Wealth Management

Trust Training Certificate (TTC) - Unit 14: Foundations Law - Part 1


This is Unit 14 of the training programme in pursuing the “Trust Training Certificate”.

It consists of two modules:
Module 22: Foundations Overview
Module 23: Parties to a Foundation and their Roles

For the topics to cover, please refer to the content section below.


Foundations Overview

- Establishment and registration
- Charter and articles / rules
- Language, form and validity
- Purpose and change of purpose
- Asset protection and anti-forced heirship

Parties to a Foundation and their Roles

- Different parties: founder, council, officers, resident, agent, secretary, supervisory person, beneficiaries, guardian
- Duties and powers of these parties
- Retention of control:
(a) Founder’s powers and rights
(b) Foundation as a PTC
(c) Foundation / limited partnership structure

Who should attend

The course is primarily targeted to those who would like to pursue “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.

Speaker/Course Instructor

Mark LEA
Mark was educated in England and was qualified as a solicitor in 1970 in London. Since 1971, Mark has been concerned with international estate planning and structure and international comparative taxation. Having been a partner in Lea & White Solicitors and then Chairman in one of the UK's most successful provincial law firms, he moved permanently to Asia and was admitted to practice as a solicitor in Hong Kong in 1995.

Mark is active in providing advisory works both to governments and families with international members. Mark advised the Government of Singapore with regard to the Trustees Act of Singapore. He originated the proposals for changes to the Trust Law of Hong Kong and advised on such changes. He advised the Malaysian Government on changes to the laws of Labuan, including Trust Law, Foundations Law and Limited Partnership Law. He remains an international adviser to that government. He advised the Government of Samoa on and has drafted new Trust Law, new Foundations Law and a new Trustee Companies Bill and has advised on and drafted changes to other relevant laws in consequence.

Mark taught a course on international estate planning, including the use of trusts and foundations, as Adjunct Professor of Law at the National University of Singapore for 10 years. He is teaching a similar course in Samoa.


Date & Time
Tuesday, 11 Jun 2019 (6:00PM - 9:00PM)
HKSI Institute Training Centre
Relevant Subject
SFC:3.00, PWMA:3.00, LawSociety:2.50