INTERNATIONAL PRIVATE CLIENT
Family Office Series
2 Mar 2022
Family Office Privacy
In this Wealth Talks, Family Office Privacy will be considered in light of recent international developments aimed at achieving greater levels of disclosure and transparency of internationally held private wealth.
The following key initiatives will be considered in detail, applied to a hypothetical multi-jurisdiction Single Family Office:
(a) Public Beneficial Ownership Registers;
(b) Opaque Offshore Structures;
(c) Mandatory Disclosure Rules;
(d) Economic Substances Rules;
(e) Common Reporting Standard (CRS);
(f) Foreign Account Tax Compliance Act (FATCA).
Developments in the principal offshore and investment jurisdictions will be taken into account, including:
(a) Cayman Islands and British Virgin Islands;
(b) Jersey, Guernsey and Isle of Man;
(c) United States of America;
(d) European Union; and
(e) United Kingdom.
The webinar will concentrate on the practical impact of recent developments, what professional advisors and wealth planners will need to take into account in advising family office clients, legitimate steps that may be taken to protect the privacy and security of at risk clients and the long term implications to the international private wealth industry.
Specific cyber security risks will also be discussed, highlighting areas of increased vulnerability and steps that can be taken to enhance family office cyber security.
Group Head of Private Wealth,
Regional Managing Director, Cyber Security & Investigations,
Kroll, Hong Kong
Bedell Cristin, Jersey
Butler Snow, Singapore
Head of Private Wealth,
Managing Director, Cyber Risk,
Meet the Speakers:
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EXPLORE WEALTH TALKS
Governance & Succession
Family Office Series
The Governance & Succession series of talks is designed to bring together industry experts to explore the challenges and opportunities faced by business families when considering governance and succession to the family business.
The emergence of the Single Family Office is also explored, along with the need for families as well as business professionals to understand the need for robust family office governance and succession plans.
Private Client Series
The private client series of talks bring together senior industry practitioners to gain insight and understanding on legal, tax and private wealth issues facing HNW individuals and clients across Asia, particularly in light of the continuing COVID-19 crisis.
In each talk, we shall consider the application of one country's divorce, succession and matrimonial property laws both within the country and also where there is an International element.