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 CRS and FATCA as simple to implement as possible. A secondary purpose is to aid advisors and financial intermediaries in understanding precisely how CRS and FATCA impact the fiduciaries they serve.
Let’s face it, CRS and FATCA 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 CRS and FATCA 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 CRS and FATCA, 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 CRS and FATCA
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 CRS and FATCA.
In addition to being CEO and Founder of G&TCA, Peter was Of Counsel to the Zurich Office of Anaford Attorneys from August 2014 to June 2020. 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 CRS and FATCA 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 CRS and FATCA (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 CRS and FATCA implementation for fiduciaries.
2024 Conferences
| Conference Name | Role | Topic | When | Where | Info | Media |
|---|---|---|---|---|---|---|
| South Dakota Trust Association Fall Forum | Presenter | Practical Issues in Foreign Trust Administration for South Dakota Trustees | 17 October 2024 | The Lodge at Deadwood, South Dakota | More Info | |
| STEP Barbados | Presenter | The U.S. Corporate Transparency Act - Impact on Barbados Fiduciaries | 13 June 2024 | Radisson Aquatica Resort, Barbados | Event Flyer |
2023 Conferences
| Conference Name | Role | Topic | When | Where | Info | Media |
|---|---|---|---|---|---|---|
| STEP Geneva Webinar Corporate Transparency Act | Presenter | The U.S. Corporate Transparency Act and New York's LLC Transparency Act | 7 December 2023 | Online | Conference Video | |
| Global Compliance Institute Q&A Sessions | Panellist | Let's Talk About FATCA Reporting | 22 November 2023 | Online | Conference Video | |
| 2023 Tax Annual Summit | Speaker | Empowering Tax Practitioners and International Finance Centers | 16 November 2023 | Miami, United States | More info |
2022 Conferences
| Conference Name | Role | Topic | When | Where | Info | Media |
|---|---|---|---|---|---|---|
| STEP Lugano | Speaker | What's new in international tax information reporting | 23 March 2022 | Online |
2021 Conferences
| Conference Name | Role | Topic | When | Where | Info | Media |
|---|---|---|---|---|---|---|
| CalCPA TaxTrek International Conference | Speaker | CRS and FATCA | 16 November 2021 | Online | More info | |
| STEP LatAm Conference 2021 | Speaker | Current Topics in CRS and FATCA Compliance For Fiduciaries and their Clients | 14 and 15 October 2021 | Riviera Maya, Mexico | More info | Conference Video |
| World Compliance Association | Co-Presenter with Laura Barrios (Morgan & Morgan) | FATCA and CRS Trust Reporting | 23 June 2021, 09:00 to 11:00 hours (Panama time) / 16:00 to 18:00 hours CET | Via Zoom | More info |
2020 Conferences
| Conference Name | Role | Topic | When | Where | Info | Media |
|---|---|---|---|---|---|---|
| STEP/NYSBA 16th Annual International Estate Planning Institute | - Speaking on Panel | Transparency & Ethics Update | 8 December 2020 | Remote (via Zoom) |
2019 Conferences
| Conference Name | Role | Topic | When | Where | Info | Media |
|---|---|---|---|---|---|---|
| STEP Asia Conference 2019 | - Speaker | Crossing Paths - the intersection of AEOI, FATCA & BEPS | 5 & 6 Nov 2019 | Singapore | More info | |
| 15th annual University Of San Diego School Of Law Procopio International Tax Institute | Speaking on a Panel | Non-U.S. Persons and U.S. Financial Accounts - Hiding in Plain Sight through the FATCA Loophole | 17-18 Oct 2019 | San Diego | More info | Conference Video |
| STEP Cayman chapter | - Speaker | TBD | 14 Oct 2019 | George Town, Grand Cayman | ||
| CRS Bootcamp | - Co-presenting with Paul Millen (http://millentaxandlegal.ch/index.html) | The coming Swiss CRS adits and other topics | 29 May 2019 | Zurich | More info | |
| CRS Bootcamp | - Co-presenting with Paul Millen (http://millentaxandlegal.ch/index.html) | The coming Swiss CRS adits and other topics | 27 May 2019 | Geneva | More info |
2018 Conferences
| Conference Name | Role | Topic | When | Where | Info | Media |
|---|---|---|---|---|---|---|
| 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 and 2019 certifications to the IRS | 10 October 2018 | Zurich | More 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 and 2019 certifications to the IRS | 8 October 2018 | Geneva | More info | |
| STEP Cayman chapter | - Speaker | Recent Developments in CRS and FATCA | 28 June 2018 | George Town, Grand Cayman | ||
| Anaford Attorneys | - Speaking on a Panel | CRS & FATCA - what bankers, trustees and wealth planners in Miami should know | 10 May 2018 | Conrad Miami Hotel | ||
| STEP Caribbean Conference | - Speaker | Recent Developments in CRS and FATCA | 8 May 2018 | Barbados | More 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 IRS | 12 April 2018 | Bermuda | More 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 IRS | 23 March 2018 | Geneva | More 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 IRS | 21 March 2018 | Zurich | More info |
