Rene, Responsible Officer of FATCA at Banco in Central America

“Our FATCA/CRS Team participated in the Foodman FCCP certification. The course was a good refresher for the team since we have been with the FATCA topic for some time and recently with CRS. What helped us the most was the presentation of the FATCA compliance program. We have a FATCA and CRS compliance program in place, but we were able to observe during the course that certain procedures and processes were not up to par. We reviewed again how we had planned and implemented the program as well as what action plan there is in relation to the findings we found. We learned how to improve various processes. We are now going to work separately with Foodman on an audit plan.”

— Rene, Responsible Officer of FATCA at Banco in Central America