2014 Delegate Supplement

Transcription

S
ER
D
SUPPLEMENT SPONSORED BY:
V I C E S LT
CC14
CARIBBEAN
CONFERENCE
MAY 12-14, 2014
ATLANTIS PARADISE ISLAND, BAHAMAS
EXPLORING THE
POSSIBILITIES
A SPECIAL THANKS
TO OUR SPONSORS
CC14
CARIBBEAN
CONFERENCE
MAY 12-14, 2014
PRESENTING SPONSOR
COCKTAIL RECEPTION
CO-SPONSORS
NASSAU LECTURE SPONSOR
PORTFOLIO SPONSOR
GOLD SPONSORS
SILVER SPONSORS
pantone 202 C
CONFERENCE SUPPLEMENT
SPONSOR
S
ER
D
INTERNET CAFE SPONSOR
V I C E S LT
LANYARD SPONSOR
SPEAKER GIFT SPONSOR
TOTE BAG SPONSOR
BREAKFAST SPONSORS
FLASH DRIVE SPONSOR
LUNCH SPONSOR
MEDIA SPONSORS
COFFEE BREAK SPONSORS
EXHIBITOR SPONSORS
powerful AML e-learning
STEP TOP STUDENT AWARD
SPONSOR
STEPCARIBBEANCONFERENCE.COM
4
A MESSAGE FROM
THE HON. L. RYAN PINDER
MINISTER OF FINANCIAL SERVICES
On behalf of the Government of The Commonwealth of The Bahamas,
I wish to extend a heartfelt welcome to all delegates and distinguished
presenters to this STEP Caribbean Conference.
This Government considers the Society of Trust and Estate Practitioners
as a valued partner in the promotion and development of the financial services industry in The Bahamas. Additionally, this Government is
deeply committed to engaging in public-private partnerships. This collaborative approach will ensure that The Bahamas maintains its position
and reputation as a preeminent international business centre.
The Ministry of Financial Services is pleased to participate in this STEP
Caribbean Conference as the presenting sponsor under the theme “Exploring Possibilities”. The thematic focus of this conference is a timely
one given the inherent nature of the financial services industry. In order
to maintain The Bahamas’ competitiveness in this ever evolving industry,
the government must always be forward looking; gauging the existing
global marketplace and its current conditions with a view to being flexible and capable of creating policies and initiatives that will allow the
industry to address any challenges that it may face with the global financial landscape.
This Government takes a comprehensive approach to ensuring that The
Bahamas is able to take advantage of new possibilities that will enhance and further develop the Bahamas’ second most important pillar
of the economy.
The Bahamas also is constantly reviewing its regulatory regimes to ensure that it is in keeping with international standards while simultaneously giving the industry the flexibility to be innovative and one step ahead
of the competition.
I look forward to engaging with each and every one of you during the
course of this Conference. I am certain that the caliber of presenters and
the opportunity to share and learn from each other’s experience and
perspectives will forge new paths to new possibilities within the financial
services sector.
The Hon. L. Ryan Pinder
Minister of Financial Services
Dear Delegates:
After making history last year, it seems that I am doing so once again! I am not with you in Nassau this year because I am
fulfilling another commitment as STEP Chair by attending STEP South Africa which unfortunately clashes with STEP Caribbean
this year. With a full roster of STEP events around the world, it is inevitable that despite everyone’s best efforts these clashes
do occur from time to time. It is the first time that I will not attend the Caribbean Conference but I am reassured that the STEP
Executive is well represented by Deputy Chair John Lawrence.
I know that the Bahamas Committee have planned an exciting programme for you that will not only meet but exceed
the standards that we have set for the conference in the past. As trust and estate practitioners around the world face the
continuing and even burgeoning challenges of meeting new global standards on compliance, it is appropriate that many of
the conference presentations will focus on strengthening your competence in this regard. Several well-regarded international
personages will address different aspects of the challenges and offer key insights into how international finance centres
should be positioning themselves as we face the introduction of FATCA and Global Forum reporting requirements.
STEP Worldwide has set itself the mission of making the TEP brand the gold standard of the profession globally, and as part
of that mission has committed to supporting members everywhere by keeping us all well informed and better equipped to
carry out in our own jurisdictions the role of liaising with our governments as they develop national strategies for meeting their
international obligations in these matters.
It is trite but true to say that these are challenging times. The results of the STEP 2012 survey have been instructive. Globally
members want more and better education offering and more support for their careers and profession. Many are asking
that STEP become a promoter and facilitator. Many more accept that STEP may well need to become a regulator of sorts
providing more comprehensive disciplinary and enforcement mechanisms for those members of the profession who are
possibly not already regulated in some other way. None of this work is possible without many hours of volunteer service on
the part of STEP Members everywhere. In the Caribbean and Latin America we find that there are many volunteers who work
very hard to make STEP a success and commend especially the STEP Caribbean Conference Steering Committee who put on
this superb conference that always leaves us re-energised for the challenges ahead.
Have a wonderful time in Nassau! I will miss you all!
Hélène Anne Lewis
Chair, STEP Worldwide
Society of Trust and Estate Practitioners,
Artillery House (South), 11 - 19 Artillery Row
London SW1P 1RT UK
Tel: +44 (0)20 7340 0500
Fax: +44 (0)20 7340 0501
www.step.org
A comprehensive
range of legal services
Lennox Paton is a leading offshore, full service
commercial law firm with offices in Nassau,
The British Virgin Islands and London.
• Banking & Finance
It is widely recognized for its expertise, professionalism,
responsiveness and commitment to excellence.
• Corporate & Commercial
The firm has a wealth of experience in representing high net
worth individuals and their advisers worldwide in relation to
complex estate planning using trusts, foundations, private trust
companies and holding companies.
• Investment Funds & Securities
• Litigation
• Insolvency & Restructuring
• Trusts & Foundations
• Private Client
• Shipping
The firm also represents a number of trust companies and
advises regularly on the drafting of trust structures and variations
thereto, as well as on matters relating to the construction of
trust deeds and the administration of trusts.
The litigation team has extensive experience in representing
beneficiaries, settlors and trustees in a wide range of high value
trust disputes as well as asset tracing claims.
For more information about the
services Lennox Paton provides,
please visit
Lennox Paton is recommended by Chambers Global
and is recognised as a Tier 1 law firm by IFLR.
www.lennoxpaton.com
CC14
CARIBBEAN
CONFERENCE
MAY 12-14, 2014
It is with much pride and enthusiasm along with the Steering Committee that I welcome each and every one of you to this
our STEP Caribbean Conference’s 16th annual conference.
It was ten years ago that we as a jurisdiction welcomed STEPCC to our beautiful island nation. We are proud to say that the
STEP Caribbean’s inaugural event was held in the Bahamas in 1989, by visionaries who saw the impact and potential that
such a conference would bring to the region and globally to the industry. To them we say “Thank you” for the vision!
The chosen theme for this year’s conference “Exploring the Possibilities” allows us to share with you Solid Solutions to
sustain your business, to grow and to diversify during this demanding and ever challenging period. The cross section
of solutions that will be proposed “will bring a new view and a whole new world of possibilities for the Trust world both
regionally and globally”.
Throughout the course of the three days of this conference you will be exposed to dynamic world changers from the
Caribbean, Latin America, US, UK and Europe. Insight into the perception of the region by global bodies, challenges faced
by IFCs, the “new” transparency in doing business, reporting mandates and the solutions to wade through them will all
be covered. Technology, this quick paced giant which impacts our lives every day, will be dissected as to its effects on the
industry and on our daily interaction with clients. We will explore how we respond to real physical threats in the course of
our business! What do we do? To all of our renowned speakers and presenters, Welcome!
STEP Caribbean has built for itself a reputation of bringing together leaders in the financial world. Legal, Banking,
Accounting, Finance and of course Trust professionals come together again creating an environment for networking, which
has become as prominent a part of this conference as our dynamism. Say hello to old friends and make new ones! We say
to all our sponsors and delegates new and old Welcome!
STEP CC however is never complete without its unforgettable and entertaining social events. In The Bahamas we pride
ourselves in giving our “best” to show our guests as we say in The Bahamas “a good time”. We invite you to join us
in an evening at “Blue Lagoon” where you will be ferried away to your private island for an evening of lively calypso
entertainment ending the night with a “junkanoo” rush out. Enjoy the experience of hearing and seeing local culture on
display during an evening with the Bahamas Financial Services Board and our Association of International Banks and Trusts.
Relax and kick your shoes off after the rigors of the day! I invite you to take a few additional days and explore the family of
islands that are truly diverse and make up this archipelago known as The Bahamas.
I extend my personal “thank you” to this year’s hardworking Steering Committee and our Marketing team at Springstreet,
without whose devotion and commitment this conference would not enjoy the resounding success it continues to have. The
voluntary time and dedication of the Committee continue to make STEPCC the undisputed “conference of choice” within
the region.
To one and all WELCOME!!!
Dianne Bingham
STEP CC14 Chair
9
CC14
CARIBBEAN
CONFERENCE
MAY 12-14, 2014
TABLE OF CONTENTS
Schedule......................................................................................................................................... 13-22
Speakers......................................................................................................................................... 23-40
STEP Committee............................................................................................................................ 42-53
Emeritus Members.............................................................................................................................. 55
S
ER
10
STEP Caribbean Conference 2014 : Exploring The Possibilities
D
V I C E S LT
Atlantis Paradise Island, Bahamas
11
IFC Media
Forthcoming Publications
IFC ECONOMIC REPORT – ISSUE 4 – SUMMER 2014
Initially created to represent the international financial services industry and to document the crucial role
played by IFCs in the global movement of wealth, the IFC Economic Report has quickly established itself as a
voice and educator for the industry.
Bringing together leading industry figures, academics, research bodies and supra nationals such as the IMF,
OECD & EU, the IFC Economic Report provides a platform for constructive debate on the major issues facing
the wealth management industry.
We develop a thorough understanding of IFCs and their place within the global financial architecture through
a series of analytical articles, incisive commentaries, practical case studies and in depth interviews. All this is
supported with detailed industry and academic research reports and comprehensive analysis of the latest best
practice structuring techniques.
With content that spans the entire spectrum of opinion on the ‘offshore industry’, the IFC Economic Report
has rapidly become a must read for all senior professionals involved in offshore finance.
Publishing date: Summer 2014
IFC CARIBBEAN 2015
Caribbean financial centres have been described as the ‘plumbing’ of the global economy, they have
been integral to the efficient flow of wealth throughout the established financial marketplace, but more
significantly have proven to be key in the development of the emerging economies.
IFC Caribbean examines the function of the offshore centres in the region, illustrating their practical
application with detailed case studies, interviews and commentary from the professionals either working
in the Caribbean or using the elite financial services available there, and the politicians and regulators
directly responsible for creating and promoting such a competitive financial environment.
Now in its fourth year, the IFC Caribbean has established itself as the region’s industry-leading
publication, with regulatory and legislative updates together with analysis on economic developments.
Jurisdictions in profile include: BVI, Cayman Islands, the Bahamas, Barbados and Bermuda.
Publishing date: September 2014
For further information contact
Professional listings: directories@ifcreview.com
Editorial: Ciara Fitzpatrick - ciara@ifcreview.com
Telephone: +44 207 692 0932
Subscriptions: subscriptions@ifcreview.com
Fax: +44 207 692 0933
Display advertising: ads@ifcreview.com
www.ifcreview.com
SCHEDULE
CC14
CARIBBEAN
SUNDAY, MAY 11
CONFERENCE
MAY 12-14, 2014
TH
1:00pm - 4:00pm
Exhibitor Set Up - Exhibitor Hall
4:00pm - 6:30pm
Early Registration - Exhibitor Hall
Come pick up your nametag for the Sunday Launch Event.
6:30pm - Cocktails
7:15pm - Dinner Awards Ceremony - Dinner and Cocktails
This marks the third year that STEP CC has recognized the Top STEP Diploma Student in the
Caribbean and Latin American Region. The recipient of this Award would have achieved the highest
average grade covering all papers for the STEP Diploma in International Trust Management for the
period February 2013 – February 2014. This student completed the diploma
STEP Top Student Award
during the past year and is now entitled to full membership in STEP. The
Sponsored by
deserving recipient receives complimentary attendance to the STEP CC
14 conference, hotel accommodation and flight plus a beautiful trophy to
commemorate this achievement.
This Award has been kindly sponsored by CLT (Central Law Training) which
is home to the STEP Diploma, the gold standard in the Trust and Estates
industry.
