Best practices in Trust & Company Management Seminar
We are happy to invite you to the seminar on Best Practices in Trust & Company Management that was organised in conjunction by GACO, ATCOM Gibraltar and STEP Gibraltar and that has been set up and will be delivered by CLT International Limited and their designated speaker John Harper, FCA, FCIS, FCMI, F.Inst.TT, TEP.
A Scorpio Research conducted in 2016 identified 6 major challenges for the Trust and Company Management Industry: (1) Cost Management/Business Profitability/Consolidation and Polarisation,(2) Emergence of new operating models, (3) Cross Border Complexities and Regulation, (4) Demand for Talent, (5) Operational Excellence/Efficiency in Administration given margin pressure and (6) Models that can support business growth.
Clients generally expect to see structures getting more customised given their evolving needs, cross-border assets and movement, reporting obligations and the impact on them of the regulatory dynamics. Yet complex structures are not necessarily appropriate. What fiduciaries need to provide, therefore, is a combination of a tailored approach, a high degree of personalisation, an educated staff knowledgeable about country specifics, close coordination with legal and tax advisers, and confidence that clients are in safe hands.
Fiduciary Services (Trust & Company Management Services) are a strong economic pillar in Gibraltar, and different from other jurisdictions, a regulated financial activity in Gibraltar. With all the ongoing changes happening (from FATCA to CRS, Public UBO registers, 4AMLD, 5AMLD, etc.) we found that it would be timely to provide you with this one day seminar around best practices for Trust and Company Managers and assist you in navigating through the current and future challenges that the industry might be facing.
We look therefore forward to welcome as many of you to this very interesting 1 day seminar. Please make your registration arrangements as soon as possible as places are limited.