IIR & IBC Finance is part of the Knowledge and Networking Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.
Leading experts from Malta, Switzerland, Monaco, Jersey and Italy use a case study to talk about the jurisdictional
Case study: Family of 4 (UK res non dom), dad = settlor of an offshore trust worth $50m, Loans from Trust to Settlor, underlying operating company very successful and throwing off significant dividends. How would this family be treated in the UK if they stayed and then in all of the other jurisdictions noted….
(Things you didn’t think about when you started your career)
GDPR, has it changed what we do? How are offshore Trustees Affected? What are the pitfalls none of us has thought about? How to Beneficial Ownership Registers jive with Human Rights laws? Using TIEAs and Data Protection to get information via the back door. Cybercrime – in making all of this information more readily available are we simply handing a gift to the cybercriminal?
Are we all going to become Robo Trustees with the steady march of AI? How does Blockchain work and do I need one? Crypto…how does one ‘trustee’ this new asset class? How does one inherit a Crypto? What evidence might a tax audit or indeed a court wish to see? How does an initial coin offering work?
Continuing the theme of yesterday afternoon, various industry experts look at different asset classes and point out the common issues and pitfalls from their own unique perspectives which all trustees should be alive to:
What are the pitfalls of holding these kinds of assets in a trust? Traps for the unwary trustee…
The pitfalls and problems in holding Operating businesses as trust assets.