8:30pm - Award Ceremony
followed
by Evening Speaker
The Wisdom of Psychopaths
Kevin Dutton - Author
Join us as we answer the question - Are you a psychopath?
Kevin Dutton, our evening speaker, is an expert on the science of social influence. He is a research
psychologist and honorary affiliated member of the Calleva Research Centre for Evolution and Human
Sciences, Magdalen College, University of Oxford.
www.kevindutton.co.uk
MONDAY, MAY 12TH
7:45am - 8:30am
Registration, Continental Breakfast and Meet the Sponsors
8:30am - 9:00am
Opening Remarks
The Honourable Perry G. Christie, Prime Minister of The Bahamas
John Lawrence, STEP Worldwide Deputy Chair
Dianne Bingham, STEP CC14 Conference Chair
9:05am - 9:55am
The Nassau Lecture - Global Shell Games: Experiments in Transnational Relations
Jason Sharman, Griffith University
Sponsored by
International Finance Centres have been overwhelmed by the
rapid fire regulatory demands of the OECD, EU, FATCA, FATF but
what are the real strengths and weaknesses of both current and
planned international standards and policing mechanisms. Jason
Sharman, Griffith University will discuss the outcomes of his extensive research in this area.
Sponsored by
Presenting Sponsor
13
International Trusts
& Private Client
An integrated global team of draftsmen,
advisors and litigators with more
recommendations in the Citywealth Leaders’
Lists than any other offshore law firm.
Local expertise.
International reputation.
BVI | CAYMAN ISLANDS | GUERNSEY | HONG KONG | JERSEY | LONDON
14
For further details contact Morven McMillan,
Partner and Head of International Trusts and
Private Client, Cayman Islands on +1 345 949 4123
morven.mcmillan@mourantozannes.com
mourantozannes.com/itpc
MONDAY, MAY 12TH continued...
9:55am - 10:45am Power and Politics: How Small State IFCs Should Respond to Recent G20 and OECD Initiatives
Prof. Avinash Persaud, Intelligence Capital
The G20 and OECD are clubs of big countries and rich countries that routinely come up with initiatives
that are wrapped up in the language of clamping down on tax avoidance and money laundering which
disproportionately discriminate against small states. Should small state IFCs defy and be blacklisted,
comply and be uncompetitive or is there a third way?
Automatic Information Exchange - Keeping Global Markets Safe
Donal Godfrey, OECD
What do the G20 want and why? OECD Deputy Head of the Global Forum Secretariat,
Donal Godfrey presents the case for the agenda of the international organisations.
Delegates will be invited to text questions to the moderator.
Moderator: Wendy Warren, Caystone Solutions Ltd.
10:45am - 11:15am
Coffee Break and meet the Sponsors
Sponsored by
11:15am - 12:00pm
Probate and Estate
Paul Webster QC, O’Neal Webster
Jack Husbands, Walkers
All good things must come to an end. The ultimate test of whether or not a will or trust has been
properly constituted is when it is the subject of litigious dispute after the Testator or Settlor has passed
on. Jack Husbands of Walkers and Paul Webster of O’Neal Webster examine various scenarios, along
with relevant case studies and examples, where estate property has been contested under contentious
probate proceedings.
12:00pm - 1:15pm
Lunch
Sponsored by
BREAKOUT SESSION - CHOOSE ONE OF THE THREE
1:15pm - 2:05pm
(these sessions
will not repeat)
1 FATCA
Lawrence Lewis, Deloitte
Now that we know why and when, it’s time to concentrate on how. Have you ascertained your US
connected clients? Have you drafted a compatible software system? Our presenter will take us
through all the requirements to ensure that your organization is compliant and ready.
2 TRUSTEE AS A SHAREHOLDER
Tara Frater, Lex Caribbean
Heather Thompson, Higgs & Johnson
As Trustees we are most familiar and knowledgeable with acting as shareholder for passive
companies. Unfortunately, the role of a shareholder for an active trading company can become the
source of much anxiety, uncertainties and risk for Trustees. The presenters will provide tools and
‘know how’ to help the trustees manoeuvre these uncharted and often treacherous waters.
3 RESEARCH AND DEVELOPMENT
Vanessa Schrum, Appleby Bermuda
Trusts have long been considered as vehicles for holding passive investments and recently
have been trending as appropriate structures for holding operating companies and fulfilling
philanthropic purposes. Another use is that of inspiring and funding research and development of
new ideas and technologies, either as an intended purpose or for profit. We will look at the pros
and cons, structural and operational considerations.
15
MONDAY, MAY 12TH continued...
BREAKOUT SESSION - CHOOSE ONE OF THE TWO
2:10pm - 3:00pm
CASE UPDATES
What? Not just for lawyers?? Recent developments in trust and estate case law are discussed in two
individual breakout sessions – the lawyer’s and non-lawyer’s point of view respectively. The lawyer’s
summary will be reviewed by Toby Graham of Farrer & Co., while case law will also be discussed by
Simon Beck of Baker & McKenzie LLP to address the perspective of professionals who, while not
lawyers themselves, would still have to deal with the issues that arise from such judicial decisions.
1 THE LAWYER
Toby Graham, Farrer & Co LLP
2 THE NON-LAWYER
Simon Beck, Baker & McKenzie LLP
3:00pm - 3:30pm
Coffee Break & Meet the Sponsors
3:30pm - 4:20pm
Trust and Healthcare
Julia Abrey, Withers LLP
With vast improvement in medical technology, caregivers and medications, the boomers are expecting
to live longer, more productive lives. Have financial plans and structuring paralleled this shift? Are their
assets adequately protected to sustain them happily through this period? We will discuss how the use
of trusts and insurance products can fill the gap.
4:20pm - 5:15pm
Myers Briggs
Peggy Forell, AdVocality
This session will introduce you to the insights into your personality according to the Jungian
psychology which was developed by Isabel Myers and Katherine Briggs, into the modern psychometric
tool known as MBTI. An extensive personality profile is gained via a questionnaire online. The Myers
Briggs Type Indicator powerfully helps you to raise awareness of yourself and others, and it can help
you make better decisions in your career, as you improve your interactions with colleagues and clients.
6:45pm - 11:00pm
Hospitality Event - Blue Lagoon
Join us for an evening under the Bahamian night sky as we celebrate the rhythms of the Bahamas!
A private charter will transport delegates away from the hustle and bustle of Atlantis to our own
private STEP CC island. You will be welcomed by traditional Calypso music while sipping our signature
cocktail. Dress is casual as we will be on the beach enjoying a Bahamian BBQ, dancing and the sounds
of Junkanoo.
6:00pm - Depart hotel
6:30pm - Boats depart
Boats return at 9:30pm
and 10:30pm
Sponsored by
Meet at the front entrance of Coral Towers.
TUESDAY, MAY 13TH
8:00am - 8:25am
Registration, Continental Breakfast and Meet the Sponsors
Sponsored by
8:25am - 8:30amOpening
16
8:30am - 9:15am
What Now? Survival and Adaptation Strategies for Caribbean IFCs
Sean McWeeney QC, Graham Thompson & Co.
An exploration of various strategies and re-tooling initiatives recommended to ensure that Regional
IFCs adapt successfully to geographical market shifts, evolving product demands and other emerging
challenges.
9:15am - 9:40am
STEP Education Update
George Lyall, STEP
STEP is rolling out a new educational framework designed to win new students to the Society but
also aimed at encouraging all practitioners to pursue specialised certifications that will enhance their
particular practices. At the helm of these developments, George Lyall of STEP, explains the objectives
and vision of the new framework.
asia
australasia
europe
latin america
north america
Can you afford not to
know our name?
Founded in 1965, the Cooper Gay Group is a leading
independent insurance and reinsurance intermediary.
Headquartered in London, the Group has a global network
with more than 20 offices in countries across the Americas,
Europe, Asia and Australasia.
52 Leadenhall Street, London EC3A 2EB
Cooper Gay & Co Ltd.
Telephone: +44 (0) 20 7480 7322 Fax: +44 (0) 20 7481 4695
Lloyd’s Broker and
is a registered
is regulated by the
Financial Services
www.coopergay.com
Authority.
Customized plans
designed to protect what
took a lifetime to build.
Our team of experts at Scotia Private Client Group understands you’re not just
managing your clients’ finances, you’re protecting their future. From private banking
and wealth structuring to investment advice and management, Scotia Private Client
Group draws on more than 175 years of experience in global and local markets to
deliver tailored strategies structured specifically for high net-worth individuals.
Find out how Canada’s most international bank can partner with you in your clients’
financial success. Visit www.scotiaprivateclientgroup.com/international today.
The Bahamas Barbados Canada Cayman Islands Costa Rica Dominican Republic
El Salvador Hong Kong Jamaica Panama Peru Trinidad and Tobago
Turks and Caicos USA (Miami)
18
TUESDAY, MAY 13TH continued...
9:40am - 10:25am
Substance Over Form
Helen Hatton, Anguilla Financial Services Commission
The advent of automatic exchange of information will give tax authorities the power to assess and
understand, in great detail, clients affairs. Where TIEA’s and DTA’s give benefits to companies that
are domiciled offshore based on mind and management as well as business activity, clients will come
under greater scrutiny to prove that these structures have substance and economic purpose in order to
take advantage of these benefits. Defining “mind and management” is key to ensuring that clients are
properly advised.
10:25am - 10:55am
Coffee Break and Meet the Sponsors
10:55am - 11:45am
Mistake v. Misdeed
Edward Hewitt, 3 Stone Buildings
What are the current realities which distinguish whether or not a trustee has made a simple mistake
versus some grave fault, error or omission. It might surprise you to learn how the Courts deal with the
issues. Join Edward Hewitt as he guides this most important discussion regarding ‘trustee mistakes’ in
light of the seminal Supreme Court decision ‘Futter v. Futter.’
11:45am - 12:35pm
The Global Outlook
Dr. Holger Schmieding, Berenberg
Is the global economy truly on the rebound? What can small island nations do to stimulate and sustain
economic recovery and growth?
12:35pm - 1:45pm
Lunch
Sponsored by
Sponsored by
BREAKOUT SESSION - CHOOSE TWO OF THE FOUR
1:45pm - 2:35pm &
2:40pm - 3:30pm
TECHNICAL
1 Compliance and Regulatory Reporting
Angela Mele, RiskPass AML+Compliance Ltd.
FATCA: Q1 reporting - the moving goal posts of local and international legislation and regulations
have drastically increased the cost of doing business, particularly in the world of international
financial services. Large institutions have invested millions of dollars and resources to meet this
challenge, but for the small entrepreneurial practice where the client fees are not flexible and
margins are narrow.....What does that mean? Join us as we discuss ideas and innovations.
2 Corporate Governance
Nekeisha T. Smith, Ernst & Young
Is it necessary for trust companies to apply “corporate governance” principles? Are the Directors
of the Trust Company committed to implementing high standards of corporate governance? Our
presenter is going to analyze the challenges, the advantages and disadvantages to applying rules
of Corporate Governance in the Trust industry.
TAKING CARE OF BUSINESS
3 Marketing and New Business Development
Carlos de Serpa Pimentel, Appleby
Intrinsic to each and every business, marketing and new business development go hand in hand. Join
us for a discussion in best practises in channel neutral marketing and new business development, that
will equip you with practical tools and tactics to grow your business on a daily basis.
4 Retaining and Servicing Clients
Kenneth Morgan, Rawlinson & Hunter
So you’ve got all these new clients, what are you doing to keep them? Join us for a round table discussion
on how to stay up close and personal with your clients, how to expand your business from existing clients
and some tips and tricks on the fine art of client service from a trust practitioner in the know.
3:30pm - 4:00pm
Sponsored by
19
Global solutions
to m eet your needs.
20
With experience that goes back to the advent of offshore trust legislation
more than 75 years ago, trusts are an integral part of Butterfield’s wealth
management expertise.
Our teams of highly experienced trust professionals in many of the world’s
most important financial centres, where we have separately incorporated
companies, provide us with the global reach and local knowledge to be able
to offer you the right services in the right jurisdiction.
To learn more about the trust services Butterfield
can provide, we invite you to visit our website.
www.butterfieldgroup.com
The Bahamas I Bermuda I Cayman Islands I Guernsey I New Zealand I Switzerland
This advertisement is for general information purposes only. It does not purport to give specific legal, tax, or investment advice, and
before acting further advice should always be sought, especially in relation to specific tax and jurisdictional circumstances. Butterfield’s
products and services are available only in those jurisdictions where they may be legally offered or obtained.
