trusts and trustees in malta - Castille Institute
TRUSTS AND TRUSTEES IN MALTA GENERAL INFORMATION
COURSE OVERVIEW
Date: 12TH October 2017 Time: 3.30pm to 6.30pm Venue: Casa Leone, Pjazza Robert Sammut - Floriana
TARGET AUDIENCE Individuals/Entities interested in setting up their own Trust/Foundation/Charity Trustees and other fiduciaries Corporate service providers Audit and accountancy professionals Legal and notarial professionals Financial services operators Pension operators Students All other persons who wish to receive up-to-date information on this subject. LEVEL OF EXPERIENCE - KNOWLEDGE Beginner / Medium / Advanced
Over the past decade, the financial services industry in Malta has worked hard to establish itself as a trust jurisdiction worthy of serious consideration due to its comprehensive regulatory and legal framework, the expertise of service providers, the tax environment and its judiciary. The Trusts and Trustees Act has and keeps providing a commendable platform for the creation of different forms of trusts (and foundations) and for the adequate authorisation and supervision of trustees. The trust vehicle is an important alternative to the traditional concepts we are used to work with and it is not to be underestimated in its validity or effectiveness. Whilst making sure that the most salient definitions are well understood, the aim of this seminar will outline the different aspects and mechanics of the Act, highlighting the most important features in the creation, life-time and eventual termination of a trust.
PROGRAMME 3.00pm
Welcome Coffee & Registrations
3.30pm
PART 1 Brief overview of the main definitions and notions Identification of the different forms of trusts available at Law The Legal Context Classifications An in-depth discussion of the duties and Powers of the Trustee
• • • • •
5.00pm
Coffee Break
5.15pm
PART 2 The role of the Beneficiary An understanding of the authority and powers afforded to the Courts and to MFSA A foreword on MFSA’s Code of Conduct MFSA's Rules for Trustees of Family Trusts An outline on Private Trusts and Notarial Procedure Concluding Remarks
• • • • •
6.30pm
SPEAKER – DR Stefan Berry
Stefan is a lawyer by profession, with a specialization in EU Commercial Law and over 15 years’ experience in the financial services industry. He commenced his career at Pricewaterhouse Coopers and later joined Lombard Bank Malta plc, where he setup the Compliance, Risk Management and MLRO functions. He later on moved on to Middlesea Insurance plc (part of the Mapfre Group, Spain), wherein he provided Compliance and Company Secretarial services to Maltese insurance and reinsurance companies pass porting in the European Union. Stefan is currently Company Secretary, Compliance Officer and MLRO at Novum Bank Ltd (part of Ramphastos Investments N.V., Netherlands) a Maltese credit institution that passports innovative banking products into other EU Member States.
castilleresources.com
TRUSTS and TRUSTEES in MALTA (12th October ) – Registration Form Registration & Payment Methods Call to reserve a seat on: +356 20933210
Complete, scan and e-mail to: [email protected]
Write a cheque payment to: Castille Staffing Limited Mail to: Castille Institute Casa Leone, Pjazza Robert Sammut, Floriana FRN 1200
Bank Transfer in Euro Denomination: HSBC Bank A/C – Castille Staffing Ltd IBAN: MT64 MMEB 4433 6000 0000 3330 7133 001 Swift: MMEB
Delegate(s) Personal Details 1st DELEGATE
Mr/Mrs/Ms Job Title Company Address Telephone Email
2nd DELEGATE
Mr/Mrs/Ms Job Title Company Address Telephone Email
3rd DELEGATE
Mr/Mrs/Ms Job Title Company Address Telephone Email
Fee, Terms & Conditions
= Eur 140 per delegate
The registration fee includes participation to the course, coffee break(s), lunch and distributed material. All bookings are considered binding on receipt of the signed booking form, followed with an Invoice. Please note that payment must be received prior to start of the training session, otherwise settlement must be made within 30 days from the issue of the invoice. Cancellation – Cancellations made within five (5) working days prior to commencement date of each course will not be accepted and the fees will not be refunded. Substitutions are welcome at any time without any additional charge. Disclaimer – Castille reserves the right to change or cancel any part of its published services in its entirety due to unforeseen circumstances without penalty. You agree not to copy any of the published material without Castille written consent. You are required to have read and understood these terms and conditions before signing this registration form. Data Protection – The information you provide will be safeguarded by Castille and will mainly be used to keep you informed of relevant products and services. We are committed to ensure the privacy of individuals in relation to personal data confidentiality. The contact or other information obtained will in no circumstances be disclosed to third parties except to Castille Staff Members engaged in providing you with information about upcoming news, events, services and offers. The data protection terms and any dispute arising out or in connection with the data protection, shall be governed by and construed in accordance with the Laws of Malta
COURSE OVERVIEW
Date: 12TH October 2017 Time: 3.30pm to 6.30pm Venue: Casa Leone, Pjazza Robert Sammut - Floriana
TARGET AUDIENCE Individuals/Entities interested in setting up their own Trust/Foundation/Charity Trustees and other fiduciaries Corporate service providers Audit and accountancy professionals Legal and notarial professionals Financial services operators Pension operators Students All other persons who wish to receive up-to-date information on this subject. LEVEL OF EXPERIENCE - KNOWLEDGE Beginner / Medium / Advanced
Over the past decade, the financial services industry in Malta has worked hard to establish itself as a trust jurisdiction worthy of serious consideration due to its comprehensive regulatory and legal framework, the expertise of service providers, the tax environment and its judiciary. The Trusts and Trustees Act has and keeps providing a commendable platform for the creation of different forms of trusts (and foundations) and for the adequate authorisation and supervision of trustees. The trust vehicle is an important alternative to the traditional concepts we are used to work with and it is not to be underestimated in its validity or effectiveness. Whilst making sure that the most salient definitions are well understood, the aim of this seminar will outline the different aspects and mechanics of the Act, highlighting the most important features in the creation, life-time and eventual termination of a trust.
