概要

This is Unit 6 of the "Trust Training Certificate" ("TTC") (version 2.0) training programme.

It consists of two modules:
Module 11: Compliance, Anti- Money Laundering, Legislative rules and how they apply to Trusts
PART A – Anti-Money Laundering Ordinance and Companies Registry Requirements for Trust or Company Service Providers (“TCSPs”)
Module 12: Compliance, Anti- Money Laundering, Legislative rules and how they apply to Trusts
PART B – Automatic Exchange of Information (“AEOI”) FATCA and CRS Reporting Requirements for Trustees

For details on the topics to be covered, please refer to the 'Content' section below.

If you wish to register for the full TTC (version 2.0) Part A training programme and examination, click here.

宗旨

On completion of the course, learners should be able to:
(a) Describe the trustee compliance requirements for most types of trusts and trustees e.g. TCSP licensing, AML, CDD, SOW, SOF, CRS and FATCA
(b) Understand what / when generates a reportable person or account (e.g. US person)
(c) Understand the thinking process in determining the reporting requirements for a typical trust
(d) Understand what / when generates reportable person or account (e.g. US person)
(e) Understand the thinking process in determining the reporting requirements for a typical trust
(f) Classify a trust and underlying company for FATCA and CRS purposes

內容

Module 11: Compliance, Anti- Money Laundering, Legislative rules and how they apply to Trusts
PART A – Anti-Money Laundering Ordinance and Companies Registry Requirements for Trust or Company Service Providers (“TCSPs”):
1. Hong Kong legislation and regulations regarding trust companies
2. TCSP licensing process and requirements
    • Licensing procedures and exemptions
    • "Fit and proper test"
    • Renewal of license
    • Notice of change of particulars
    • Cessation of business or cancellation of license
    • Revocation or suspension of license
3. Obligations of a TCSP licensee and a Hong Kong company
4. Significant controller registers

Module 12: Compliance, Anti- Money Laundering, Legislative rules and how they apply to Trusts
PART B – Automatic Exchange of Information (“AEOI”) FATCA and CRS Reporting Requirements for Trustees
1. The tax residency of trusts and Hong Kong profits tax obligations
2. The principles of FATCA as they apply to trust structures and trustees’ responsibilities
3. The principles of CRS as they apply to trust structures and trustees’ responsibilities
4. Recordkeeping requirements

對象

This course is primarily designed for individuals who are interested in obtaining the "Trust Training Certificate" to qualify for the Hong Kong Trustees' Association Certified Trust Practitioner™ designation.

It is also relevant for individuals seeking a comprehensive understanding of the course subject matter and those planning to enter the Trust industry sector.

資產財富管理業先導計劃 - 專業培訓資助計劃

本課程已被審批為「提升資產財富管理業人才培訓先導計劃」（以下簡稱「資產財富管理業先導計劃」 其下之「專業培訓資助計劃」（以下簡稱「本計劃」）。本計劃旨在提升資產財富管理業在職從業員的專業能力水準及協助金融服務業內其他從業員學習所需的知識和技能，使他們能投身資產財富管理業。合資格之申請人按香港證券及投資學會之要求完成課程後將可獲香港特區政府資助80%學費，上限為HK$15,000。 香港證券及投資學會為資產財富管理業先導計劃之執行機構，有關申請要求之細則及手續，請參閱專為資產財富管理業先導計劃而設之網站(https://www.wamtalent.org.hk/)。

Click here if you wish to register for full TTC (version 2.0) Part A training programme and examination.