Wealth Management

[Webinar] Trust Training Certificate (TTC) - Unit 20: Collective Investment Schemes – Part 2 Public Offering Arrangements


This is Unit 20 of the training programme in pursuing the “Trust Training Certificate”.

It consists of one module – Module 29: Collective Investment Schemes – Part 2 Public Offering Arrangements.

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


In regard to Unit Trusts (“UT”), Mutual Funds (“MF”) and Open-ended Fund Companies (“OFC”):
- Differences between UT, MF & OFC and HK’s regime (Code on Unit Trust & Mutual Funds, OFC Code)
- Parties to each
(a) Trustee
(b) Director
(c) Distributor
(d) Investment manager / investment advisor
(e) Custodian / sub-custodian
- Roles, responsibilities of trustee with overview of other parties
- Regulations and regulatory requirements
- An overview of non-HK funds (such as the Cayman Islands, Luxembourg and Ireland) which are offered to the HK public.

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.

Financial Incentive Scheme of the WAM Pilot Programme

This is one of the eligible courses / seminars under the Financial Incentive Scheme (“The Scheme”) of the WAM Pilot Programme.

Eligible in-service practitioners of the financial services industry could apply for a reimbursement up to 80% of the course / seminar fees, or a maximum of HK$10,000 per person throughout the period of 1 October 2016 to 31 March 2023 upon satisfactory completion.

Each individual may apply for reimbursement for more than one course / seminar subject to a maximum of HK$10,000 but each course / seminar can only be reimbursed once.

The duly signed application form together with the FIVE supporting documents must be submitted within FOUR months from the last day of the course / seminar attended. Please refer to the WAM Pilot Programme website for more details.

WAM Pilot Programme Special Requirements

If you plan to apply for reimbursement under the Financial Incentive Scheme (FIS), please ensure your device/computer has the camera feature or with webcam installed as you are required to turn on your camera throughout the webinar.

Speaker/Course Instructor

Jillian SAVAGE
Jillian Savage is Head of Legal for State Street Bank & Trust Company's Global Services business, for North Asia (ex-Japan), responsible for the legal work required to support its trustee, custodian and administrative services to Hong Kong unit trusts and local servicing of its Cayman Islands unit trust business. Ms. Savage holds degrees in Political Science and Law from the Australian National University, a Masters in American Politics and Jurisprudence from the University of Wisconsin-Madison and a Masters in Law from Columbia University in New York. She is admitted as a lawyer in the Supreme Court of New South Wales, Australia and the Grand Court of the Cayman Islands. Ms. Savage has practised in Australia, the Cayman Islands and Hong Kong, specializing in trusts, funds management, mergers and acquisitions and capital markets, and has taught at the Australian National University Law School, the University of Canberra School of Law and the Department of Political Science at the University of Wisconsin-Madison.
Neville KRIGE
Neville is an APAC Vice President & Legal Counsel to the North Asia (ex-Japan) and Southeast Asia global services business at State Street. He advises on the trustee, custody and fund administration services offering supporting the bank’s Asian asset owner, alternatives and collective investment fund clients. Prior to his current position he served as Legal Counsel in Singapore and Hong Kong to Standard Chartered Bank’s global securities services business, and advised on African secured, unsecured and leveraged finance deals in Standard Chartered Bank’s Johannesburg office. Whilst in private practice, he advised on debt capital markets issuances. He holds Bachelor of Commerce and Bachelor of Laws degrees from the University of Stellenbosch, South Africa, and is an admitted attorney of the High Court of South Africa and an admitted solicitor of the High Court of Hong Kong.
Gabriel CHEUNG
Gabriel Cheung is the Hong Kong Head of Trustee Services at Brown Brothers Harriman, delivering trustee services that support the operational, regulatory and governance requirements of Hong Kong unit trusts including Hong Kong domiciled ETFs. Mr. Cheung is a Certified Trust Practitioner and has considerable experience in Hong Kong across trust and custody services, pension and fund administration in Hong Kong. He is also a member of the Executive Committee of the Hong Kong Trustees' Association. In addition, Gabriel was admitted as a solicitor in the High Court of New South Wales, Australia.


Date & Time
Thursday, 29 Apr 2021 (6:00PM - 9:00PM)
Virtual Platform
Relevant Subject
Type 9 - Asset management
Regulatory Compliance
SFC:3.00, PWMA:3.00, LawSociety:2.50, HKTA:3.00

Participants who wish to register into all seven (7) units of Part B stream 2 training sessions, please click here.