PROGRAMME 3.00pm
Welcome Coffee & Registrations
3.30pm
PART 1 Brief overview of the main definitions and notions Identification of the different forms of trusts available at Law The Legal Context Classifications An in-depth discussion of the duties and Powers of the Trustee
• • • • •
5.00pm
Coffee Break
5.15pm
PART 2 The role of the Beneficiary An understanding of the authority and powers afforded to the Courts and to MFSA A foreword on MFSA’s Code of Conduct MFSA's Rules for Trustees of Family Trusts An outline on Private Trusts and Notarial Procedure Concluding Remarks
• • • • •
6.30pm
SPEAKER – DR Stefan Berry
Stefan is a lawyer by profession, with a specialization in EU Commercial Law and over 15 years’ experience in the financial services industry. He commenced his career at Pricewaterhouse Coopers and later joined Lombard Bank Malta plc, where he setup the Compliance, Risk Management and MLRO functions. He later on moved on to Middlesea Insurance plc (part of the Mapfre Group, Spain), wherein he provided Compliance and Company Secretarial services to Maltese insurance and reinsurance companies pass porting in the European Union. Stefan is currently Company Secretary, Compliance Officer and MLRO at Novum Bank Ltd (part of Ramphastos Investments N.V., Netherlands) a Maltese credit institution that passports innovative banking products into other EU Member States.
castilleresources.com
TRUSTS and TRUSTEES in MALTA (12th October ) – Registration Form Registration & Payment Methods Call to reserve a seat on: +356 20933210
Complete, scan and e-mail to: [email protected]
Write a cheque payment to: Castille Staffing Limited Mail to: Castille Institute Casa Leone, Pjazza Robert Sammut, Floriana FRN 1200
Bank Transfer in Euro Denomination: HSBC Bank A/C – Castille Staffing Ltd IBAN: MT64 MMEB 4433 6000 0000 3330 7133 001 Swift: MMEB
Delegate(s) Personal Details 1st DELEGATE
Mr/Mrs/Ms Job Title Company Address Telephone Email
2nd DELEGATE
Mr/Mrs/Ms Job Title Company Address Telephone Email
3rd DELEGATE
Mr/Mrs/Ms Job Title Company Address Telephone Email
Fee, Terms & Conditions
= Eur 140 per delegate
The registration fee includes participation to the course, coffee break(s), lunch and distributed material. All bookings are considered binding on receipt of the signed booking form, followed with an Invoice. Please note that payment must be received prior to start of the training session, otherwise settlement must be made within 30 days from the issue of the invoice. Cancellation – Cancellations made within five (5) working days prior to commencement date of each course will not be accepted and the fees will not be refunded. Substitutions are welcome at any time without any additional charge. Disclaimer – Castille reserves the right to change or cancel any part of its published services in its entirety due to unforeseen circumstances without penalty. You agree not to copy any of the published material without Castille written consent. You are required to have read and understood these terms and conditions before signing this registration form. Data Protection – The information you provide will be safeguarded by Castille and will mainly be used to keep you informed of relevant products and services. We are committed to ensure the privacy of individuals in relation to personal data confidentiality. The contact or other information obtained will in no circumstances be disclosed to third parties except to Castille Staff Members engaged in providing you with information about upcoming news, events, services and offers. The data protection terms and any dispute arising out or in connection with the data protection, shall be governed by and construed in accordance with the Laws of Malta
