About GATCA & Trusts Compliance Associates LLC


GATCA & Trusts Compliance Associates LLC (G&TCA for short) has one main purpose: To make fiduciaries’ lives easier by making FATCA and CRS as simple to implement as possible. A secondary purpose is to aid advisors and financial intermediaries in understanding precisely how FATCA and CRS impact the fiduciaries they serve.

Let’s face it, FATCA and CRS are incredibly complicated and can be very frustrating. Few except the very largest fiduciary companies can afford a full-time, in-house expert to implement these automatic exchange-of-information (AEOI) regimes. In addition, external AEOI expertise concentrating on the fiduciary industry is hard to come by and expensive. While legal advice may be necessary in some cases, many advisors fail to provide the practical information and tools fiduciaries need to actually put FATCA and CRS into practice. G&TCA was formed to fill that precise need.

G&TCA accomplishes its goals in three ways:

  • Through gatcaandtrusts.com, which contains all the tools fiduciaries need to actually implement FATCA and CRS, and to do so simply
  • Through workshops and on-site training tailored specifically for fiduciaries
  • Through its CEO’s articles and presentations at conferences around the globe addressing the practical challenges facing fiduciaries in implementing FATCA and CRS
 

About Peter Cotorceanu

CEO and Founder LL.B. (Hons), J.D. (With Distinction) LL.M. (Tax) TEP

  • To our knowledge, Peter Cotorceanu is the only lawyer in private practice who has actually implemented an AEOI regime while working in-house for a fiduciary. Until mid-2014, Peter led UBS’s implementation of FATCA for its offshore trust companies located in the Bahamas, the British Virgin Islands, the Cayman Islands, Jersey, and Singapore. It was there that Peter developed a deep expertise in the practical AEOI implementation issues facing fiduciaries. Since leaving UBS, Peter has devoted himself to sharing his hands-on knowledge with trust companies and other fiduciaries struggling with how to implement FATCA and CRS.

    In addition to being CEO and Founder of G&TCA, Peter is Of Counsel to the Zurich office of Anaford AG, a boutique law firm. At UBS, Peter was Head of Product Management for Trusts and Foundations and, before that, Head of Wealth Structuring Consulting for UHNW clients. Before joining UBS, Peter practiced law for over 20 years, both in Switzerland and the U.S., most recently at Baker & McKenzie Zurich. His practice concentrated on U.S-related trust and estate planning and transfer taxes. Peter was also a law professor for a number of years at Washburn University School of Law, Topeka, Kansas and (as an adjunct) at the Marshall-Wythe School of Law, College of William and Mary, in Williamsburg, Virginia.

  • Peter is a former member of the Board of Governors of Virginia State Bar’s Trusts and Estates Section, as well as the Kansas Judicial Council’s Probate Advisory Committee and Estate Tax Advisory Sub-Committee. Peter is a New Zealand barrister and solicitor and an attorney licensed in Maryland and Virginia. He has an LL.B. (Hons) from Victoria University, Wellington, New Zealand, a J.D. (With Distinction) from Duke University Law School, Durham, North Carolina, and an LL.M. (Tax) from the New York University School of Law. Peter is certified as a Trusts and Estates Practitioner (TEP) by STEP, and is a member of the International Bar Association and International Tax Planning Association, among other professional organisations.

    Peter has written numerous articles on the challenges fiduciaries face in fulfilling their FATCA and CRS obligations (the articles are available here). In addition, Peter is a frequent speaker at conferences around the globe (please click here for a full list of conferences Peter will be attending), and has been interviewed numerous times by the media for his views on FATCA and CRS (please click here for more details). Peter also authored the chapter on the fiduciary industry in the LexisNexis Guide to FATCA Compliance (please click here for more details). Peter is considered by many to be the world’s leading expert on FATCA and CRS implementation for fiduciaries.

2018 Conferences

Conference NameRoleTopicWhenWhereInfoMedia
STEP Cayman chapter- SpeakerRecent Developments in CRS and FATCA28 June 2018George Town, Grand Cayman
Anaford Attorneys- Speaking on a PanelFATCA & CRS - what bankers, trustees and wealth planners in Miami should know10 May 2018Conrad Miami Hotel
STEP Caribbean Conference- SpeakerRecent Developments in CRS and FATCA8 May 2018BarbadosMore info
FATCA Responsible Officer Bootcamp- Co-presenting with Paul Millen (http://millentaxandlegal.ch/index.html)Everything FATCA Responsible Officers need to know and do to prepare for their 2018 certifications to the IRSTBDHong KongMore info
FATCA Responsible Officer Bootcamp- Co-presenting with Paul Millen (http://millentaxandlegal.ch/index.html)Everything FATCA Responsible Officers need to know and do to prepare for their 2018 certifications to the IRS12 April 2018BermudaMore info
FATCA Responsible Officer Bootcamp- Co-presenting with Paul Millen (http://millentaxandlegal.ch/index.html)Everything FATCA Responsible Officers need to know and do to prepare for their 2018 certifications to the IRS23 March 2018GenevaMore info
FATCA Responsible Officer Bootcamp- Co-presenting with Paul Millen (http://millentaxandlegal.ch/index.html)Everything FATCA Responsible Officers need to know and do to prepare for their 2018 certifications to the IRS21 March 2018ZurichMore info