The Bahamas: Butterfield Trust (Bahamas) Limited is licensed and regulated by The Central Bank of the Bahamas under the Banks &
Trust Companies Regulation Act, 2000.
Bermuda: Butterfield Trust (Bermuda) Limited is licensed to conduct Trust business by the Bermuda Monetary Authority.
Cayman Islands: Butterfield Trust (Cayman) Limited is registered to provide trust services under the Banks and Trust Companies Law
(2009 Revision) and is regulated by the Cayman Islands Monetary Authority.
Guernsey: Butterfield Trust (Guernsey) Limited is licensed and regulated by the Guernsey Financial Services Commission under the
Regulation of Fiduciaries, Administration Businesses and Company Directors, etc (Bailiwick of Guernsey) Law, 2000, as amended.
Company registration No 31645 Registered Office address: Regency Court, Glategny Esplanade, St Peter Port, Guernsey GY1 3AP.
New Zealand: Whilst every care has been taken in producing this advert, neither the author nor Butterfield Trust (New Zealand)
Limited shall be liable for any errors, misprints or misinterpretation of any of the matters set out in it.
Switzerland: Butterfield Trust (Switzerland) Limited is a member of the Organisme D’Autoregulation des Gerants de Patrimoine
(OAR-G) which fulfils the tasks and obligations of a self-regulatory Organisation (SRO) as defined in the Swiss Anti Money Laundering
Act (“AMLA”) published on October 17th, 1997.
21
TUESDAY, MAY 13TH continued...
4:00pm - 4:45pm
Managing Perceptions - Trust Me - I’m Lying
Kerry Harris, ReBoot Consulting
Trust Me I’m Lying ... The old adage of “perception is reality” has never been truer in the age of social,
digital and interactive media. But, how do you manage perception, shift or create a new perception with
all of the old and new media channels? Join us for an in-depth look at best practices in old media, how
to crash through the ceiling with new media and what makes a best in class “media manipulator” tick!
4:45pm - 5:00pm
Sponsor Draw and Closing Remarks
Delegates must be in attendance to win!
5:00pm - 6:30pm
Cocktail Reception
Immediately following the last session on Tuesday, delegates are invited to
step out of work mode and into a networking cocktail reception, hosted by
Bahamas Financial Services Board (BFSB) and the Association of International
Banks & Trust Companies in The Bahamas (AIBT). Join us for a cocktail and
a musical performance by the world renowned Royal Bahamas Police “Pop
Band” before heading off for an open delegate evening to explore the
culinary delights of Nassau.
6:30pm
Sponsored by
Free Evening
WEDNESDAY, MAY 14TH
22
8:00am - 8:25am
Continental Breakfast and Meet the Sponsors
8:25am - 8:30am
Opening Remarks
Roland Jones, STEP Caribbean Regional Chair
8:30am - 9:20am
From Where We Sit
The Hon. L. Ryan Pinder, Minister of Financial Services, The Bahamas
The ever changing regulatory landscape has led providers of financial services to sacrifice what was
once a sacred cow. Confidentiality has become the “bête noir” for revenue collectors everywhere. The
global financial crisis changed the world forever. Do you know where the goal posts are? Ryan Pinder,
tax lawyer and Minister of Financial Services of The Bahamas discusses the rules, the end game and
strategies for winning.
9:20am - 10:15am
Clients Under Duress
Andrew Law, International Protector Group
Carlos Toro, CH Toro International Ltd
Hal Webb, Cantor & Webb P.A.
Moderator: Anthony Perea, Virtus Trust Group
What challenges arise when a settlor is kidnapped or makes a trustee request under duress? How does
the trustee or advisor handle this situation? Our panel will discuss their views from the perspective of a
trustee, attorney and insurance representative.
10:15am - 10:45am
10:45am - 11:35am
Stanford Case Update
Peter Tyers-Smith, Kobre & Kim (BVI) LLP
A discussion and analysis by Peter Tyers-Smith on the impact of cross border insolvency and liquidation
issues and the varying approach of the IFC and the US courts.
11:35am - 12:25pm
Surveillance, Confidentiality and Hacking
Kevvie Fowler, KPMG
As modern day trust practitioners we are more familiar with the protection of client information. Today
we face hacking of servers and leaking of client information in governments and tax authorities. Our
clients require more complex data protection from trustees and innovative solutions to protect their
information. Do you know what a cloud is and why it matters?
12:30pm - 12:40pm
Closing Remarks
Announcing venue for STEP CC15.
Sponsored by
FEATURED
SPEAKERS
CC14
CARIBBEAN
CONFERENCE
MAY 12-14, 2014
SUNDAY LAUNCH SPEAKER
PROF. KEVIN DUTTON, AUTHOR
Kevin Dutton was born in London in 1967. He has a Ph.D. in psychology, and is an expert on the science
of social influence. He is a research psychologist and honorary affiliated member of the Calleva Research
Centre for Evolution and Human Sciences, Magdalen College, University of Oxford.
Kevin’s first book, Flipnosis - The Art of Split Second Persuasion, first published in 2010 and since
translated into 18 languages, documents his quest - from the political genius of Winston Churchill to the
malign influence of some of the world’s top con artists - for the psychological ‘DNA’ of persuasion.
His second book, The Wisdom of Psychopaths - Lessons in Life from Saints, Spies and Serial Killers was
published in the UK (William Heinemann) in September 2012 and in the US (Farrar, Straus and Giroux) in
October 2012. In it, Kevin explores the positive side of being a psychopath, and discovers, first hand, in a
ground breaking ‘How to make a psychopath’ experiment, what it’s like to be one. The effects have since
worn off.
THE NASSAU LECTURE
GLOBAL SHELL GAMES:
EXPERIMENTS IN TRANSNATIONAL RELATIONS
PROF. JASON SHARMAN, GRIFFITH UNIVERSITY
Jason Sharman is a Professor at Griffith University in Brisbane, Australia with the Centre for Governance
and Public Policy. Sharman’s research is focused on the regulation of global finance, especially as it relates
to money laundering, tax, corruption and offshore financial centers. He has worked as a consultant with
the World Bank, Asian Development Bank, Commonwealth Secretariat, Financial Action Task Force, AsiaPacific Group on Money Laundering and in the private sector. His work has been featured in media outlets
like the Economist, the Financial Times and the New York Times, and has been taken as evidence by the
United States Senate Permanent Subcommittee on Investigations. Sharman’s seventh book, Global Shell
Games, co-authored with Michael Findley and Daniel Nielson, reports the results of an exercise based on
impersonating 21 fictitious customers and soliciting offers from over 3700 corporate service providers in
182 countries for prohibited anonymous shell companies.
23
SPEAKERS
JULIA ABREY, WITHERS LLP
Julia Abrey specialises in Elder Law and Court of Protection matters and is head of the Withers’ elder law
team. She has a particular interest in international and cross border mental capacity issues. She is chair
of STEP’s multi jurisdictional Mental Capacity Special Interest Group and a regular lecturer on elder law
topics.
A contributor to a number of books including the Law Society’s Elderly Client Handbook, she is a
consultant editor of and contributor to Tolley’s Finance and Law for the Older Client and a member of the
editorial board of Jordan’s Elder Law Journal. She is also one of the two UK members of the US National
Academy of Elder Law Attorneys Inc. and a past Chair of Solicitors for the Elderly.
Other specialisations include Probate, Succession and post death planning.
She is rated as a leading Court of Protection practitioner in the Legal 500 2012 and is the current STEP
Elder Client Law Professional of the Year.
SIMON BECK, BAKER & MCKENZIE LLP
Simon Beck is a partner in the Miami office and chair of the Firm’s Global Wealth Management Practice
Group. He is an international tax and trust lawyer with vast experience working in the world’s trust and
financial centers. Mr. Beck focuses his practice on international tax and trust planning, as well as US
federal and international securities and banking regulations. He also advises financial institutions and
governments on regulatory, legislative and strategy issues, and regularly conducts training sessions
for executives on trust, tax, banking and securities issues. He advises the world’s wealthiest families,
family offices, and trust companies and is a leader in the use of Private Trust Companies. In addition, he
regularly advises clients with regard to contentious trust matters.
He is honored with the Society of Trust and Estate Planners (STEP) 2012 Founder’s Award, is recognized in
Chambers Global and Euromoney’s Guide to the World’s Leading Trusts and Estates Practitioners and has
been named a top international wealth adviser in Citywealth’s Leaders List since its inception. Mr. Beck
frequently speaks on trusts, financial services and compliance issues at global wealth management and
trust and estate planning conferences. He is dual qualified in New York and England & Wales.
CARLOS DE SERPA PIMENTEL, APPLEBY
Carlos de Serpa Pimentel is a Partner and the Private Client and Trusts Practice Group Head. He
specializes in all aspects of Cayman Islands trust law advice and trust litigation.
Carlos regularly advises trustees and ultra high net worth individuals on the establishment, restructuring
and administration of trusts, and the use of private trust companies as well as providing advice to
Protectors and beneficiaries on a variety of trust related matters. He also advises on estate planning
and administration of estate issues for high net worth individuals. Carlos has substantial experience in
relation to Cayman Islands and BVI trust litigation matters, acting on behalf of trustees, beneficiaries and
Protectors in Court proceedings. He regularly appears in Court on their behalf as counsel.
Carlos has been consistently ranked in all leading directories, one interviewee in the most recent
Chambers Global: Dispute Resolution publication remarked, “I have tremendous respect for him – he’s a
very active lawyer and particularly good at trusts work.”
Carlos has presented at numerous international trust conferences. He is a regular contributor to trust law
journals including Trusts & Trustees, Trusts & Estates and the STEP Journal. Carlos is a member of STEP
and currently serves as chairman of the STEP Cayman Islands branch, having served as Secretary from
2006-2009.
24
SOCIAL PARTNERSHIP
It means a commitment to education at the AIBT.
For the thousands of Bahamian employees of our member firms.
For young Bahamians seeking advanced technical skills.
For students at the College of The Bahamas.
We fulfill this commitment through sponsored training programs for
our member firms, our support for the Financial Community Advanced
Educational Trust for Bahamians (FCATET) and our involvement with
the College of The Bahamas.
AIBT... making a difference in the lives of Bahamians and the
development of the country.
www.aibt-bahamas.com
www.nassauconference.com
Stafford Corporate Services Ltd is a full suite offshore service
provider specializing in the establishment of Anguillian
domiciled structures and entities including:
• Domestic Anguillian Corporations
• International Business Companies (IBCs)
• Trusts
• Mutual Funds
• Foundations
• Captive Insurance Companies
• Protected Cell Companies
• Private Trust Companies, and
• Limited Partnerships
It is dedicated to the development of Anguilla as wellregulated and sound fnancial services jurisdiction in the
Caribbean which adheres to the highest international
standards of regulation and best industry practice.
The frm also assists clients in opening bank accounts globally,
providing director and nominee shareholder
services both through corporate entities and natural persons,
facilitating the provision of fund management and fund
administration services through Anguillian and international
based service providers and assisting clients in obtaining
licensing under any of the product and service legislative
instruments in force in Anguilla. It is licensed and regulated
by the Financial Services Commission and prides itself on
service, effciency and sound advice which adheres to both
the spirit and the letter of the laws of Anguilla.
Its principal, Mr. Carlyle K Rogers, is a fully qualified barrister
who is able to offer legal advice on all aspects of Anguillian
law especially in the areas of corporate and commercial work
and financial services in general. Mr. Rogers is also admitted
as a barrister in BVI,
St. Kitts-Nevis and New Zealand.
Stafford Corporate Services Ltd, Anguilla based, global in
outlook and reach and here to consult and serve you.
25
“
A SET THAT
PACKS A
PUNCH...
CHAMBERS AND PARTNERS 2014
SPECIALISING IN...
EXPERTISE IN...
Chancery &
commercial litigation
Company & insolvency
Pensions
Property trusts & tax
Insurance & reinsurance
Professional negligence
Media entertainment
& sports
Partnership
Banking & financial services
Arbitration
Mediation
Cultural property
3 Stone Buildings has been involved in
many of the leading trust and estate cases
in recent years, onshore and offshore.
We offer expertise across the full range of contentious
and non-contentious private client work.
