Compliance, Legislative & Regulatory Standards
[Webinar] Trust Training Certificate (TTC) - Unit 17: Trusts and Issues for PRC Nationals (5th Cohort)
This is Unit 17 of the training programme in pursuing the “Trust Training Certificate”.
It consists of one module – Module 26: Trusts and Issues for PRC Nationals.
For the topics to cover, please refer to the content section below.
- PRC trusts compared with common law trusts
- Types of trusts required (family, business succession, Pre-IPO, dual family, etc.)
- Challenges of compliance requirements, e.g. KYC, AML, SOF, etc.
- Special issues of dual nationality and consequences
- US foreign grantor trusts and Canada trusts
- Trusts and PRC nationals – onshore versus offshore PRC trusts and compliance considerations
- Overview of tax provisions:
(a) PRC nationals as settlors and beneficiaries
(b) PRC settlors with US beneficiaries
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 for courses/seminars held for the period from 1 October 2016 to 31 August 2022 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.
Click here if you wish to register for full Part B Stream 1 training programme.
Click here if you wish to register for full Part B Stream 1 training programme and examination.