2017 Conferences
| Conference Name | Role | Topic | When | Where | Info | Media |
|---|---|---|---|---|---|---|
| Academy & Finance | - Speaking | Trust companies: how to implement the CRS | 17 November 2017 | Bahamas | ||
| Academy & Finance | - Speaking | Trust companies: how to implement the CRS | 6 October 2017 | Bermuda | ||
| Academy & Finance | - Speaking | Trust companies: how to implement the CRS | 6 June 2017 | Cayman Islands | ||
| Academy & Finance | - Speaking | Trust companies: how to implement the CRS | 28 April 2017 | Guernsey | ||
| Academy & Finance | - Speaking | Trust companies: how to implement the CRS | 27 April 2017 | Jersey | ||
| Academy & Finance | - Speaking | Trust companies: how to implement the CRS | 25 April 2017 | Geneva | ||
| Academy & Finance | - Speaking | Trust companies: how to implement the CRS | 10 April 2017 | Malta | ||
| Academy & Finance | - Speaking | Trust companies: how to implement the CRS | 4 April 2017 | Zurich | ||
| STEP/NYSBA Thirteenth International Estate Planning Institute | - Speaking | Latest Developments in CRS and FATCA | 23-24 March 2017 | New York City | ||
| Singapore Trustees Association | - Speaking | CRS Implementation Workshop for Fiduciaries | 8 March 2017 | Singapore | ||
| Academy & Finance | - Speaking | Trust companies: how to implement the CRS | 6 March 2017 | Hong Kong | ||
| 35th Annual International Tax Conference | - Speaking | Hot Topics in CRS | 5-6 January 2017 | Miami | Conference Video |
2016 Conferences
| Conference Name | Role | Topic | When | Where | Info | Media |
|---|---|---|---|---|---|---|
| Academy & Finance Luxembourg | - Speaking on Panel - G&TCA will also have a display booth | FATCA, CRS, and the Fiduciary Industry | 16-17 November 2016 | Luxembourg | ||
| Offshore Alert Conference | - Speaking | Beneficial Ownership Registries: An Update | 14-15 November 2016 | London | More info | |
| Academy & Finance Zurich | - Speaking - G&TCA will also have a display booth | FATCA, CRS, and the Fiduciary Industry | 11 November 2016 | Zurich | ||
| Academy & Finance Geneva | - Speaking - G&TCA will also have a display booth | FATCA, CRS, and the Fiduciary Industry | 10 November 2016 | Geneva | ||
| Academy & Finance Cyprus | - Speaking - G&TCA will also have a display booth | FATCA, CRS, and the Fiduciary Industry | 8-9 November 2016 | Limassol | ||
| STEP Asia | - Speaking on Panel - G&TCA will also have a display booth | CRS and UBO and Trust Registers | 1-2 November 2016 | Hong Kong | More info | |
| International Trusts & Private Client Forum | - Speaking | CRS: A practical Guide for Cayman Trustees Looking at Typical Trust, Company and Underlying Investments Structures | 24-25 October 2016 | Cayman Islands | More info | |
| International Business Conference | G&TCA will have a display booth | 20-21 October 2016 | Barbados | More info | ||
| Mourant Ozannes' International Trusts & Private Client Conference | - Speaking on Panel | The global move to transparency: CRS, information exchange & registers of beneficial ownership and the practical consequences for trustees | 7 October 2016 | Cayman Islands | More info | |
| STEP LatAm Conference | - Speaking - G&TCA will also have a display booth | CRS and BO Registers | 28-30 September 2016 | Panama City | More info | |
| Singapore Trustees Ass'n Annual Conference | - Speaking - G&TCA will also have a display booth | CRS and BO Registers | 23 September 2016 | Singapore | More info | |
| STEP Global Congress | - Attending, not speaking | 30 June - 1 July 2016 | Amsterdam | More info | ||
| Anaford Attorneys at Law Seminar | - Speaking | The Common Reporting Standard (CRS) and the Fiduciary Industry | 28 June 2016 | Zurich | More info | |
| International Tax Planning Association | - Speaking | Avoiding CRS and FATCA Reporting | 5-7 June 2016 | London | More info | |
| Transcontinental Trusts Conference | - Speaking on Panel | CRS and Trust Reporting | 14-15 June 2016 | Geneva | More info | |
| STEP Summit | - Speaking - G&TCA will also have a display booth | The Common Reporting Standard (CRS) and the Fiduciary Industry | 20 May 2016 | Miami | More info | |
| Latin Private Wealth Management Summit | Speaking on Panel | The Common Reporting Standard (CRS) | 12-13 May 2016 | Panama City | More info | |
| Transcontinental Trusts Conference | - Attending, not speaking - G&TCA will also have a display booth | 9-10 May 2016 | Bermuda | More info | ||
| Offshore Alert Conference | - Speaking on Panel | Hypocrisy USA: The Country's Role as a Money Laundering Center & Offshore Tax Haven | 1-3 May 2016 | Miami Beach | More info | Conference Video |
| STEP Caribbean Conference | - Speaking on Panel - G&TCA will also have a display booth | Can FATCA Survive CRS? | 24-27 April 2016 | St. Lucia | More info |