For more details about Chambers and the work we do,
please contact clerks@3sb.law.co.uk.
www.3stonebuildings.com
LONDON
NEW YORK
3 Stone Buildings
Lincoln’s Inn London WC2A 3XL
DX 317 Lon/Ch’ny
Tel +44 (0)20 7242 4937
Fax +44 (0)20 7405 3896
clerks@3sb.law.co.uk
3 Stone Buildings
10 Rockefeller Plaza
16th Floor New York, NY 10020-1903
Tel +1 212 713 7680
Fax +1 212 713 7697
clerks@3sb.law.co.uk
SPEAKERS
PEGGY FORELL, ADVOCALITY
Peggy Forell has over twenty years’ experience working with people on their personal development,
with a focus on personal impact, presentation and communication skills, and raising your profile within
your organisation. She blends her skills as a trained actor and singer, with the actor’s critical techniques
in observing human behaviour. As an MBTI (Myers Briggs Type Indicator) Practitioner (Steps 1 and 2) she
backs up her studies in human behaviour with the tried and tested Jungian psychology which forms the
basis of MBTI.
Advocality’s tag-line is ‘Tap into your natural persuasive power’, because Peggy is convinced that we all
have natural persuasive power coursing through us. Peggy can help you to identify and access these
personal impact tools so that you can apply them with sensitivity and intention.
Her consultancy, Advocality, has a client list which includes city law firms and investment banks. She also
contributes to programmes at a number of teaching institutions, here and around the world. Alongside
her consultancy, she was also employed by Freshfields Bruckhaus Deringer for eight years, as an internal
consultant. See www.advocality.co.uk to learn more about Peggy.
KEVVIE FOWLER, KPMG
Kevvie is a Partner in KPMG’s Risk Advisory Services Practice and has over 19 years of IT security
and forensics experience, eight of which in the finance sector defining cyber security strategies and
delivering security assessment, monitoring, incident response and forensic services. He has led teams
in the complex security assessment of corporate, 3rd party and SCADA environments and managed the
response and recovery from petty criminal, hacktivist, cyber terrorist and nation state sponsored attacks.
He is a recognized thought leader and pioneer in the field of database forensics. Kevvie is author of SQL
Server Forensic Analysis and contributing author to several security and forensics books. As developer
to specialized database forensic tools, Kevvie has selectively released them to law enforcement agencies
across North America where he trains them on their use in modern cyber investigations.
As a SANS lethal forensicator credited with advancing the field of digital forensic science, Kevvie sits on
the SANS Advisory Board where he guides the direction of emerging security and forensic research.
TARA FRATER, LEX CARIBBEAN
Tara E. Frater is a Senior Associate in the Barbados office of Lex Caribbean, a pan-Caribbean regional law
firm. She read law at the University of the West Indies (Cave Hill), where she was a UWI Open Scholar. She
completed her legal studies at the Norman Manley Law School and was first admitted to practice in 2003.
Prior to relocating to Barbados in 2010, Tara practised at Walkers and Harney, Westwood and Riegels,
both of which are leading international offshore law firms in the British Virgin Islands, for several years.
Tara advises on all aspects of law relating to trusts, wills and estates but enjoys a diversified practice which
includes corporate and commercial work. Her clientele includes leading onshore law firms, international
corporate trustees and high net worth individuals.
Tara has lectured on trusts at various seminars in the British Virgin Islands and Barbados. She was most
recently a speaker at the STEP Caribbean Conference 2013 and the STEP LatAm Conference 2013
and has been a panelist at the International Trusts and Tax Planning Summit. She has been published
in various journals, including the IFC Review, the STEP Journal and Business Barbados. In addition to
being acknowledged as a ‘Recognised’ Trust Lawyer by PLC , she sits on the executive committee of the
Barbados branch of STEP as the Programme Coordinator.
DONAL GODFREY, OECD
Donal joined the OECD 10 years ago. Currently, he is Deputy Head of the Global Forum Secretariat
working in a multidisciplinary team of dedicated professionals to assist the Global Forum in carrying out
its mandate.
The Global Forum is charged with monitoring and peer review of the implementation of the international
standards of transparency and exchange of information for tax purposes. It has published around 60 peer
review reports over the last 18 months
Previously Donal was head of International Section in the Irish Revenue Commissioners. He studied at
Trinity College Dublin and University College Dublin.
27
SPEAKERS
TOBY GRAHAM, FARRER & CO LLP
Toby Graham TEP is a partner and Head of the specialist Contentious Trusts and Estates Group with
Farrer & Co. in London. Toby received a STEP private client “outstanding achievement” award. He
prepared the course materials for the STEP Certificate in Trust Disputes and is Chair of STEP’s newly
formed Contentious Trusts & Estates Special Interest Group. He is a co-editor of “A Practical Guide to
the Transfer of Trusteeships” published by STEP. Toby is a member of the editorial board of the Wills and
Trusts Law Reports and co-editor, along with Tony Molloy QC, of Trusts & Trustees published by Oxford
University Press. He is also a member of the International Academy of Estate and Trust Law.
KERRY HARRIS, REBOOT CONSULTING
After leaving her role as President of the Canadian business unit of global PR agency Weber Shandwick in
2010, Kerry formed brand strategy firm ReBoot Consulting.
She has extensive experience in developing and implementing traditional marketing strategies and plans
with digital, interactive, social media and mobile delivery channels and is a contributing blogger for The
Huffington Post Canada.
As a brand strategy consultant, she works with owner/entrepreneurs, government, large private sector
clients and a number of start-up’s just to keep it real. She has recently finished her first book and has
started on her second.
Kerry speaks frequently on CSR, brand strategy, reputation management and demographics in the
digital age and was a visiting professor for five years at Ryerson University in the Department of Radio
and Television Arts. She is also one of just 200 Canadians personally trained by Al Gore to present “An
Inconvenient Truth”.
HELEN HATTON, ANGUILLA FINANCIAL SERVICES COMMISSION
Widely recognized as the prime architect of the modern Jersey regulatory regime, Helen Hatton retired
as Deputy Director General of the Jersey Financial Services Commission in May 2009 having led the
implementation of regulatory development in the island from its blacklisted state in 1999 to achieving one
of the worlds, best IMF evaluation results.
She established Sator Regulatory Consulting which now undertakes assignments for a range of international
standards setting bodies, governments, regulatory authorities and leading financial services businesses,
including the World Bank, IMF and UK Foreign & Commonwealth Office.
Current regulatory authorities’ clients include the Central Bank of Aruba and the Financial Services
Commissions of Anguilla and the Cook Islands. Financial institution clients include banks, insurance
companies, securities, trust and funds sector businesses. Educated at Hurst Lodge, Sunningdale and St
Wilfred’s, Exeter followed by Plymouth University, Mrs Hatton lectured in Business Studies in further and
higher education institutions in the south west of England until joining American Express Bank where she
advised private clients on wealth management solutions form 1989 to late 1991.
Mrs Hatton was appointed director of enforcement to the Isle of Man Financial Supervision Commission in
1992 notably achieving the world’s first “freestanding” offshore Mareva injunction without a local cause of
action in the case SIB-v-Lloyd Wright bringing an effective end to secrecy in the Crown Dependencies.
Mrs Hatton is a Fellow of the Institute of Advanced Legal Studies, a member of the Editorial Board of the
Journal of Banking Regulation and a Freeman of the Worshipful Company of International Bankers. She is a
recognised international speaker on regulatory compliance topics.
28
REACHING THE WORLD’S MOST POWERFUL AUDIENCE
Akin
Gump Strauss Hauer
& Feld LLP ❙ AlphaMetrix LLC ❙ Alston & Bird LLP ❙
Anchin Block & Anchin ❙ Anderson
Kill & Olick ❙ Angelo Gordon & Company
❙ Avenue Capital Group ❙ Baker & McKenzie ❙ Bingham ❙
BlackRock ❙ Blackstone
❙ Boies Schiller & Flexner LLP ❙ Bryan Cave LLP ❙ Cadogan Management LLC ❙ Cadwalader
Wickersham & Taft LLP ❙ Clifford Chance LLP ❙ Columbia
❙ Cravath Swaine & Moore LLP ❙
Dechert LLP ❙
Investment Management Company
Credit Suisse AG ❙ Davis Polk & Wardwell ❙ Debevoise & Plimpton LLP ❙
Deloitte ❙ Dickstein Shapiro
LLP ❙ Dillon Eustace ❙ DLA Piper US
Epstein Becker Green
LLP ❙ Duane Morris LLP ❙ Eisner LLP ❙
Ernst & Young ❙ Fortis PFS USA
LLC ❙ Fortress Investment
Group ❙ Fried Frank Harris Shriver &
Jacobson LLP ❙ Gibson
Dunn & Crutcher LLP ❙ Goodwin
Procter LLP ❙
Goldman Sachs Group
❙ Google Inc ❙ Gottex
Fund Management ❙ Grant
Thornton ❙ Greenberg
Traurig LLP ❙ Grosvenor
Capital Management LLP
❙ Guggenheim Partners
❙ Haynes and Boone LLP ❙
Hogan & Hartson LLP ❙
Hogan Lovells ❙
Holland & Knight LLP ❙
Investcorp Investment Advisors
LLC ❙ Jenner & Block
LLP ❙ Jones Day ❙ Katten Muchin
Rosenman LLP ❙ Kirkland
& Ellis LLP ❙ Kobre & Kim LLP ❙
KPMG ❙ Latham & Watkins
LLP ❙ Linklaters LLP ❙ Lowenstein
Sandler PC ❙ Mayer Brown
LLP ❙ Maverick Capital Ltd ❙ McGladrey &
Pullen LLP ❙ Merrill Lynch ❙ Mesirow
Financial ❙ Milbank, Tweed, Hadley & McCloy
❙ Mintz, Levin, Cohn, Ferris, Glovsky
and Popeo PC ❙
Brown Argiz & Farra LLP ❙ O’Melveny & Myers LLP
❙ Orrick
Morgan Lewis ❙ Morrison
Herrington & Sutcliffe LLP ❙ Paul
Hastings ❙ Paul Weiss Rifkind Wharton & Garrison LLP ❙ PricewaterhouseCoopers ❙ Proskauer Rose LLP ❙ Reed Smith ❙ Ropes & Gray
LLP ❙
Rothstein Kass ❙ Schulte Roth & Zabel LLP ❙ Seward & Kissel LLP ❙ Shearman & Sterling LLP ❙ Sidley Austin
LLP ❙ Simpson Thacher & Bartlett LLP ❙ Skadden Arps Slate Meagher & Flom LLP ❙ SkyBridge Capital ❙ Sonnenschein Nath
& Rosenthal LLP ❙
Stroock & Stroock & Lavan LLP ❙
Vedder Price Kaufman & Kammholz PC ❙ Vinson & Elkins LLP ❙ White & Case LLP ❙
WilmerHale ❙ Winston & Strawn ❙ Withers Bergman LLP ❙
Withers Worldwide
+1 345 949 5111 | sales@cfp.ky | caymanfinancialreview.com
twitter.com/CaymanFinRev
facebook/caymanfinancialreview
linkedin/pub/cayman-financial-review
29
30
SPEAKERS
EDWARD HEWITT, 3 STONE BUILDINGS
Edward has a broad Chancery practice with a particular interest in private client work. He has experience
in advising and acting in relation to applications for directions regarding the proper construction of trust
instruments and wills and for the removal and substitution of trustees, executors and administrators.
He is also regularly instructed in relation to breach of trust claims, challenges to the validity of wills and
claims brought pursuant to the Inheritance (Provision for Family and Dependants) Act 1975, as well as
professional negligence disputes arising in these areas.
Edward has appeared in all Divisions of the High Court, in the Court of Protection and in the Court of
Appeal. He also undertakes a wide range of non-contentious drafting and advisory work in relation to
trusts, wills and estates and ancillary tax issues.
Outside the private client sphere, Edward’s practice encompasses all areas of insolvency law, land law and
business disputes with a Chancery dimension.
Edward is a native Italian speaker and is frequently instructed in cases involving an Italian element.
JACK HUSBANDS, WALKERS
Jack is a partner and head of Walkers’ Commercial Litigation and Dispute Resolution Group in the British
Virgin Islands. He has appeared as leader or instructing solicitor in the major BVI cases over the past 10
years and has a wealth of experience in BVI litigation.
Jack was first admitted as an attorney-at-law in Barbados, but has been practising in the BVI since 1992.
Jack is a member of the Barbados Bar Association and the BVI Bar Association, STEP, and the
International Bar Association. He was a member of the committee that drafted revisions to the BVI trust
laws (including VISTA) in 2003 and he remains a member of that committee.
ANDREW LAW, INTERNATIONAL PROTECTOR GROUP
Andrew has been working in the estate and Inheritance planning industry for 28 years in Guernsey,
Switzerland and The Bahamas. Andrew advises and coordinates advice to clients and their family offices
on a range of structuring projects which include legal and tax issues and selecting investments and
investment managers. In 2004 he established International Protector Group Limited (IPG) as a support
to family offices specializing in Private Trust Companies, Trusts and Foundations, Protectorships and
Bahamas Executive Entities. IPG has offices in The Bahamas and Switzerland.
