What Can CRS Learn from FATCA

What Can CRS Learn from FATCA?

This is the twelfth in our series of articles looking at some of the topics to be discussed at our November 2018 conference, Beyond Borders: International Taxation into 2020. More specifically, this introduces the panelists for our discussion on CRS and FATCA. Book your early bird ticket HERE before it’s too late!

FATCA took the world by storm in 2010, as it required all foreign financial institutions to submit information on clients with a ‘US person’ status.

Taking a cue from the US, the OECD set up CRS so that countries could, for tax purposes, obtain financial details on their own nationals living abroad.

This panel will take an in-depth look at both & pinpoint some of the lessons CRS can take from FATCA as it rolls out into 2018.

Introducing Our CRS & FATCA Panelists

Jimmy Sexton, President & CEO, Esquire Group, USA/Dubai

Jimmy Sexton, President & CEO, Esquire Group, USA/Dubai

Jimmy Sexton, LL.M. is the President and CEO of Esquire Group, a company he co-founded in 2005. Esquire Group is a boutique international tax advisory firm specializing in international tax planning and compliance for both corporate and individual clients. He holds a Bachelor’s of Science in Business Administration with an emphasis in Finance, a Juris Doctor (J.D.), and a Master of Laws (LL.M.) post-graduate degree in International Taxation.

Mr. Sexton focuses primarily on advanced tax planning strategies for high-net worth and corporate clients. His areas of special competence include corporate structuring, expatriation, cross-border estate planning, and US tax compliance. Regarded as an expert in the field of international taxation, Mr. Sexton has lectured at the United Nations, eBay, Federation of American Women’s Clubs Overseas (FAWCO) clubs throughout Europe and the Middle East, and the American Chamber of Commerce in Vienna, Austria. Mr. Sexton has also been cited in major media outlets including CNN, The Washington Post, and the Vienna Review.

Under Mr. Sexton’s leadership, Esquire Group has grown into an international firm with offices in 4 countries (Austria, Germany, UAE, and the United States). From his base in Dubai, he regularly travels throughout the Middle East, Europe, and the Americas meeting with clients, speaking, and overseeing Esquire Group’s global operations. Mr. Sexton is a member of the Milken Institute’s Young Leaders Circle, a group of intellectually curious and motivated individuals who support the Institute and its mission to improve the lives and economic conditions of diverse populations around the world.
 

John Richardson, Lawyer, Citizenship Solutions, Canada

John Richardson, Lawyer, Citizenship Solutions, Canada

John Richardson is a Toronto, Canada based lawyer. He provides advice and assistance for US citizens and Green card holders who do not reside in the United States. He specializes in US citizenship relinquishment, Green Card expatriation and assisting US persons with their compliance obligations. You can contact him on his website www.citizenshipsolutions.ca.
 

Elina Savvides, Senior Manager, Advisory Department, PwC, Cyprus

Elina Savvides, Senior Manager, Advisory Department, PwC, Cyprus

Elina Savvides is a Senior Manager in the Advisory Department of PwC Cyprus, specializing in the Financial Services industry, focusing on Regulatory Compliance work. Amongst others, Elina is co-leading the FATCA and CRS service offering in PwC Cyprus, and has extensive experience in FATCA/CRS implementation projects for Cyprus Financial Institutions, entity classification work for Cyprus and foreign-based entities, as well as other FATCA/CRS related matters.

Before joining PwC Cyprus, Elina was an investment consultant for UK pension funds with Aon Hewitt in London. Elina holds an MPhil in Finance from the University of Cambridge (UK) and a BSc (First Class Hons) in Economics from University College London. She is a holder of the Chartered Financial Analyst designation and a member of the CFA Institute and the Cyprus CFA Society.

Introducing Our CRS & FATCA Moderator

Todd Buell, Senior Correspondent for Law360 & MLex, Belgium

Todd Buell, Senior Correspondent for Law360 & MLex, Belgium

Todd Buell is a Senior Correspondent for Law360 and MLex in Brussels. He writes about tax policy. Prior to joining Law360/MLex in April 2018, he worked for seven years for The Wall Street Journal in Frankfurt, covering the European Central Bank and the eurozone economy, occasionally branching out to write articles about Nazi architecture and opera houses on Malta. He began his career as a journalist with Market News International in Frankfurt.