Credits in cross-border activities

Credits in cross-border activities

Webinar in English

Recognised for the SAQ recertification

Cross-border lending requires a comprehensive understanding of the target country’s regulatory framework

This training covers the relevant legal and regulatory aspects that a bank must consider for understanding the market access rules (and associated risks) for the cross-border promotion, offering and granting of credits to clients resident in a foreign country. This is not a country-specific training. Examples from different jurisdictions will be provided

The training is addressed to

Institution

☒ Banks
☐ Securities firms
☐ Asset managers
☐ Trustees
☐ Managers of collective assets
☐ Fund management companies
☒ Client advisors
☒ Other financial intermediaries

Function

☒ Legal and Compliance
☒ Risk management
☒ Internal audit
☐ Central file
☐ Front
☐ Asset Management
☐ HR
☒ Marketing
☒ BoD
☒ Other

Content

> General regulatory framework governing cross-border credit activities

> Market access rules and associated risks

> Financial regulation

Licensing requirements for the promotion and offering of credit services

> Consumer protection regulation

Applicability of foreign consumer protection regulation

> Foreign exchange controls

Disbursement

Repayment

> Data protection regulation

Applicability of foreign law to cross-border activities

Risk mitigation measures

> Relevant tax aspects concerning the lender

Withholing tax

Taxation on interest

Permanent establishment

Tax registration / Reporting obligations

> BRP Country Manual Credits

General presentation of BRP Country Manual Credits

For more information on this webinar, please contact us.