Andrew is a past Chairman of The Association of International Banks & Trust Companies (AIBT) in The
Bahamas and a former Director of the Bahamas Financial Services Board (BFSB) and participated actively
in the development of the Foundation, Private Trust Company and Executive Entity legislation in The
Bahamas as well as the review of the Trust and Purpose Trust legislation.
LAWRENCE LEWIS, DELOITTE
Lawrence is a Partner with Deloitte in The Bahamas with more than 18 years of professional experience in
public accounting, risk advisory and management consulting services. He leads Deloitte’s Enterprise Risk
Services practice in the Caribbean and serves as the Foreign Account Tax Compliance Act (commonly
known as FATCA) program leader for The Bahamas and Turks & Caicos Islands. In his FATCA role, he
helps financial institutions understand FATCA, assess its implications for their organizations and develop
approaches to respond. Lawrence works as a part of Deloitte’s network of FATCA experts across the
Caribbean, US and globally, and is a frequent speaker on the topic in the region. He also has broad
experience helping organizations assess, design and implement governance, risk and compliance
programs, improve operational performance and performing independent audits. Lawrence has a variety
of clients across the financial services industry including the commercial banking, private banking and
wealth management, investment funds and insurance.
31
SPEAKERS
GEORGE LYALL, BOND DICKINSON LLP (REPRESENTING STEP)
George qualified as a Scottish Solicitor in 1983 and a Scottish Chartered Accountant in 1989. Having
spent nine years at Ernst & Young in Edinburgh, he moved to Newcastle in 1994 and joined Dickinson
Dees and subsequently re-qualified as an English Solicitor. Dickinson Dees merged with Bond Pearce
in 2013 to become Bond Dickinson LLP, which has offices in London and seven other cities throughout
England and Scotland.
George has spent 30 years specialising in providing advice to individuals and their charitable and private
trusts. He has been involved in giving advice to families in relation to legal and financial issues including
taxation, succession planning and acting as an Attorney/Executor and/or Trustee. He has particular
expertise in capital tax planning.
George joined STEP in 1995 and joined the Branch Committee of the North East and Cumbria branch as
an ordinary committee member, taking over the programme directorship and spent four years as Chair.
He had a period of four years on Worldwide Council in the early 2000s and thereafter, joined the England
and Wales Regional Committee serving two years as Deputy Chair and two years as Chair. George was
re-elected to Worldwide Council in 2008 and joined the newly formed Worldwide Board of Directors in
December 2010. His period on both was extended following elections late last year.
SEAN MCWEENEY QC, GRAHAM THOMPSON & CO.
Sean McWeeney QC, a former Attorney-General of The Bahamas (1989-1992), is a senior partner in
the law firm of Graham Thompson & Co., and a specialist in trusts and estate planning, corporate and
banking law. He has been consistently ranked as a first-tier trust lawyer by the leading international legal
rating publications, including Chambers & Partners, and the IFLR 1000. He is also widely acknowledged
as the leading expert in The Bahamas on the law relating to stamp duty, the second major source of
revenue in The Bahamas.
A member of the Bahamas Bar since March, 1978, Mr. McWeeney was appointed Queen’s Counsel (QC)
in 2009.
Mr. McWeeney has also served as Chairman of the Judicial Review Commission, a member of the
National Security Council of The Bahamas, Chairman of the Clifton Heritage Authority and presently
serves as the Chairman of the Constitutional Constitution.
In 1998, on the occasion of the 25th Anniversary of Bahamian Independence, the Government of The
Bahamas awarded Mr. McWeeney the Silver Jubilee Medal for “Outstanding Contribution to National
Development in the Area of Law”.
ANGELA MELE, RISK PASS
Angela Mele has 18 years in international financial services experience, having worked at Dundee Leeds
Management Services in Bermuda, then at the Cayman Islands Monetary Authority, and most recently with
Citi Hedge Fund Services (Cayman) Ltd. (formerly BISYS Hedge Fund Services (Cayman) Limited). Angela
left her position as Head of the Compliance & Training Division of Citi to take over managing RiskPass
Compliance+AML Ltd. (formerly Bodden Compliance & Training Ltd.) in December 2007.
Angela is a Certified Anti-Money Laundering Specialist (CAMS) and is a member of the International
Compliance Association (MICA). In addition, she holds a Bachelor of Arts Degree from the University of
Western Ontario, London, Canada, and a Bachelor of Education from York University, North York, Canada.
She has extensive experience running in-house compliance programs and performing internal AML/CTF
audits for various industries within the financial services sector.
Angela has designed and delivered anti money laundering, counter terrorist financing and business
continuity training sessions for various associations and companies both globally and locally. Such groups
include the Association of Certified Anti-Laundering Specialists (ACAMS), GovRisk, Central Law Training
(UK), the Cayman Islands Bankers’ Association, the Cayman Islands Monetary Authority and the Cayman
Islands Fund Administrators Association (CIFAA).
From 2005-2007 Angela chaired the ACAMS Caribbean Task Force and since 2006 has served as the
secretary to CIFAA and currently sits as its Chair of the Educational Subcommittee.
32
33
DISCOVER A NEW WAY OF BANKING
With just the right blend of innovation and
the desire to please, we’ve revolutionized
the traditional private banking format.
Wealth Management | Estate Planning | Trust Services
www.bankbahamas.com | 242.397.3000
SPEAKERS
KENNETH MORGAN, RAWLINSON & HUNTER
Ken has been with Rawlinson & Hunter Limited in the British Virgin Islands since 1997. He began his
offshore career in 1968 in the Cayman Islands before moving to Bermuda in 1972. He spent 18 years in
private banking and trust work with one of the major Bermuda banks, eventually becoming responsible
for all trust, investment and mutual fund administration in the Bermuda office.
Ken has been a frequent speaker at international trust and estate planning conferences, and travels
extensively to discuss the advantages of the British Virgin Islands and to visit clients and potential clients.
He has also had several articles published in professional journals.
Ken is a member of STEP and of the International Tax Planning Association. He is a former Chairman of
the BVI Registered Agents Association, and a current member of both the Premier’s Financial Services
Task Force and the Financial Services Business Development Committee in the BVI
PROF. AVINASH PERSAUD, INTELLIGENCE CAPITAL
Mr. Persaud is currently Chairman of Elara Capital PLC, an Investment Bank based in London and
Mumbai; Chairman of PBL, a Real Estate development company in the Caribbean; Chairman of
Intelligence Capital Limited, a London-based financial advisory firm; and Board Director of RBC Latin
America and the Caribbean. He was formerly a Senior Executive at UBS, J. P. Morgan, State Street and
GAM Holdings.
Avinash D. Persaud is Emeritus Professor at Gresham College, London, a Senior Fellow at London
Business School, a visiting fellow at the Centre for Financial Analysis & Policy, Judge Institute, Cambridge
University, 2010 President of the British Association for the Advancement of Science (Section F) and past
Governor of the London School of Economics and Political Science. He was ranked as the number two
public intellectual in the world on the financial crisis by an expert panel for Prospect Magazine.
He is a member of the UK Treasury’s Audit Committee and a member of the National Council of
Economic Advisors in Barbados. He is a senior adviser to the Financial Services Law Reform Commission
in India. Formerly, he was the Chairman of the Warwick Commission on Financial Reform, the Chairman of
the regulatory sub-committee of the UN High Level Task Force on Financial Reform, co-chair of the OECD
EmNet and member of the Pew Task Force to the US Senate Banking Committee.
HON. L. RYAN PINDER, MINISTER OF FINANCIAL SERVICES, THE BAHAMAS GOVERNMENT
Honourable L. Ryan Pinder is a member of the Parliament of the Bahamas and has been appointed the
Minister of Financial Services in the Cabinet of the Bahamas. He has responsibility for policy making
relating to the Financial Services Industry, as well as the portfolios of Trade and Industry and the
establishment of the International Commercial Arbitration Center in the Bahamas. He is an attorney
by Profession having been admitted to the Florida Bar as a Board Certified Tax Attorney in 2000 and
Bahamas Bar in 2009.
Before assuming office as a Cabinet Minister in May 2012, Minister Pinder served as an International
Tax and Commercial Consultant in the firm of OL Private Corporate Counsel Ltd., his portfolio included
advising international corporations on merger and acquisition transactions, international commercial tax
structures and preparing international tax policy.
Additionally, prior to May 2012, Minister Pinder also served as a Tax Consultant at Becker & Poliakoff,
P.A. He was also the managing shareholder for the Nassau, Bahamas office. His responsibilities included
establishing the firm’s Nassau, Bahamas office, providing offshore tax planning for United States clients,
providing representation for United States clients conducting business in The Bahamas and providing
representation for Bahamian clients conducting business in the United States.
Prior to the positions identified above, Minister Pinder served as an Associate at Boies, Schiller & Flexner
LLP, in Miami, Florida; worked at Zack Kosnitzky, P.A, in Miami Florida; completed a clinical internship at
the Office of Dispute Resolutions at the National Association of Securities Dealers; and served as a law
clerk at Kalis & Kleiman, P.A., in Davie, Florida.
35
SPEAKERS
HOLGER SCHMIEDING, BERENBERG
Dr Holger Schmieding is Chief Economist at Berenberg in London. Before joining Germany’s oldest
private bank in October 2010, he worked as chief Economist Europe at Merrill Lynch, Bank of America
and at Bank of America-Merrill Lynch in London. Having studied economics in Munich, London and
Kiel, he holds a doctorate from the University of Kiel. Before taking up his first role as financial market
economist in 1993, he also worked as a journalist at “Westfälische Nachrichten” in Germany, as head of a
research group on east-central Europe at the Kiel Institute of World Economics and as a desk economist
at the International Monetary Fund in Washington, DC. In a systematic comparison of the accuracy of
German forecasts since 2002, Financial Times Deutschland has repeatedly awarded top honours to Dr
Schmieding, for instance as “forecaster of the Year” in 2011. Institutional investors rated him as the best
European economist in the 2013 Extel survey.
VANESSA SCHRUM, APPLEBY
Vanessa is partner and Local Practice Head of the Private Client & Trusts group at Appleby Bermuda.
Vanessa advises on a wide range of trust and estate planning matters including the use of Bermuda
private and commercial trust structures, purpose trusts, unit trusts, the administration of complex estates
and all areas of probate in Bermuda.
She has been published in European Lawyer Private Client Tax, PLC Cross-Border Private Client Guides,
Tolley’s Guides, LexisNexis - Foreign Tax and Trade Brief, Global Legal Group - International Comparative
Legal Guide to Private Client, various OFC Reports and STEP Directories.
Vanessa is recommended by Legal 500 Caribbean 2014 and listed in Expert Guides Women in Business
Law’s Trusts and Estates Bermuda section. Vanessa is also named on the Citywealth IFC Power Women
Top 100 list, in The International Who’s Who of Private Client Lawyers 2013 and recognised in the 2013
Citywealth ‘Leaders List’ as being “well-respected”. She has also received a Best of the Best - Trusts
and Estates Bermuda recognition from Expert Guides Leading Lawyers. Recently she has received 2014
Corporate Intl Magazine Global Award ‘Estate Planning Lawyer of the Year in Bermuda’.
Vanessa is a member of ITPA, STEP and is a past committee member of the STEP Bermuda branch. She is
admitted to the Bars in Bermuda, BVI and is a Solicitor of England and Wales (now non-practising).
NEKEISHA SMITH, ERNST & YOUNG
Nekeisha Smith is a Senior Manager in the Risk Advisory Services practice of Ernst & Young (BBC)
Bahamas, Bermuda, British Virgin Islands, Cayman Islands region and President of the Institute of Internal
Auditors – Bahamas Chapter. Nekeisha has served clients in New York, Washington, Atlanta, and the BBC
in diverse industries, with a focus on banking, insurance and government. Nekeisha has over 12 years of
professional experience including corporate governance, enterprise risk assessments, risk remediation,
fraud investigation, internal control framework assessments, internal and external audits. She is a licensed
Chartered Accountant (CA) by Bahamas Institute of Chartered Accountants, Certified Public Accountant
(CPA), Certified Internal Auditor (CIA), wife of Shawn R. Smith CA, CPA and mother of Akeil, Chelsea and
Jayden.
