Agenda (Day 2) 2018

Mastering the wave of change

1st February 2018

Congress Centre Kursaal, Interlaken, Switzerland.

BREAKFAST AND NETWORKING

Kindly sponsored by Baker McKenzie Link

CHAIR'S OPENING REMARKS

INTERNATIONAL RECOGNITION OF CH & FL STRUCTURES

  • Why Switzerland is attractive to set-up and run a foundation?
  • What are the options - structures - given to donors in Switzerland while reflecting on their giving?
  • What makes Switzerland particularly attractive for private donors ?
  • What are the prerequisites for tax exemption.
  • Why are there hardly any family foundations in Switzerland?
  • How are FL foundations treated in Switzerland (both charitable and family)?
  • How foreign courts have pierced the veil of Liechtenstein foundations on public policy grounds (OLG Stuttgart and Düsseldorf), and how to avoid that in the future.
  • The recognition of trusts by the EU Court of Justice and what trustees need to pay attention to in order to be able to invoke the freedom of establishment, or free movement of capital.
  • In what context is it better to use trusts or foundations or nothing at all...?

Etienne Eichenberger - Co-Founder and Managing Partner, WISE - Philanthropy Advisors

Johannes Gasser - Partner, Gasser Partner

Natalie Peter - Managing Partner, Staiger Attorneys at Law Ltd

 

WHEN CAN TRANSPARENCY GO WRONG ? HOW WILL YOUR DATA BE USED ?

 

  • Swiss Principle of Specialty; how can its adherence be ensured? What will it take for an AEOI agreement to be suspended?
  • Swiss Finish on adopting a "control mechanism" for certain AEOI agreements; what can be expected?
  • Terms of reference on confidentiality by the OECD's Global Forum; are they failing taxpayers?
  • What's the reality on the ground in LatAm, Russia and elsewhere?
  • To what extent do data leaks, hacking, infiltrations matter?
  • Company and Trust registers; not (yet) publicly accessible.
  • Attempting to solve the problem of tax evasion but creating multiple more serious problems, including human rights violations?
  • Elephants in the room.

Hans-Joachim Jaeger - Partner, EY

Klemens R Zeller - Executive Director, Wealth Advisor, JP Morgan, Geneva

Tatiana Menshenina - Partner, Withers LLP

NETWORKING AND REFRESHMENTS

Kindly sponsored by Accuro Trust (Switzerland) AG

TAX REGULARISATION IN 2018

  • Is it too late anyway for tax regularisation now that CRS data exchange is here ?  If you have not declared, what can you do, if anything?
  • The historic bank data that can be obtained by tax authorities and what to  expect when they have it.
  • How to negotiate.
  • What if your client has lied to you ?

Juerg Birri - Partner/Head of Legal Switzerland and Global Head of Legal, KPMG

Stephane de Lassus - Partner, Charles Russell Speechlys

Gerd Kostrzewa - Partner, Heuking Kuehn Luer Wojtek

Richard Morley - Partner, BDO LLP

 

LUNCH AND NETWORKING

DIGITAL LEGACY

  • What are digital assets, who "owns" them and how can they be passed on to heirs (if at all) ?
  • Financial assets such as PayPal accounts, virtual bank accounts, online gaming accounts, bitcoin;
  • Social media accounts and websites;
  • E-books/audio-books;
  • Music and movies;
  • Photos or personal movies stored in the cloud.
  • Planning considerations for loss of capacity and death.

Patrick Schmutz - Attorney-at-Law, Vallucci & Schmutz AG

Nicolas Capt - Attorney-at-Law (Geneva and Paris), CAPT & WYSS Attorneys 

HELP, GET ME OUT OF HERE ! CHOICE OF CITIZENSHIP ?

  • Conceptual framework: Foreign investment vs.residence planning vs. citizenship planning
  • Why has citizenship planning become so relevant?
  • Why moving out? What are the most relevant triggers?
  • What countries offer the most interesting residence-by-investment options?
  • Latest trends in residence and citizenship planning
  • Risks of non-recognition? Requirement for “effective citizenship”? Multi-citizenship issues
  • Meaning and significance of the concept of citizenship in the 21st century

James Corbett QC LL.M. (Exeter) TEP - Senior Counsel, Kobre & Kim (UK) LLP

Dr Guillaume Grisel, LL.M. (Cambridge), Ph.D., TEP - Partner, Bonnard Lawson. Committee Secretary to the Swiss & Liechtenstein STEP Federation, Chairman of STEP Lausanne

Dr Peter Krummenacher - Partner, Henley & Partners Switzerland AG

 

NETWORKING AND REFRESHMENTS

Kindly sponsored by Dohle Corporate and Trust Services Limited

GREAT DEBATE - HOW TO PLAN IN UNCERTAINTY ?

  • What are the new challenges?
  • What are the expectations of generation Y and Z clients?
  • What will be the profile of the adviser in 10 years' time?
  • From KYC to UYC?
  • Will Switzerland remain a premier wealth management jurisdiction?
  • Do Swiss service providers need to change?
  • Will life assurance, foundations or other structures eclipse trusts?
  • Should clients use service providers or product providers (whether automated or not!)?  

Mark Barmes - Partner, Lenz & Staehelin

Lyubomir Georgiev - Partner, Baker McKenzie Zurich

Charles Gothard - Partner, Macfarlanes

Christian Rockstroh - Partner, swisspartners 

 

CONCLUSION AND CLOSING REMARKS