[Webinar] Trust Training Certificate (TTC) - Unit 3: Administration and Management of Trusts (8th Cohort)
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, letter 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 "TTC Unit 1: Introduction to Trusts" and "TTC Unit 2: Types of Trusts and When Appropriate" prior to attending this course.
‧ Set up process
‧ Distributions to beneficiaries
‧ Annual review
‧ Changes to the deed
‧ Adding and removing beneficiaries
‧ Trust investment policy
‧ Letters of Wishes
‧ Proper documents for trustee protection
‧ Basic accounting rules and trust account requirements
‧ Reporting (FACTA, CRS) overview and when required
‧ Beneficiaries rights to information under HK law
‧ Termination and closure documents and requirements
‧ For investment and pension trust, the role of custodian, administrator and registrar/scheme administrator
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.
資產財富管理業先導計劃 - 專業培訓資助計劃
本課程乃提升資產財富管理業人才培訓先導計劃 - 專業培訓資助計劃所涵蓋之合資格課程 / 研討會。
合資格之金融服務業現職從業員只要圓滿修畢，便可以就2016年10月1日至2022年8月31日期間上課的合資格課程 / 研討會申請發還80%學費，或上限每人10,000元。
申請人可申請多於一個課程 / 研討會的資助，合計上限10,000元，但每個課程 / 研討會只獲發還學費一次。
已填妥並簽署的申請表連同五項所需的證明文件必須於完成所參加課程 / 研討會當日起計四個月內提交至香港證券及投資學會辦事處。全部課程須於2022年8月31日或之前修畢方符合申請發還學費的資格。詳情請參考資產財富管理業先導計劃網站。
Richard advises trustees, ultra-high net worth individuals, private trust companies and family offices on the establishment, restructuring and administration of trusts, including special trusts i.e. BVI VISTA, Cayman STAR and Employee Benefit Trusts. He regularly assists in estate administration, succession planning and family governance.
Richard has acted for many of the world’s leading trust companies, financial institutions, wealthy individuals and related structures. He has experience with dealing with clients and advisors across the globe. Richard has over 20 years’ post qualification experience with the majority spent in offshore firms. Richard has lived and worked in Jersey, London, the Cayman Islands and (since 2009) Hong Kong. He is admitted as a solicitor in England and Wales and the British Virgin Islands and is a Registered Foreign Lawyer in Hong Kong. He has also been admitted as an Attorney in the Cayman Islands.
Richard is an elected Academician of the International Academy of Estate and Trust Law (the only such offshore practitioner in APAC). He is also a Certified Anti Money Laundering Specialist. Richard is a lecturer on trusts and family offices for the Hong Kong Securities and Investment Institute and for the Hong Kong University of Science and Technology.
Click here if you wish to register for full Part A training programme.
Click here if you wish to register for full Part A training programme and examination.