36
STEP Certificate and Diploma
in International Trust Management
Programme Features
The Society of Trust & Estate Practitioners Certificate and Diploma in
International Trust Management is a globally recognised programme
available worldwide.
Certificate
Containing modules in international financial services,
the evolution of equity, types and uses of international
trusts, features of good trust administration, uses, types
and management of offshore companies. (Exemptions are
available)
Diploma – consists of the following advanced papers;
n Trust Creation: Law & Practice n Company Law & Practice
n Trust Administration & Accounts
n Trustee Investment and Financial Appraisal.
Benefits
n A globally recognised qualification fully supported by
the fiduciary industry n Full STEP membership for Diploma
holders and use of the designation TEP upon completion
of the Diploma n An integrated tuition system, including
distance learning, a web-site facility and face-to-face tuition
STEP Advanced Certificate in International Succession
and Probate - A practical qualification that helps those
practitioners that deal with the administration of cross
border estates resolve the common issues that arise.
STEP Advanced Certificate in UK Tax for International
Clients - Providing the private client professional with the
expertise to provide sound advice to (i) non-UK domiciled
UK resident individuals; and (ii) trustees, settlors and
beneficiaries of a non-UK resident trust; areas which have
seen significant legislative impact in recent years.
Society of Trust and
Estate Practitioners
VHT0S27
Course Dates
See our website for course and examination dates www.cltint.
com/stepdiplomaintdates
You might also be interested in the following Certificates:
For further information call +44 (0)121 362 7733 or email cltinternational@centlaw.com
www.step.org | www.cltint.com/stepdiplomaint
STEP Global Congress 2014
6-7 November 2014
Mandarin Oriental Hotel, Miami, USA
The inaugural STEP
Global Congress
will see members of
STEP, non-members,
thought-leaders and
industry experts
come together
to network and
exchange ideas.
Sponsors
Gold
Bronze
Save up to $400 with our early bird rate.
Book before 27 June 2014.
Powerful, thoughtprovoking agenda
Supranational initiatives, the need
for transparency and dialogue
with “onshore” tax authorities,
long term demographics of the
trust and estates client base,
decision making and risk in private
wealth, complex tax structures,
the harmony and dis-harmony
of private international law and
much more!
World-class speakers
Both leading practitioners and
leading external commentators will
provide ideas, criticism, business
insight and new analysis to share
about our world
Build your agenda
around the areas that
interest you
Different programme streams
range from the highly topical,
international subject areas, to
specialised sessions from our SIGs
(Special Interest Groups)
Network with
your peers, STEP
members and partner
organisations
Numerous social events will
provide extensive business
opportunities
Places will be limited, so
don’t delay – book your
place today
An event not to be missed!
www.stepglobalcongress.com
SPEAKERS
HEATHER THOMPSON, HIGGS & JOHNSON
Heather L. Thompson is a partner at Higgs & Johnson in The Bahamas and has extensive experience in
international trust and company administration giving her a unique perspective in counselling individual
and corporate clients on the creation of trusts and ownership structures. She provides advice to trust
companies on the development of new services and issues arising in trust administration. Her practice
includes wills, applications for probate, estates administration, foundations, private trust companies,
executive entities, issues in company law and international commercial contracts.
Ms. Thompson has served as a consultant on several important pieces of financial services legislation,
including Acts relating to trusts, the Purpose Trust, Foundations, Private Trust companies and the
Bahamas Executive Entity. She is a founding member and past chairperson of STEP (Bahamas) and a
former member of STEP’s Council. She has received numerous awards including the Bahamas Financial
Services Board ‘Executive of the Year’ (2003); STEP Founder’s Award for Outstanding Achievement (2009);
the International Law Office Client Choice Awards in Offshore Services (2012); recommendation by
Chambers Global in General Business Law (2010 - 2014).
CARLOS TORO, CH TORO INTERNATIONAL LTD.
Carlos Toro’s experience goes back to 1971 Europe, where he recruited and trained a sales force in
Germany, Belgium, Holland and France as Regional Director and Stockbroker for an American insurance
and securities firm, marketing Life Insurance and Investments.
He moved to the USA in 1978 and formed CH Toro International an Independent all Lines Insurance
Agency, developing marketing strategies for the International Market and forging relationships with
financial institutions. In 1984, he became a Principal and Officer in Century Pacific Securities, where
for the next six years, he established relationships with financial institutions in Asia and Latin America
initiating and implementing marketing techniques for the sale of International Life Insurance. Since 1992,
he dedicates his time to the marketing of the Kidnap and Ransom Insurance and the expansion of the
market globally.
PETER TYERS-SMITH, KOBRE & KIM
Peter Tyers-Smith is an English Barrister with Kobre & Kim, a conflict-free international boutique focused
exclusively on litigation, arbitration, and investigations. Peter, who is based in the firm’s British Virgin
Islands office, focuses his practice on complex commercial and insolvency litigation.
He also regularly advises shareholders and partnerships in matters involving the voluntary or involuntary
liquidation processes available in the various offshore jurisdictions.
Peter was recently recognized by Chambers and Partners as a company law barrister who is
“switched-on” and with “a reputation for getting the results his clients want”.
Prior to joining Kobre & Kim, Mr. Tyers-Smith practiced at No.5 Chambers, where he focused on
commercial & chancery litigation with a particular emphasis on insolvency, company and partnership
disputes.
39
SPEAKERS
WENDY WARREN, CAYSTONE SOLUTIONS LTD.
Ms. Wendy C. Warren is the Managing Director of Caystone Solutions Ltd. Caystone Solutions is a business
services company dedicated to providing independent, holistic and client centric operational services to families
and niche entrepreneurs.
Prior to establishing Caystone Solutions in January 2012, Wendy served for 11 years as CEO and Executive
Director of the Bahamas Financial Services Board (“BFSB”). BFSB works with The Bahamas government,
regulators and private industry to ensure The Bahamas provides global clients with best in class financial
services.
Beginning her professional career in 1988, Wendy has worked in a variety of roles in the fund administration,
wealth management and audit fields.
She has served on various boards and committees including Bahamasair Holdings, Bahamas Electricity
Corporation, Bahamas Trade Commission, the Financial Services Consultative Forum and the Bahamas
Association of Mutual Fund Administrators.
Wendy is a Chartered Accountant and holds a Bachelors Degree in Accounting from the University of Waterloo,
Waterloo, Canada.
HAL WEBB, CANTOR & WEBB P.A.
Hal J. Webb, is a partner at Cantor & Webb P.A., a Miami, Florida based law firm focused on the representation
of ultra high net worth international private clients in the areas of cross border tax and estate planning, United
States tax compliance services, family office advisory services and cross-border real property transactions.
Mr. Webb frequently deals with sophisticated foreign trusts with United States beneficiaries, pre-immigration
planning, structuring foreign investment into the United States and voluntary disclosures.
Mr. Webb is a frequent author and lecturer, and holds leadership positions in various professional organizations
including Chairman of the STEP Miami Branch. He is also Chairman of the International Tax Inbound Committee,
Member of the International Tax and Real Property, Probate & Trust Sections of the Florida Bar,
as well as Member of the International and Tax Sections of the American Bar Association.
He has been awarded the highest “AV” rating by Martindale-Hubbell Legal Directory among other prestigious
distinctions, and has been included in Best Lawyers in America, Florida Super Lawyers, Leading Lawyers in North
America by Citywealth Magazine and Legal Week’s International Trusts & Private Client Elite List.
PAUL WEBSTER QC, O’NEAL WEBSTER
Paul is the senior partner of O’Neal Webster and head of the firm’s litigation department. He is one of
the most experienced litigation lawyers in the BVI and has appeared as counsel in the High Court, Court
of Appeal, and Privy Council (the BVI’s highest appellate Court) in many of the jurisdiction’s most notable
commercial cases of the past two decades. His standing as an advocate led to a temporary appointment
as a Judge of the Eastern Caribbean Supreme Court in 2001. In recognition of his record and reputation
as an advocate, Paul was appointed Queen’s Counsel on March 14, 2003.
Paul’s practice is concentrated in the areas of corporate insolvency and commercial litigation. He is a past
president of the BVI Bar Association and a member of INSOL.
Paul has given wide range of service with community and public service organizations. He presently
serves as the chairman of the BVI Social Security Board. He is a graduate of the University of the West
Indies, and the Norman Manley Law School in Jamaica.
Paul Webster is a Notary Public.
40
investment
|
tax
|
financial services
|
accountancy
A wealth of experience
Award-winning* Smith & Williamson has been looking after the
financial affairs of private clients, their families and business
interests for over a century
Members of our investment and tax investigations teams will be delighted to meet you
Alex Bowden
Investment partner
0207 131 4694
Nick Richards
Business development partner
0207 131 4095
Roy Baldwin
Tax investigations partner
0161 871 6615
Email: firstname.secondname@smith.williamson.co.uk
www.smith.williamson.co.uk
The value of investments and the income from them can go down as well
as up. The investor may not receive back in total the original amount invested.
Past performance is not a guide to future performance.
*UK Awards include: Citywire Wealth Management, investment performance award for 2013, 2012, 2011.
STEP Private Client Awards, Winner 2013 – Accountancy team of the year, Investment team of the year.
Smith & Williamson Investment Management LLP Authorised and regulated by the Financial Conduct
Authority.
Smith & Williamson Investment Services Limited Authorised by the Prudential Regulation Authority and
regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Smith & Williamson LLP Regulated by the Institute of Chartered Accountants in England and Wales for
a range of investment business activities. A member of Nexia International.
The Financial Conduct Authority does not regulate all of the products and services referred to in this document.
COMMITTEE
MEMBERS
CC14
CARIBBEAN
CONFERENCE
MAY 12-14, 2014
CONFERENCE CHAIR
DIANNE BINGHAM, BANK OF THE BAHAMAS INTERNATIONAL - BAHAMAS
Dianne Bingham, a 25-year veteran of the banking industry and recipient of the prestigious Bahamas
Financial Services Board (BFSB) Professional of the Year award, serves as Senior Manager, Private Banking
and Trust at Bank of The Bahamas International.
Dianne is the Past chairman of the Bahamas branch of the Society of Estate and Trust Professionals.
A graduate of the University of Windsor in Ontario, Canada, Ms. Bingham earned both a B.Sc. (Hons)
in Accounting and a B.A. in Economics. Registered holder of the CSC she also is a licensed TEP. She
began her financial services career as an accountant with the Nassau branch of PriceWaterhouse Coopers,
formerly PriceWaterhouse, subsequently accepting a position in the Nassau office of a major Canadian
bank and trust company, serving as Manger Client Accounting and later, as Director of its Private Client
Group.
A speaker at seminars and conferences covering both areas of her expertise, Ms. Bingham was named
‘Professional of the Year’ 2004 by the BFSB, and is past Director of the Bahamas Financial Services Board.
At Bank of the Bahamas she provides wealth management, investment advisory services, estate planning
and trust services to local and international high net-worth clients.
Since her appointment at Bank of The Bahamas in October 2008, she has boosted staff, developed the
department and helped triple the client base of the relatively new division of the award-winning bank.
NATALIE AUGUSTIN, FINANCIAL & CORPORATE SERVICES LTD. - ST. LUCIA
Natalie is a graduate of the University of Warwick (BA) and University of West London (CPE & Bar Finals)
with more than 15 years professional legal experience. Natalie, a Barrister, admitted to Middle Temple,
specializes in Corporate and Commercial Law, with an emphasis on incorporations, mergers, acquisitions
and licensing. Through her law firm GLITZENHIRN AUGUSTIN & CO., she also specializes in international
financial services, with an emphasis on the establishment of Licensed entities such as Banks and
Insurance companies through her firm of Registered Agents, FINANCIAL & CORPORATE SERVICES LTD.
(‘FINCOS’).
She serves and has served on the Board of Directors of the National Development Corporation, and is a
Committee Member of the St. Lucia Bar Association. She is also the current Chairperson and founding
member of both the local Branch of the Society of Trust & Estate Practitioners (STEP) as well as the
International Financial Services Association of St. Lucia. Natalie is fluent in German and in her spare
time she also serves as President on the Executive of a local Service Club. She enjoys travelling, art and
entertainment.
42
43
44
COMMITTEE
ANITA BAIN, THE CENTRAL BANK OF THE BAHAMAS - BAHAMAS
Anita M. Bain holds a B.A. degree in Accounting from Taylor University, Upland Indiana. She is a Certified
Public Accountant (CPA) and a member of the Society of Trust and Estate Practitioners (STEP). She is
currently employed at The Central Bank of the Bahamas as a Senior Bank Examiner.
