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 TEP - Chairman, Swiss & Liechtenstein STEP Federation

 

WELCOME FROM STEP WORLDWIDE

David Russell AM RFD QC TEP - Deputy Chair, STEP Worldwide

CHAIR'S OPENING REMARKS

Andrew McCallum TEP - Chairman, Swiss & Liechtenstein STEP Federation

KEYNOTE ADDRESS - THE POWER OF HUMANITY

 
Mr Sy will explore the direction of humanitarianism in a world of unprecedented humanitarian need, and look at the how new partners, new sources of funding and new approaches align with old needs and old ways, and the principle of humanity which has been at the heart of the Red Cross Red Crescent Movement since the 19th Century.

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 TEP - Partner, Mishcon de Reya LLP (Moderator)

David Russell AM RFD QC TEP - 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 ordinances
  • Timeline for implementing the new framework
  • Impact on small trust companies and PTCs
  • Consequences for single family offices
  • 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 -  Attorney at law, Geneva

Richard Grasby TEP - 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 TEP - 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

DRINKS RECEPTION - VICTORIA JUNGFRAU

Kindly sponsored by swissPartners Marcuard Heritage AG

GALA DINNER - VICTORIA JUNGFRAU INCLUDING THE SWISS & LIECHTENSTEIN STEP FEDERATION STUDENT AWARDS

Kindly sponsored by Schellenberg Wittmer Ltd