Day 1 - Tuesday, October 17, 2017

7:50
Registration Opens and Refreshments are Served
8:50
Opening Remarks from the Co-Chair
9:00
KEYNOTE ADDRESS:

Overview of the Common Reporting Standard from Canada Revenue Agency

‘Intaxicating’ Facts That Every Canadian Financial Institution Needs to Know About the Common Reporting Standard
10:30
Networking and Refreshment Break
10:45
Common Reporting Standard Fundamentals

Common Reporting Standard Implementation Efforts: Is your Institution Reporting Ready?
11:30
KEYNOTE ADDRESS:

U.S. Corporate Income Tax Trends, Reporting & Compliance
12:00
Networking Luncheon for Delegates
1:00
INTERACTIVE PANEL:

U.S. Tax Update: Withholding & Reporting Information
2:00
CASE STUDY:

Relationship Management for Financial Institutions

Insights on Handling Pre-Existing Accounts and How to Minimize the Impact of CRS on the Client Experience
3:00
Networking and Refreshment Break
3:15
Guidance for Reporting Financial Institutions on Customer Due Diligence Procedures Pursuant to AML Requirements
4:15
Closing Remarks From Chair
Followed by Networking Reception
Hosted by: PWC

Day 2 - Wednesday, October 18, 2017

8:20
Registration Opens & Refreshments are Served
8:50
Opening Remarks from the Co-Chair
9:00
Annual Update from the Investment Funds Institute of Canada (IFIC)
9:30
Guidance from the Canadian Life and Health Insurance Association (CLHIA) on Issues for Life Insurers
10:00
Networking and Refreshment Break
10:15
CRS Considerations for Investment Managers and Funds
11:00
CRS: Technological challenges, best practices and solutions.
11:45
Closing Remarks from Chair
Conference Concludes

Post-Conference Workshops

Masterclass A: CRS Compliance Best Practices

Oct 18, 2017 12:30pm – 2:30pm

Speakers

Michael Y. Poon
Director, Corporate Tax
KPMG LLP

Masterclass B: How to Operationalize CRS Compliance Best Practices

Oct 18, 2017 3:00pm – 5:00pm

Speakers

Fred Abasian
CRS Program Director
RBC

Day 1 - Tuesday, October 17, 2017

7:50
Registration Opens and Refreshments are Served
8:50
Opening Remarks from the Co-Chair

Katherine Johnson
Senior Manager, Tax
PWC

Aryeh Snitman
Senior Tax Counsel, Taxation Division
CIBC

9:00
KEYNOTE ADDRESS:

Overview of the Common Reporting Standard from Canada Revenue Agency

‘Intaxicating’ Facts That Every Canadian Financial Institution Needs to Know About the Common Reporting Standard

Cindy Negus
Director, Competent Authority Services International, Large Business and Investigations Branch
Canada Revenue Agency

France Marengère
Senior Policy Analyst, International Relations and Treaties Office
Canada Revenue Agency

  • Update on Common Reporting Standard new developments from the Canada Revenue Agency
  • Guidance for financial Institutions on the latest CRS legislative framework
  • Clarification on post-implementation uncertainties
  • Interactive Q & A session

10:30
Networking and Refreshment Break
10:45
Common Reporting Standard Fundamentals

Common Reporting Standard Implementation Efforts: Is your Institution Reporting Ready?

Carlene Hornby
Canadian Tax Partner Co-Leader FATCA/QI and CRS Practice
KPMG Canada

  • FACTA update and remediation strategies for financial institutions
  • A review of CRS standard procedures and due diligence timelines
  • Guidance on CRS requirements for reporting financial institutions (RFI’s)
  • Discussion on the scope of reportable accounts an information
  • Financial risks of non-compliance

11:30
KEYNOTE ADDRESS:

U.S. Corporate Income Tax Trends, Reporting & Compliance

Matthew Wilson
Partner, U.S. Tax Services Group
Collins Barrow

12:00
Networking Luncheon for Delegates
1:00
INTERACTIVE PANEL:

U.S. Tax Update: Withholding & Reporting Information

Moderator:

Adrian Walrath
Assistant Director
Investment Industry Association of Canada

Panelists:

Nicole Lorenz
Partner,Global Information Reporting
PWC

Danielle Nishida
Principal, Washington National Tax Information Reporting and Withholding
KPMG LLP

Andrea Taylor
Senior Manager
EY

  • Whether your institution needs to become a QDD?
  • Updates to the QI Agreement
  • How to get ready for your reporting cycle.