Prior to joining The Central Bank of the Bahamas she held directorship and senior management positions
in the offshore bank and trust sector at several institutions. Mrs. Bain began her career with the Big Four
accounting firm, Ernst & Young and spent seven years with the Firm working in both The Bahamas and
New York offices on audit engagements for a myriad of companies mainly in the financial services sector.
She left Ernst & Young having attained the level of Audit Manager.
Mrs. Bain currently serves as the Chairperson of STEP Bahamas Branch and as a Director of the Bahamas
Financial Services Board. She is also a member of The Bahamas Institute of Chartered Accountants and
the Georgia State Board of Certified Public Accountants.
ROBERTO A. DE ARAUJO LÓPEZ, GALINDO, ARIAS & LOPEZ - PANAMÁ
Roberto is a Panamanian attorney and a Graduate of the Universidad Santa Maria la Antigua Law School
in Panama. After a long career in the public service, in 2007 he joined the law firm Galindo, Arias & Lopez
where he is principally engaged in commercial and private client matters particularly trusts and succession
planning.
Prior to joining the firm, he worked at the Bank Superintendence of Panama, where he held the offices
of Legal Advisor, Legal Director and Superintendent ad interim. He has also been Legal Advisor to the
Banking Superintendence of Colombia and to the Company Superintendence of Colombia.
Roberto is currently the Treasurer of STEP Panama Branch, and is fluent in Spanish, English and
Portuguese.
ELIZABETH HARPER, DANIEL, BRANTLEY & ASSOC. - NEVIS
Elizabeth holds a Bachelor of Laws (LL.B.) (Hons.) and a Bachelor of Arts (BA) (Hons.) from the University of
the West Indies. She is a graduate of the Norman Manley Law School, Jamaica.
Elizabeth is a Partner at the law firm - Daniel, Brantley & Associates. Her practice areas include Banking &
Finance, Commercial and Offshore Trust, Civil and Commercial Litigation, Company Law and Corporate
Law. Her client base consists of numerous international banks and corporations whom she advises on
various banking, commercial, trust, financial and securitization matters.
Elizabeth is admitted to practice in Jamaica and the Federation of St. Kitts and Nevis. She is a member of
the St. Kitts and Nevis Bar Association.
She currently serves as the Chairperson for the STEP Nevis Chapter and was the Conference Chair on the
STEP Caribbean Conference Committee 2013.
45
COMMITTEE
IVAN HOOPER, THE WINTERBOTHAM TRUST COMPANY LIMITED - URUGUAY
Ivan is currently Chief Executive Officer for The Winterbotham Trust Company Limited. He graduated
from Bath University, UK with a BSc in Business Administration and holds an MBA from the University of
Manchester, UK, on the Wealth Managers, Fiduciaries and Trustees programme. During his degree he
worked at Merrill Lynch International Bank, Private Banking, in London. After graduating, Ivan moved
to Lima, Peru, joining the stock brokerage firm Seminario Sociedad Agente de Bolsa, as Relationship
Manager. During the same period he was a daily columnist for Financial Web, writing a Latin American
markets economic roundup report. He also acted as an Independent Consultant for The Winterbotham
Trust Company (Uruguay) S.A. developing business in Peru, before joining the Group full time in July
2001 as Head of Business Development for the West Coast of South America. From August 1st 2004 Ivan
heads up Business Development for Winterbotham and from January 1st 2006 also the FX and Securities
Division, Winterbotham International Securities. He was appointed CEO as from January 1st 2012.
Ivan is a Member of The Society of Trust and Estate Practitioners, a founding member and the current
Chair of STEP - South America Branch, a Fellow of the International Compliance Association, is Licensed
as a Principal by the Securities Commission of The Bahamas and is a Director of the Association of
International Bank and Trust companies in The Bahamas and The Bahamas Financial Services Board.
KEISHA N. HYDE PORCHETTA, HARRIDYAL-SODHA & ASSOCIATES - BARBADOS
Keisha N. Hyde Porchetta is a senior lawyer at Harridyal-Sodha & Associates and has been practicing
since 2002. Keisha graduated from the University of the West Indies, Cave Hill Campus, having obtained
her degree in Bachelor of Laws. She then pursued her Certificate of Legal Education at the Norman
Manley Law School in Jamaica. In addition to holding a LLB (Hons) degree, Keisha is the current
Chairperson of the Society of Trust & Estate Practitioners (STEP), Barbados Branch, and also serves on the
Board of Directors of the Barbados International Business Association (BIBA).
Keisha brings a wealth of experience in a number of legal areas including Corporate and Commercial
Law, Real Property, Taxation, Trust and Estates, Insurance, Pensions, Shipping, Mergers and Acquisitions
and Bankruptcy and Insolvency among others.
ROLAND JONES*, RBC WEALTH MANAGEMENT - BARBADOS
In his current role, Roland leads a team of corporate and accounting professionals and has responsibility
for the oversight and development of the corporate book at RBC Wealth Management. Roland joined
RBC in April 2009 as a result of the acquisition of RBTT Trust Corporation where he worked as Senior
Manager since 2006. Roland is a director on RBC Financial Corporation and heads the Corporate
Management Services business for RBC Wealth Management Barbados.
His career in the Wealth Management business spans nineteen years and includes senior positions at
another major Canadian bank.
A native of Barbados, Roland is a member of the Certified General Accountants of Barbados (CGA),
the Institute of Chartered Accountants of Barbados (ICAB), the Institute of Canadian Bankers (ICB), and
has his STEP designation.
* Standing Member
46
W E A R E P R O U D T O B E R E CO G N I Z E D B Y O U R P E E R S
IN THE EUROMONEY† SURVEY 2014
AS AN
A W A R D - W I N N I N G P R OV I D E R
O F W E A LT H M A N A G E M E N T S O LU T I O N S
IN THE CARIBBEAN
Best Private Banking Services Overall – Caribbean
Best Tax Guidance and Services – Bahamas
Best Private Banking Services Overall – Cayman
Best Ultra High Net Worth – Cayman
For more information, please email trustinfo@rbc.com
or call David Lambotte at +1 345 914 4661. Alternatively
you can visit us online at rbcwealthmanagement.com.
There’s Wealth in Our Approach.TM
PRIVATE BANKING | INVESTMENTS | TRUST | CREDIT | CORPORATE AND INSTITUTIONAL SERVICES
†Euromoney Private Banking and Wealth Management Survey 2014
This advertisement is issued by Royal Bank of Canada Trust Company (Bahamas) Limited (“the Bank”) on behalf of RBC companies that comprise RBC Wealth Management in the Caribbean.
The Bank is regulated by the Central Bank of Bahamas and its registered office is Lyford Cay House, Western Road, Nassau. This advertisement does not constitute an offer of products or
services to any person in any jurisdiction to whom it is unlawful for RBC Wealth Management to make such an offer. ® / TM Trademark(s) of Royal Bank of Canada. Used under licence.
There are many trust companies
but only one Private Trust
Private Trust is the largest independent trust company in The Bahamas.
We earned this distinction by doing things differently.
Not beholden to corporate parents, Private Trust can craft innovative, dynamic and entrepreneurial solutions from the widest universe. Only the
very best will do for our clients around the world.
A classic trust company, Private Trust acts as trustee of relationships as
well as assets. Our success comes from our ability to nurture long-standing, personal and confidential associations with our clients and their professional advisors.
Independence, creativity and flexibility make us unique. Contact us for an
appointment to see how you can benefit from the freedom of our thinking.
The Private Trust Corporation Limited
Charlotte House, Charlotte Street,
PO Box N-65, Nassau, Bahamas
T 242-397-8000
F 242-326-8388
info@privatetrustco.com
privatetrustco.com
❙
48
Trusts & Foundations ❙ Company & Corporate Services ❙ Private Trust Companies ❙ Fiduciary Services ❙ Insurance ❙ Funds
COMMITTEE
VANESSA KING, O’NEAL WEBSTER - BRITISH VIRGIN ISLANDS
Vanessa is a partner in the private client team at O’Neal Webster, a premier offshore law firm based in
British Virgin Islands (BVI) and also with an office in London. Vanessa specialises principally on BVI offshore
trusts, wills estate planning and private client wealth management but enjoys a diversified practice which
includes corporate and commercial work. Her client base covers the major financial centres of the world,
domestic and international financial institutions, leading onshore law firms and trust companies.
Vanessa serves as the current Chairman of the BVI Branch of the Society of Trust and Estate Practitioners
(STEP BVI), and is a member of the BVI Financial Services Institute Advisory Council, the BVI Bar
Association and the Fiduciary Liaison Committee of the BVIFSC. Vanessa was also appointed by the
Premier of the BVI to sit on the Financial Services Business Development Committee
Vanessa’s recent accolades include being recognised as a leading lawyer by IFLR1000 2013, Legal500,
2014, Chambers Global 2014 and a recommended lawyer within CityWealth Leader’s List 2013.
LYNESHA LIGHTBOURNE, ANCHOR CORPORATE SOLUTIONS LTD. - BERMUDA
In October 2003, Lynesha Lightbourne began her career in International Trust Management at Bermuda
Trust Company Limited (a subsidiary of HSBC Bermuda). Lynesha obtained her Diploma in International
Trust Management in 2008 and has been a member of STEP since 2008. In 2010 she was elected as an
Executive Member of STEP Bermuda Branch and was recently selected to sit on the STEP Caribbean
Conference Steering committee. Lynesha is an active member of the STEP Bermuda Branch Education
sub-Committee and mentors students pursuing a career in International Trust Management.
In her current role, Lynesha is responsible for the oversight and development of the corporate book at
ACSL. Prior to joining Anchor Corporate Solutions Ltd. Lynesha worked for Butterfield Trust Bermuda
Ltd. as a Senior Trust Officer for Private Family Office managing the more complex trust structures and
relationships.
PEARLINE MCINTOSH*, BUTTERFIELD (BERMUDA) PRIVATE BANKING - BERMUDA
As Vice President, Private Banker, Pearline is responsible for developing private client business within
Bermuda.
Prior to joining the Private Banking team at Butterfield (Bermuda) Bank, Pearline held the position of
Deputy Head of Butterfield (Bermuda) Private Banking (Bermuda) Limited and Managing Director of
Appleby Trust (Bermuda) Limited.
Pearline presently serves as an Executive Member of STEP Bermuda Branch, as well as the Regional
Representative on the STEP Caribbean and Latin America Regional Committee. Pearline often mentors
those expressing a desire to pursue a career in International Trust Management and banking.
Pearline has been named on the Citywealth Leaders List 2012 as one of the Leading Trustee Prominent Figures.
Pearline is married with two children.
* Standing Member
49
COMMITTEE
ALAN MILGATE, RAWLINSON & HUNTER - CAYMAN ISLANDS
Alan is a Partner with the Cayman Islands firm and specialises in private client services including
international trust structures, private trust companies and purpose trusts.
He is a director of The R&H Trust Co. Ltd. and The Harbour Trust Co. Ltd., duly licensed Cayman Islands
trust companies owned and operated by Rawlinson & Hunter in the Cayman Islands. He also acts as
director of a number of private trust companies, other regulated entities and client companies.
Alan has over 15 years of international experience in the financial services industry and joined the Cayman
practice in December 1997. Prior to moving to Cayman, his career included experience with the taxation practice
of Deloitte in Canada and audit and assurance services in Canada, New Zealand and the Cayman Islands.
He is a qualified Chartered Accountant (Canada), Trust and Estate Practitioner (TEP) and a Chartered
Financial Analyst (CFA) charter holder. He is an Executive Committee member of the Cayman Branch of
STEP, a member of the STEP Caribbean Conference Steering Committee and is Deputy Chairman of the
Cayman Chapter of AIMA.
50
COMMITTEE
ANDREW MILLER, WALKERS - CAYMAN ISLANDS
Andrew Miller is based in Walkers’ Cayman Islands office and is head of the firm’s Global Trusts
Group. Andrew is also a member of the Steering Committee which drives the strategy of Walkers’ Global
Latin American Group. He specialises in all aspects of non-contentious British Virgin Islands and Cayman
Islands trust work. Prior to joining Walkers in 2003, Andrew was with a major London law firm for thirteen
years including five years as a partner and head of the firm’s private client department.
