Directive DAC6/MDR: How to successfully manage and respond to operational challenges. Be prepared for the new EU tax directive DAC6
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On Thursday, June 13th at 11.30 AM CET, Marcus Evans Webinars team up with Financial Consultancy firm, BearingPoint to discuss the new DAC6 directive.
Why This Webinar
DAC6 is a new directive that affects any EU intermediaries, for example the banks, regardless of whether they are companies or individuals, who create, market, manage or are informed about cross-border arrangements. DAC6 is already live (since June 2018) and the first reporting is due mid-2020. Non-compliance will result in significant penalties.
This tax directive impacts intermediaries’ processes and ways of working. DAC6 should require team training and the implementation of new systems and software solution so that information can be collected and reported effectively. To further complicate matters from a business and technical point of view, the local rules and the formats of the reporting are different in various countries.
One thing is for sure, it is already time for financial institutions to prepare what is needed to implement DAC6, and to collect the relevant data.
Webinar Agenda Includes:
- The directive DAC6 and its local interpretations
- How to manage tax reporting: globally or locally?
- The relevance of tax reporting automation
>>THIS WEBINAR IS SOLELY FOR FINANCIAL INSTITUTIONS AND FINANCIAL INTERMEDIARIES <<
Speakers
Managing Director, Head of UK Tax Services and Tax Transparent Fund Lead
BNY MELLON
Christopher is the Managing Director and Head of UK Tax Services in BNY Mellon`s Asset Servicing division. He is responsible for tax strategy, tax technical support, and tax market intelligence in respect of UK tax changes and how these inter-relate with international tax changes and proposals. This involves working with existing and prospective clients, tax advisors and the various tax operations teams.
Prior to joining BNY Mellon in 2000, Christopher was a Tax Manager at an internationally based Insurance and Finance group. He is a Certified Accountant and also a Chartered Insurer. He currently represents BNY Mellon on the UK Investment Association Tax Committee.
Associate Partner
KPMG
Jean joined KPMG in 2008 where he acquired in-depth knowledge and expertise of the Financial Services, Banking, and Investment Funds Industries. In 2013, he went on a 3-months secondment within the “U.S. Tax Withholding and Reporting” team of KPMG New York.
Chief Product Officer RegTech
BearingPoint
Ronald has over 30 years of professional experience in the banking industry, 13 years of which he was acquired as consultant and partner of BearingPoint. His professional focus is on topics relating to risk management, process optimization and tax reporting.
Since 2011, he has been responsible for the tax reporting software business of BearingPoint with their two software solutions EasyTax and FiTAX.
Before he joined BearingPoint in 1998 as a partner, I held leading positions in lending and risk management at UBS as well as at Credit Suisse in Zurich and London for 15 years.
Head of FiTAX
BearingPoint
Fabrice has 20 years of experience in IT banking, including 16 years at BearingPoint.
He is Head of FiTAX BearingPoint’s tax software. He is responsible for the team as well as the software development, delivery and implementation projects of FiTAX modules.
FiTAX covers regulatory tax reporting regimes such as QI, FATCA, CRS/AEOI, and now, DAC6/MDR. Every year, all around the world, more than 3200 financial institutions are reporting with BearingPoint Tax solutions.
