Overview

This is Unit 21 of the training programme in pursuing the “Trust Training Certificate”.

It consists of one module – Module 30: Trusts as Compulsory Retirement Schemes - MPF.

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

Content

- HK MPF retirement schemes:
(a) MPF regulations
(b) Basic provisions of MPF retirement schemes in HK (including contributions, participation and exemptions from participation, constituent funds, APIF and DIS)
(c) Different types of MPF schemes
(d) Licensing and compliance requirements of MPF schemes and Trustees and summary overview of licensing and requirements for custodians, sponsors, intermediaries, investment products
(e) Administration requirements and reporting to MPFA & others e.g. scheme members by trustees
(f) General reporting requirements under AML, FATCA, CRS
(g)Tax with regard to HK MPF schemes
- International mandatory pension plans comparison (Singapore & Australia)

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.