Andrew is a past Chairman and current Secretary of the Society of Trust and Estate Practitioners in
Cayman, on the steering committees for the STEP Caribbean and Latin American Conferences, a member
of the International Tax Planning Association and a past Caribbean and South American chair of the trusts
and estates group of Lex Mundi. He also speaks regularly at trust related conferences including STEP, IPC,
IT&TPS and ITPA. In addition, Andrew contributes to various international trust journals and the Cayman
Islands section of several publications, including the Trident Practical Guide to International Trusts, the
Practical Law Private Client Multi jurisdictional Guide, the Private Wealth & Private Client Review, the
STEP Directory and Yearbook and Longman’s International Trust Precedents.
evised
7/3/14
15:57
Deutsche Bank
db-ci.com
Page 1
Looking for a trusted partner in the Caribbean?
Deutsche Bank has the solution.
Deutsche Bank's global reach and expertise connect our businesses, regions and markets.
This enables us to provide innovative financial solutions to meet our clients' most complex
needs. At Deutsche Bank, our aim is to work in partnership with financial intermediaries
and trustees to add value to the service you deliver to your clients.
As your financial solutions partner, with over 30 years’ experience serving the Caribbean
market from the Cayman lslands, we have the expertise and understanding to help you
deliver and create value for your most discerning clients.
To learn more about our financial solutions in the Caribbean, please contact:
Janet Hislop, Head of Financial Intermediaries
Tel: +1 (345) 914 5650 email: janet.hislop@db.com
World’s No.1 FX Bank
Euromoney FX Poll 2005 - 2013
or
Trevor Spinney, Client Advisor, Financial Intermediaries
Tel: +1 (345) 914 5620 email: trevor.spinney@db.com
Deutsche Bank (Cayman) Limited is regulated by the Cayman Islands Monetary Authority
51
COMMITTEE
RISHI MUNGAL, MORGAN & MORGAN TRUST CORPORATION (BELIZE) LTD - BELIZE
Rishi Alain Mungal is an Attorney-at-Law and Notary Public currently serving as Head Legal Counsel
Morgan & Morgan Trust Corporation (Belize) Ltd., a branch of the international Morgan & Morgan Group
of legal advisors and fiduciary offices (www.morimor.com). Originally a citizen of Trinidad & Tobago,
W.I. and presently residing in Belize, C.A., he is trained in the law of the Commonwealth Caribbean and
admitted to practice in Belize.
Mr. Mungal holds degrees in Bachelor of Laws and Bachelor of Arts in English Literature & Political
Science (both with Upper Second Class Honours) from the University of the West Indies (Trinidad
and Barbados campuses respectively) and a postgraduate Legal Education Certificate from the Hugh
Wooding Law School (St. Augustine, Trinidad).
He is a member of the Belize Bar Association, the current Vice President (Services) of the Belize Chamber
of Commerce & Industry (www.belize.org) and sits on the Executive Committee of the Belize Offshore
Practitioner’s Association (www.bopa.bz). He is the founding Chairman of the Belize Chapter of the United
Kingdom headquartered Society of Trust and Estate Practitioners (www.step.org).
Mr. Mungal advises and assists on specialized matters of International Financial Services, Corporate and
Maritime law, Trusts and Intellectual Property.
ANTHONY PEREA, MIAMI - USA
Anthony Perea is a seasoned international banker with over 20 years experience in trust, private banking
and wealth planning. His particular focus is on trust and estate planning for single and multi-generational
high net worth and ultra high net worth individuals and families.
Anthony was the past President, Chief Executive Officer, Director and Member of the Executive
Committee of Mercantil Commercebank Trust Company, N.A., located in Coral Gables, Florida. Mr. Perea
was also a Director of Mercantil Bank & Trust, Ltd – Cayman located in the Cayman Islands and an affiliate
of Mercantil Commercebank Trust Company, N.A.
Prior to joining Mercantil Commercebank Trust Company, N.A., Mr. Perea held senior positions in the
areas of fiduciary operations and wealth management for a variety of highly regarded banking institutions,
including Dresdner Bank Lateinamerika, A.G in Miami; the Bank of Tokyo-Mitsubishi, Ltd in Coral Gables;
and Banco do Estado de São Paulo (BANESPA) in New York City.
He is a Registered Trust and Estate Practitioner (TEP) with the Society of Trust and Estate Practitioners
(STEP) and member of the STEP Miami Branch Board.
He obtained his bachelor’s degree in Economics and Business Administration from Interamerican
University and has completed graduate coursework in Trust and Equity Law with the University of London.
ANDREE PICHE, BORDIER BANK (TCI) LTD. - TURKS & CAICOS
Ms. Piche is a Canadian national who has extensive experience in the offshore financial industry having
worked in the Turks & Caicos Islands since 1991.
She is currently employed by Bordier Bank (TCI) Ltd. in the capacity of Manager of Trust and Mutual Fund
Services. Before joining Bordier Bank (TCI) Ltd. in 2004, she worked for the law firm of Twa, Marcelin Wolf
as accounting and corporate services manager.
Ms. Piche obtained her Diploma in International Trust Management with distinction in 2004 and has been
a member of STEP ever since. Andre serves as Treasurer of the STEP Turks & Caicos Branch and is on the
Board of Directors of Anglo-Swiss Trust Company Ltd., a subsidiary of the Bordier group of companies.
She is fluent in French.
52
COMMITTEE
CARLYLE ROGERS, STAFFORD CORPORATE SERVICES LTD - ANGUILLA
Carlyle K. Rogers is a barrister by profession having studied law in London at Queen Mary and Westfield
College, University of London, where he obtained an LLB (Hons) degree in 2001 and with the University of
London (International Programme) from which he obtained an LLM degree in Corporate and Commercial
Law in 2005. He completed the Professional Legal Studies Course (the Bar) in Auckland, New Zealand
at the College of Law, studied Legal Ethics with the College of Law in New South Wales, Australia and
was admitted to the New Zealand High Court in 2011. He completed the Legal Education Certificate
(LEC) at the Hugh Wooding Law School in Trinidad in March 2013 and was admitted as a barrister of the
Eastern Caribbean Supreme Court in Anguilla and BVI in 2013. Prior to his legal studies, he completed an
Associates of Arts degree in Business Management and a Bachelors of Arts (Summa Cum Laude) degree in
Business Administration (Finance) from the University of the Virgin Islands in 1995. He was also awarded an
MBA degree in Finance from the City University Business School (now the Cass Business School) in London
in 1996 where he studied as a Commonwealth Scholar.
Upon leaving the Albena Lake-Hodge Comprehensive School in 1989, he was employed as an Uncertified
Teacher at the then Road Primary School and Albena Lake-Hodge Comprehensive School until 1992.
He held the position of Deputy Director of the Anguilla Financial Services Commission, previously the
Financial Services Department of the Ministry of Finance, from 1999 – 2006 where he was responsible for
assisting in regulating the financial services industry.
Mr. Rogers has published and presented many papers concerning the Financial Services industry in
Anguilla and in general including “Establishing a hedge fund in Anguilla,” “Anguilla: An innovative captive
domicile” and “The Protected Cell Company – a unique corporate vehicle of which Anguilla is justly
proud.”
He presently owns and manages the Stafford Group of Companies in Anguilla which are providers of trust,
corporate, fund and other financial services to international clients and well as being a practising barrister.
JOSÉ ANDRES ROMERO, AMICORP CURACAO B.V. - CURACAO
José Andres Romero is an international attorney with more than 20 years of professional experience
in international tax, wealth planning, capital markets and cross-border transactions. Mr. Romero
obtained his Law Degree from Andres Bello Catholic University (Caracas, Venezuela, 1993); an LL.M.
Degree from Cornell University (Ithaca, NY, 1996) with emphasis in U.S. Taxation, Corporate Law and
Financial Accounting; an Specialization Degree in Fiscal Law from Andres Bello Catholic University
(Caracas, Venezuela, 1998) and an LL.M. Degree in International Taxation from the University of Florida
(Gainesville, FL, 2010). Mr. Romero possesses a Diploma in Taxation from Universidad Latina de Panama
(2006), a Securities Broker License and a Capital Markets Key Executive License both granted in 2012
by the Panamanian Superintendence for the Capital Markets. Mr. Romero has worked in the in-house
multinational company environment and tier 1 multinational professional services firm environment,
including firms from Venezuela, Panama, the United States and the Dutch Caribbean. Mr. Romero is a
frequent international speaker and writer on tax transparency subjects including FATCA and tax-compliant
structuring for Latam beneficial owners. Mr. Romero is Head of Business Development for the Latam
Region with Amicorp and is also Chair of STEP, Curazao Branch.
53
EMERITUS
MEMBERS
CC14
CARIBBEAN
CONFERENCE
MAY 12-14, 2014
JOHN LAWRENCE, WINDERMERE CORPORATE MANAGEMENT LIMITED - BAHAMAS
John Lawrence is a director of Windermere Corporate Management Limited and Windermere Yacht
Services Limited. The Windermere Group is based in Nassau, Bahamas and provides Family Office
Services including umbrella asset management, private trust company services, estate management,
corporate services, property management, yacht registration, accounting, foundations, structuring &
administering variable life insurance products, consulting and other financial services.
John started his career at Pricewaterhouse, Boston in the international tax practice. He then went onto
private banking, working for Coutts & Co. for 7 years and subsequently as the Managing Director for
MeesPierson (Bahamas) Limited where he worked for 9 years.
John is currently a Deputy Chairman for STEP Worldwide. Also he is a STEP Worldwide Council Member,
a STEP Worldwide Board Member, and is past Chairman for the STEP Caribbean and Latin America
Region. He has severed on the boards of numerous companies including international bank & trust
companies, insurance companies and he has served as a board member for the Bahamas Financial
Services Board (“BFSB”).
HÉLÈNE ANNE LEWIS, SIMONETTELEWIS - BRITISH VIRGIN ISLANDS
Hélène Anne Lewis is a national of Trinidad and Tobago and English qualified lawyer of more than twentyfive years who has been practising in the BVI for more than twenty years. She is the Founding Partner
of SimonetteLewis a boutique law practice that serves as BVI legal advisers to private banks in Europe
and Asia as well as to private wealth advisers and high net worth individuals onshore. She has presented
to several conferences on Trust, Compliance and Corporate issues and is a member of the organising
committee of one of the trust industry’s most successful conferences – the STEP Caribbean Conference
which she has chaired twice in her capacity as Chairman of the BVI Branch of the Society of Trust and
Estate Practitioners (“STEP”). She is now a member of the STEP Governing Council as a representative of
the STEP Caribbean Region and a member of the STEP Board of Directors.
CHRIS MCKENZIE, O’NEAL WEBSTER - BRITISH VIRGIN ISLANDS
Chris McKenzie was elected as the chair of STEP’s Caribbean and Latin America region in 2010 after
having been elected to serve on STEP’s Council as one of the region’s two Council members from 1999 to
2010. He was the founding Chair of the British Virgin Islands branch.
Chris was admitted to practise as a lawyer in that jurisdiction in 1996 and was head of Harneys’ trusts
team from 1996 to 2004 when he joined Walkers as a partner. He relocated to London at the end of 2012
and became a partner of O’Neal Webster in 2013.
Chris chaired the STEP committee, the proposals of which led to the enactment of the BVI’s VISTA trust
legislation and its regulations enabling exempt private trust companies to be set up. He has sat on
various BVI government appointed committees, is a frequent speaker at international conferences and
has written many of the leading works on British Virgin Islands trust and succession law. He is also a
former Vice President of the BVI Bar Association and is the Chair of its probate committee. He has been a
member of the Caribbean Conference steering committee since 1999 and is also admitted to practise in
Anguilla.
55
NOTES
IMAGINE A BANK
Imagine a bank where your interests really do come first.
Imagine a bank without risky sovereign debt or toxic assets on its balance sheet.
Imagine a bank whose owners have steered a course through over 40 financial crises.
Imagine a bank that’s been looking forward for seven generations.
Imagine a bank that protects your family’s wealth.
Welcome to Lombard Odier.
Private Bank
Geneva · Amsterdam · Bermuda · Brussels · Dubai · Frankfurt · Fribourg · Gibraltar · Hong Kong · Lausanne · London
Lugano · Luxembourg · Madrid · Milan · Montreal · Moscow · Nassau · Panama · Paris · Singapore · Tokyo · Vevey · Zurich
Lombard Odier & Cie (Bahamas) Limited
Goodman’s Bay Corporate Centre · West Bay Street · Nassau - Bahamas
Tel: (242) 302 2100
NOTES
NOTES
NOTES
S
ER
D
V I C E S LT

2014 Delegate Supplement

Transcription

Similar documents

cruising - Royal Caribbean Incentives

bahamas.co.uk

Report on Private Giving 2008-2009

caribbean invitation-4

founders awards eng