under UAE tax reporting obligations and CBUAE's active compliance audit programme.
Cabinet Resolution No. 93/2022
FATCA Regulations
Implements UAE's intergovernmental agreement with the US requiring Reporting Financial Institutions to train staff on FATCA identification and reporting procedures.
Cabinet Resolution No. 63/2022
CRS Regulations
Mandates CRS compliance for UAE financial institutions, requiring staff training on identifying reportable accounts and conducting due diligence procedures.
CBUAE Circular on Tax Compliance
Supervisory Expectations
CBUAE actively audits FATCA/CRS compliance. This course prepares staff to meet supervisory expectations during examinations and avoid regulatory penalties.
Course completion generates audit-ready evidence including timestamps, assessment scores, and certificates.
What will your workforce and vendors learn?
The outcomes learners walk away with
Identify and collect required documentation
Understand the purpose and timing of self-certification
Recognize the different types of self-certification forms
Apply validation checks effectively to ensure the accuracy and completeness
Determine the mandatory data elements required for FATCA-CRS reporting
Course modules
Actionable, audit-defensible curriculum
01Section 1: Introduction to FATCA and CRS
This section introduces the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS) from both regulatory and operational perspectives. It explains their significance in the UAE banking sector and why compliance with international tax transparency standards is crucial.
02Section 2: Self-Certification and Documentation Requirements
Employees will learn to determine the information and documentation required to evidence and support FATCA and CRS declarations for account holders. This section explores the purpose of self-certification, when it must be collected, and the different types of self-certification forms used for various account holder types.
03Section 3: Customer Due Diligence (CDD) and KYC Obligations
This section provides a comprehensive overview of Know Your Customer (KYC) and Customer Due Diligence (CDD) measures, which are critical to FATCA and CRS compliance. Employees will learn the importance of proper customer and beneficial ownership identification and how these processes align with tax reporting requirements.
04Section 4: Suspicious Transaction Reporting (STR) and AML/CFT Alignment
In this section, employees receive guidance on identifying and reporting suspicious transactions in alignment with AML/CFT regulations in the UAE.
05Section 5: Summary and Assessment
The final section consolidates the knowledge gained throughout the course, reinforcing the importance of accurate self-certification, robust KYC/CDD measures, and proactive suspicious activity reporting.
Who's it for?
For UAE Banks & Financial Institutions.
Your workforce
Compliance Officers, Operations Teams, Relationship Managers & Frontline Staff, Risk & Internal Audit Teams, Finance and Reporting Teams
Your vendors and suppliers
Contractors, suppliers, third parties and partners who access your systems or data.
Get a quote for this course.
- An advisor reviews your requirements and responds within one business day, preferably to schedule a call.
- Pricing is scoped to the number of users and your delivery model.
Certification
Completion earns an audit-ready certificate
Every learner who completes the course receives a certificate — verifiable proof for auditors and regulators.
Company-branded certificates are issued on the Enterprise and Managed Vendor Training plans.
Earn the Credential
Employees who complete the course and score 80% or higher on the assessments receive the FATCA, CRS training certificate.
Digital & Shareable
Certificates are delivered digitally and can be proudly shared on internal platforms or LinkedIn.
Company-Branded Certificate
Each certificate features your organization’s name, reinforcing your internal security culture.
How to run this course in your organisation
Deliver it through custom learning paths for your employees and vendors — with an optional dedicated LMS for full data sovereignty.
View plans and get a quote
Frequently asked questions
Common queries on deployment and customization
What is FATCA?
The Foreign Account Tax Compliance Act (FATCA) is a US law that requires foreign financial institutions to report information about financial accounts held by US taxpayers to the US Internal Revenue Service (IRS). It was enacted in 2010 to combat tax evasion by US persons using offshore accounts.
What is CRS?
The Common Reporting Standard (CRS) is an international standard for the automatic exchange of financial account information between tax authorities. Developed by the OECD, CRS requires financial institutions in participating jurisdictions to identify and report accounts held by foreign tax residents to their local tax authority, which then exchanges the information with the account holder's home country.
How does FATCA affect UAE financial institutions?
UAE financial institutions must identify US account holders, collect required tax documentation (such as W-9 and W-8 forms), report account information to the UAE Ministry of Finance (which exchanges it with the IRS under the UAE-US intergovernmental agreement), and withhold 30% on certain US-source payments to non-compliant accounts.
What is the difference between FATCA and CRS?
FATCA is a US-specific law focused on identifying US taxpayers with foreign accounts. CRS is a multilateral framework covering 100+ participating jurisdictions. FATCA uses a US-centric reporting model, while CRS uses a residence-based model. In practice, financial institutions often implement both simultaneously since many due diligence procedures overlap.
What due diligence is required under FATCA and CRS?
Financial institutions must review new and pre-existing accounts to identify reportable persons. This includes collecting self-certification forms, screening against indicia of foreign tax residency (such as addresses, phone numbers, and standing instructions), and maintaining documentation. The due diligence procedures differ slightly between FATCA and CRS but are typically implemented together.
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