2:00
CASE STUDY:

Relationship Management for Financial Institutions

Insights on Handling Pre-Existing Accounts and How to Minimize the Impact of CRS on the Client Experience

Simon Lee
Assistant Vice President, Tax, Legal Department
CIBC Mellon

  • CRS Guidance from the CRA on Pre-existing Accounts
  • Client Responses to CRS Procedure Implementation
  • Effective Procedures to Minimize Client Impacts of CRS
  • Strategies on How to Better Inform Clients About the New CRS Requirements
  • Benefits of Working Closely with Clients on CRS Fiduciary Duties

3:00
Networking and Refreshment Break
3:15
Guidance for Reporting Financial Institutions on Customer Due Diligence Procedures Pursuant to AML Requirements

Jacqueline Shinfield
Partner
Blake, Cassels & Graydon LLP

  • Examine the interrelationship between Canada’s AML and CRS requirements
  • Explore customer due diligence procedures
  • Does CRS contravene AML requirements?
  • Mitigating high risk scenarios while remaining standard compliant

4:15
Closing Remarks From Chair
Followed by Networking Reception
Hosted by: PWC

Day 2 - Wednesday, October 18, 2017

8:20
Registration Opens & Refreshments are Served
8:50
Opening Remarks from the Co-Chair

Katherine Johnson
Senior Manager, Tax
PWC

Aryeh Snitman
Senior Tax Counsel, Taxation Division
CIBC

9:00
Annual Update from the Investment Funds Institute of Canada (IFIC)

James Carman
Senior Policy Advisor, Taxation
Investment Funds Institute of Canada

  • Update from the IFIC on the impact of CRS on the investment industry
  • Discussion on Fiduciary Standards
  • Guidance from the IFIC on the treatment of mutual funds under CRS
  • Post-implementation considerations

9:30
Guidance from the Canadian Life and Health Insurance Association (CLHIA) on Issues for Life Insurers

Peggy McFarland
Director, Corporate Taxation
Canadian Life and Health Insurance Association Inc. (CLHIA)

Gail Grobe, CPA
AVP, Canadian Taxation
Manulife Financial

  • Update from the CLHIA on the impact of CRS on life insurers
  • Differences from FATCA
  • July 1 cut-off issues

10:00
Networking and Refreshment Break
10:15
CRS Considerations for Investment Managers and Funds

Darin Renton
Partner
Stikeman Elliott LLP

  • Practical considerations for affected Canadian investment funds
  • Application of the fiduciary standard
  • Discussion on CRS-specific withholding procedure

11:00
CRS: Technological challenges, best practices and solutions.

Fabrice Zambito
CEO
OPES Software

  • What are the key system challenges to comply with the CRS
  • What are best practices and guidelines to follow.
  • What are some of the solutions to help ease the burden.

11:45
Closing Remarks from Chair
Conference Concludes

Masterclass A: CRS Compliance Best Practices

Oct 18, 2017 12:30pm – 2:30pm

Michael Y. Poon
Director, Corporate Tax
KPMG LLP

What is it about?

(Registration Opens at 12:00 p.m.)
  • Overview of CRS requirements for reporting financial institutions (RFI’s)
  • Guidance on how to build a robust internal CRS compliance program
  • Discussion on the scope of reportable accounts and information collection
  • Effective post-implementation management strategies
 

Refreshment Break

Masterclass B: How to Operationalize CRS Compliance Best Practices

Oct 18, 2017 3:00pm – 5:00pm

Fred Abasian
CRS Program Director
RBC

What is it about?

(Registration Opens at 2:30 p.m.)
  • Translating compliance into operationalization
  • Practical guidance on how to effectively implement compliant internal reporting procedures
  • Learn how to build an effective internal team
  • Effective strategies to meet your reporting deadlines
  • Guidance on post-implementation technological solutions
 

A light lunch will be served to participants who are attending workshops