2017 Conferences

Conference NameRoleTopicWhenWhereInfoMedia
Academy & Finance- SpeakingTrust companies:
how to implement the CRS
17 November 2017Bahamas
Academy & Finance- SpeakingTrust companies:
how to implement the CRS
6 October 2017Bermuda
Academy & Finance- SpeakingTrust companies:
how to implement the CRS
6 June 2017Cayman Islands
Academy & Finance- SpeakingTrust companies:
how to implement the CRS
28 April 2017Guernsey
Academy & Finance- SpeakingTrust companies:
how to implement the CRS
27 April 2017Jersey
Academy & Finance- SpeakingTrust companies:
how to implement the CRS
25 April 2017Geneva
Academy & Finance- SpeakingTrust companies:
how to implement the CRS
10 April 2017Malta
Academy & Finance- SpeakingTrust companies:
how to implement the CRS
4 April 2017Zurich
STEP/NYSBA Thirteenth International Estate Planning Institute- SpeakingLatest Developments in CRS and FATCA23-24 March 2017New York City​
Singapore Trustees Association- SpeakingCRS Implementation Workshop for Fiduciaries8 March 2017Singapore
Academy & Finance- SpeakingTrust companies:
how to implement the CRS
6 March 2017Hong Kong
35th Annual International Tax Conference- SpeakingHot Topics in CRS5-6 January 2017MiamiConference Video

2016 Conferences

Conference NameRoleTopicWhenWhereInfoMedia
Academy & Finance Luxembourg- Speaking on Panel
- G&TCA will also have a display booth
FATCA, CRS, and the Fiduciary Industry16-17 November 2016Luxembourg
Offshore Alert Conference- SpeakingBeneficial Ownership Registries: An Update14-15 November 2016LondonMore info
Academy & Finance Zurich- Speaking
- G&TCA will also have a display booth
FATCA, CRS, and the Fiduciary Industry11 November 2016Zurich
Academy & Finance Geneva- Speaking
- G&TCA will also have a display booth
FATCA, CRS, and the Fiduciary Industry10 November 2016Geneva
Academy & Finance Cyprus- Speaking
- G&TCA will also have a display booth
FATCA, CRS, and the Fiduciary Industry8-9 November 2016Limassol
STEP Asia- Speaking on Panel
- G&TCA will also have a display booth
CRS and UBO and Trust Registers1-2 November 2016Hong KongMore info
International Trusts & Private Client Forum- SpeakingCRS: A practical Guide for Cayman Trustees Looking at Typical Trust, Company and Underlying Investments Structures24-25 October 2016Cayman IslandsMore info
International Business ConferenceG&TCA will have a display booth20-21 October 2016BarbadosMore info
Mourant Ozannes' International Trusts & Private Client Conference- Speaking on PanelThe global move to transparency: CRS, information exchange & registers of beneficial ownership and the practical consequences for trustees7 October 2016Cayman IslandsMore info
STEP LatAm Conference- Speaking
- G&TCA will also have a display booth
CRS and BO Registers28-30 September 2016Panama CityMore info
Singapore Trustees Ass'n Annual Conference- Speaking
- G&TCA will also have a display booth
CRS and BO Registers23 September 2016SingaporeMore info
STEP Global Congress- Attending, not speaking30 June - 1 July 2016AmsterdamMore info
Anaford Attorneys at Law Seminar- SpeakingThe Common Reporting Standard (CRS)
and the Fiduciary Industry
28 June 2016ZurichMore info
International Tax Planning Association- SpeakingAvoiding CRS and FATCA Reporting5-7 June 2016LondonMore info
Transcontinental Trusts Conference- Speaking on PanelCRS and Trust Reporting14-15 June 2016GenevaMore info
STEP Summit- Speaking
- G&TCA will also have a display booth
The Common Reporting Standard (CRS)
and the Fiduciary Industry
20 May 2016MiamiMore info
Latin Private Wealth Management SummitSpeaking on PanelThe Common Reporting Standard (CRS)12-13 May 2016Panama CityMore info
Transcontinental Trusts Conference- Attending, not speaking
- G&TCA will also have a display booth
9-10 May 2016BermudaMore info
Offshore Alert Conference- Speaking on PanelHypocrisy USA: The Country's Role
as a Money Laundering Center
& Offshore Tax Haven
1-3 May 2016Miami BeachMore infoConference Video
STEP Caribbean Conference- Speaking on Panel
- G&TCA will also have a display booth
Can FATCA Survive CRS?24-27 April 2016St. LuciaMore info

A gatcaandtrusts.com subscription provides:

All the tools fiduciaries need to implement CRS & FATCA. Simply.