Introduction to Trusts
This is Unit 1 of the training programme in pursuing the "Trust Training Certificate".
It consists of three modules:
- Module 1: Overview of Trusts
- Module 2: Trustee's duties
- Module 3: Liability, Variation and Termination
For the topics to cover, please refer to the content section below.
Overview of Trusts
- What is a trust?
- Structure of a trust and holding companies
- Parties of a trust
- Overview of why and how trusts are used
- Duties and powers
- Language, form and validity
- Governing law
Liability, Variation and Termination
- Liabilities of Trustees, Protectors and Enforcers
- Migration of trusts
- Provision of information
- Termination and variation
Who should attend
The course is primarily targeted to those who would like to pursue the "Trust Training Certificate" in order to apply for the Hong Kong Trustees' Association Certified Trust Practitioner™ designation.
It is also relevant to those who would like to gain a solid understanding of the course subject matter and / or those who plan to enter into the Trust industry sector.
Financial Incentive Scheme of the WAM Pilot Programme
This is one of the eligible courses under the Financial Incentive Scheme (“The Scheme”) of the WAM Pilot Programme.
In-service practitioners of the financial services industry will be eligible for the Scheme. They will be reimbursed 80% of the course fees, subject to a maximum of HK$7,000 (whichever is the lower) upon satisfactory completion of a course or seminar over the three-year period of the Scheme.
Each individual may apply for reimbursement for more than one course / seminar.
Application to reimburse the course fees, together with the required documents, must be submitted within four months from the last day of the course attended.
Please refer to the WAM Pilot Programme website for more details.