(General) Financial Products & Associated Risk Management

Trust Training Certificate (TTC) - Unit 3: Administration and Management of Trusts

                                        

概要

This is Unit 3 of the training programme in pursuing the "Trust Training Certificate".

It covers the requirements of administration and management of trusts including required form, proper documents, changing the trust instruments, investment policy format, letters of wishes, FATCA & CRS reporting, etc.

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 "Introduction to Trusts" and "Types of Trust and When Appropriate" prior to attending this course.

內容

  1. Set up process
  2. Distributions to beneficiaries
  3. Annual review
  4. Changes to the deed
  5. Adding and removing beneficiaries
  6. Re-domicile
  7. Trust investment policy
  8. Letters of Wishes
  9. Proper documents for trustee protection
  10. Basic accounting rules and trust account requirements
  11. Reporting (FACTA, CRS) overview and when required
  12. Beneficiaries rights to information under HK law
  13. Termination and closure documents and requirements
  14. For investment and pension trust, the role of custodian, administrator and registrar/scheme administrator

對象

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 Practitioner™ 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 / conferences under the Financial Incentive Scheme (“The Scheme”) of the WAM Pilot Programme.

Eligible in-service practitioners of the financial services industry could apply for reimbursement of 80% of the course fees, subject to a maximum of HK$7,000 (whichever is lower) upon satisfactory completion of a course / seminar / conference over the three-year period of the Scheme.

Each individual may apply for reimbursement for more than one course / seminar / conference.

Application to reimburse the course fees, together with the required documents, must be submitted within four months from the last day of the course / seminar / conference attended. Please refer to the WAM Pilot Programme website for more details.

導師/講者

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.

詳情

活動編號
TQBFR18000101
日期及時間
2018年9月4日, 星期二 (6:00下午 - 9:00下午)
地點
香港證券及投資學會培訓中心
相關主題
誠信操守/合規
標籤
語言
英文
課程時數
SFC:3.00, PWMA:3.00