Mark Cornish Email & Phone Number

Southend-On-Sea, Gb

Southend-On-Sea, Gb

London, England, United Kingdom

Client Tax Lead - Credit Suisse (UK) Limited:• Managing a team of 2, providing tax guidance and ensuring all FATCA, CRS, QI and DAC6 tax reporting responsibilities are met,• Managing the process for FATCA, CRS and QI documentation requirements, ensuring compliance with the tax regulations and internal policies and procedures,• Act as SME to the Front Office teams and escalation point for FATCA, CRS and QI tax issues,• Performing internal Quality Assurance Review and… Show more Client Tax Lead - Credit Suisse (UK) Limited:• Managing a team of 2, providing tax guidance and ensuring all FATCA, CRS, QI and DAC6 tax reporting responsibilities are met,• Managing the process for FATCA, CRS and QI documentation requirements, ensuring compliance with the tax regulations and internal policies and procedures,• Act as SME to the Front Office teams and escalation point for FATCA, CRS and QI tax issues,• Performing internal Quality Assurance Review and remediation work, • Maintaining tax authority relationship with HMRC, including providing detailed responses to regulatory questionnaires,• Providing FATCA, CRS and QI training to Front Office staff, including regulatory updates,• Maintaining up-to-date knowledge of the tax regulations and working with IT teams to update systems where the regulations require,• Act as tax SME in ad-hoc projects, platforms developments, enhancement of the client experience, policy and procedure updates, systems testing and implementation,• Processing of BBSI / OI HMRC reporting Show less

Canary Wharf, London

Working within the Group Tax department, my role includes:April 2013 - present (post BAU transition):FATCA / CRS:* Representing Barclays at UK Finance industry meetings and HMRC industry meetings for CRS and FATCA,* Monitoring and analysing changes in CRS / FATCA regulations and guidance,* Advising business units of changes in the CRS / FATCA regulations or guidance and confirming the steps required to remain compliant,* Advising Barclays Group FIs of… Show more Working within the Group Tax department, my role includes:April 2013 - present (post BAU transition):FATCA / CRS:* Representing Barclays at UK Finance industry meetings and HMRC industry meetings for CRS and FATCA,* Monitoring and analysing changes in CRS / FATCA regulations and guidance,* Advising business units of changes in the CRS / FATCA regulations or guidance and confirming the steps required to remain compliant,* Advising Barclays Group FIs of the annual due diligence requirements to ensure compliance (e.g Annual RM attestation, de-minimis checks)* Advising Barclays Group FIs of the annual FATCA / CRS reporting requirements,* Reviewing the annual FATCA / CRS reporting packs to ensure that the correct due diligence steps have been taken by the Barclays Group FIs,* Reviewing the Barclays Group FI tax operation FATCA /CRS onboarding, remediation, change in circumstance, withholding and reporting procedures,* Managing the FATCA Responsible Officer IRS attestation process for the Barclays Group Model 2 and Non IGA FFIs to ensure compliance,* Training Barclays Group FI teams on the CRS / FATCA regulations; this will include tax operations, onboarding, legal and KYC teams QI:* Monitoring changes in the QI regulations,* Advising and assisting the business units in respect of any regulatory changes to ensure that all QIs remain compliant,* Advising Barclays Group QI of their annual reporting obligations,* Carrying out a detailed review of the Barclays Group QI 1042 returns,* Producing W-series validation documentation for the Barclays Group QIs,* Advising the Barclays Group QIs on any regulatory issues April 2013 - December 2017 (pre BAU transition):* Reviewing the CRS / US FATCA requirements for Barclays Group and in particular working with the Investment and Corporate Banking BU to ensure a successful implementation (reviewing BRDs, TOMs, process flows, providing training) Show less

Working within the Group Financial Planning and Tax department, my role includes:* Reviewing proposed / final FATCA guidance and assisting in preparing HSBC for the final FATCA regulations and 2014 deadline. This includes reviewing various business line BRDs and providing guidance to the Group on the implications of FATCA,* Completing onsite health checks to ensure all HSBC QI entities remain audit compliant,* Ensuring that systems in place are compliant and fully up to… Show more Working within the Group Financial Planning and Tax department, my role includes:* Reviewing proposed / final FATCA guidance and assisting in preparing HSBC for the final FATCA regulations and 2014 deadline. This includes reviewing various business line BRDs and providing guidance to the Group on the implications of FATCA,* Completing onsite health checks to ensure all HSBC QI entities remain audit compliant,* Ensuring that systems in place are compliant and fully up to date with the HSBC Group’s QI Agreement with the IRS and be one of the Group specialists in this area Show less

London

* Supervising the testing and implementation of a new QI tax system for Prime Broker business. * Investigating upcoming changes to the IRS QI regulations, principally FATCA, the impact that the new regulations will have and the steps that are required to ensure the company remain audit compliant, * Ensuring all Prime Broker clients were fully documented with the correct tax documentation to ensure US Equity/Coupon transactions are processed with the correct withholding tax… Show more * Supervising the testing and implementation of a new QI tax system for Prime Broker business. * Investigating upcoming changes to the IRS QI regulations, principally FATCA, the impact that the new regulations will have and the steps that are required to ensure the company remain audit compliant, * Ensuring all Prime Broker clients were fully documented with the correct tax documentation to ensure US Equity/Coupon transactions are processed with the correct withholding tax rates,* Receiving, verifying and logging W-8IMY, W-8BEN, W-8ECI and W9 tax documentation,* Training other departments on tax regulations and procedures,* Implementing regulatory reporting system enhancements for EUSD, s18 and QI Show less