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10 October 2022

Friday, 18 October 2022 | Reporting under the Central European System of Payment information (CESOP) (9 am ET)

New rules will require payment service providers in the EU to report certain cross-border payments on a quarterly basis. The rules will be effective across the EU and will commence on 1 January 2024.

The scope of the requirements is broad and will impact payment, credit and e-money institutions. Together with short implementation time frame, the data required to be identified and reported, and quarterly reporting requirements in up to 27 EU member states, this change is expected to create a significant implementation and compliance challenge for a number of organizations.

EY colleagues with extensive experience in customer tax reporting will share their experiences in implementing automatic exchange regimes. Please join us as they discuss learnings and technologies from previous implementations in other sectors that payment providers can leverage.   

The discussion will include the following specific topics: 

  • The scope of the rules
  • Challenges for compliance
  • Lessons learned from previous automatic exchange of information regimes
  • What organizations should be doing now

Panelists

  • David Wren, Partner, Tax, Ernst & Young LLP
  • Abi Jeffreys, Director, Tax, Ernst & Young LLP
  • Anna Breggren, Partner, Indirect Tax, Ernst & Young AB
  • Bas Breimer, Partner, Indirect Tax, Ernst & Young Nederland LLP
  • Jacqueline Quinn, Director, Consulting, Ernst & Young LLP

Date: Friday, 19 October 2022

Time: 9:00-10:00 a.m. ET New York; 14:00-15:00 BST; 15:00-16:00 CEST

Registration: Register for this event.

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Document ID: 2022-5963

 
 

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