This session will take delegates through what they can expect of a visit from the Automatic Exchange of Information (AEOI) team of the Guernsey Revenue Service. Under the bilateral FATCA agreement and the multilateral OECD agreement the Guernsey Revenue Service is the “competent authority” (or regulator) for both FATCA and CRS.
The Revenue Service, specifically the AEOI team, have a responsibility to perform regulatory supervision of reporting entities. This is being done via a combination of routes including data quality analysis, thematic and regulatory oversight visits. This course will help you and your business prepare for the visit.