(Specific) Financial Products & Associated Risk Management
[Webinar] Trust Training Certificate (TTC) - Unit 2: Types of Trusts and When Appropriate (8th Cohort)
Overview
This is Unit 2 of the training programme in pursuing the "Trust Training Certificate".
It consists of two modules:
Module 4: Types of Trusts and their uses
Module 5: Retention of control
For the topics to cover, please refer to the content section below.
If the participant is intended to pursue the "Trust Training Certificate", he / she is required to take "TTC Unit 1: Types of Trusts" prior to attending this unit.
Content
Types of Trust and their uses
‧ Protective Trust
‧ Charitable Trust
‧ Non-Charitable Purpose Trust
‧ Investment vehicle in the form of a trust
‧ Pension Trust
‧ Employee Benefit Trust (e.g. employee stock ownership)
‧ Discretionary (and Letters of Wishes)
‧ Bare Trusts, Declaration of Trust, Two-party Trust (Co-fiduciary Trust)
‧ Fixed Interest Trust
‧ Revocable or Irrevocable Trust
‧ Resulting Trust / Constructive Trust
Retention of control
‧ Reserved Power Trust
‧ Private Trust Company’s
‧ Use of VISTA / LST / SISTA trusts
‧ Trust / Limited Partnership structure
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 PractitionerTM 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 / 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.