Agenda (Day 1)

Mastering the wave of change – International private client services: A coin with two sides

17th January 2019

Congress Centre Kursaal, Interlaken, Switzerland.

REGISTRATION, BREAKFAST AND NETWORKING

Kindly sponsored by Butterfield Trust (Switerland) Limited

WELCOME FROM SWISS & LIECHTENSTEIN STEP FEDERATION

Andrew McCallum - Chairman, Swiss & Liechtenstein STEP Federation

 

WELCOME FROM STEP WORLDWIDE

David Russell AM RFD QC -Deputy Chair, STEP Worldwide

CHAIR'S OPENING REMARKS

Andrew McCallum - Chairman, Swiss & Liechtenstein STEP Federation

KEYNOTE ADDRESS

Elhadj As Sy - Secretary General, International Federation of Red Cross and Red Crescent Societies

QUO VADIS TRUST BUSINESS ? POSITIVE OR NEGATIVE PARADIGM SHIFT ?

  • Trust business and media attention - information and disinformation in the age of transparency
  • Wealth equality, redistribution and concentration - where next for governments and families ?
  • Transparency - accountability vs voyeurism
  • Increased regulation - a useful instrument or unproductive cost ?
  • Trustees and fiduciaries - back to the future ?
  • From provider to advisor - different business model needed ?

Count Francis von Seilern-Aspang - Managing Partner, Chairman of Executive Committee, Industrie- und Finanzkontor Ets., Wealth Preservation Experts

Filippo Noseda - Partner, Mishcon de Reya LLP (Moderator)

David Russell AM RFD QC - Barrister, Outer Temple Chambers

 

LUNCH

CHAIR'S OPENING REMARKS

DATA EXCHANGE - ITS FATE AND ITS RISKS

  • Why is CRS a game changer?
  • EU treaties engaged
  • Mutual legal assistance 
  • Mutual administrative assistance 
  • Categories of information which can be requested
  • Roles of the agencies involved e.g. Interpol Eurojust
  • Hurdles which HMRC still need to surmount 
  • Best practices to improve data security
  • The importance of automating data flow mapping for GDPR compliance

Tessa Lorimer - Consultant, Withers LLP (Moderator)

David Walbank QC, Barrister, Red Lion Chambers

Dr Cristian Zamfir - Co-Founder, Cyberhaven

 

NETWORKING & REFRESHMENTS

Kindly sponsored by Schroder & Co Bank AG

LATEST DEVELOPMENTS ON THE REGULATORY FRONT

  • Financial Services and Institutions Acts
  • Latest update on the recently published ordinance
  • Impact on small trust companies and PTCs
  • Consequences for single family offices
  • Timeline for implementing the new framework
  • SOWT update
  • Considering other options ?  Hong Kong, Cayman and BVI licensing regimes

David Wallace Wilson TEP M.C.J. (NYU) - Partner, Schellenberg Wittmer Ltd (Moderator)

Fabianne de Vos Burchart TEP - PhD Fellow, Centre for Banking and Financial Law, University of Geneva

Richard Grasby - Member, STEP HK Executive Committee

BLOCKCHAIN AND CRYPTOCURRENCY: TO WHAT EXTENT IS IT RELEVANT FOR TRUSTEES ? WHAT DO WE NEED TO KNOW ABOUT IT ?

  • What is a cryptocurrency? What is Bitcoin?

  • The Blockchain: What is it for and what is it not for?

  • What is a token and how can it be stored?

  • Why is this relevant to STEP members?

  • Holding cryptocurrencies in Trust: some thoughts and some analysis

  • Some jurisdiction-specific comments – where are we on laws and regulations?

  • Due diligence on crypto-wealth?

David Cooney - Partner, Charles Russell Speechlys (Moderator)

Dr Luka Muller-Studer LL.M. - Legal Partner, MME Legal | Tax | Compliance

Philipp Buchel - Founder, Blockchain Buro, Liechtenstein

DAY 1 - ROUND-UP

SWISS & LIECHTENSTEIN STEP FEDERATION - STUDENT AWARDS

DRINKS RECEPTION - VICTORIA JUNGFRAU

Kindly sponsored by swissPartners Marcuard Heritage AG

GALA DINNER - VICTORIA JUNGFRAU

Kindly sponsored by Schellenberg Wittmer Ltd