Professional Trusteeship: essential skills and knowledge

1.5 PD hours

Description

This webinar is designed to be your basic induction and survival guide. It will introduce newly appointed Trustees to the dynamics and role of the professional Trustee who operates offshore and act as a reminder of the high duty of care that is required to avoid regulatory censure and warn of some of the more common pitfalls where Trustees have mismanaged trusts. It explores what makes a Trustee “fit and proper” by examining their duties, powers and liabilities by reference both to the legal and regulatory framework and via contemporary case studies that are worked through.

Content

Trustee duties and liabilities
APT risks
Constructive Trusts
Managing the risk of a Sham
Effective administration for professional trustees
International Trust options - STAR and VISTA Trusts

Presenter

Jo French

Expert Trainer at the School of International Financial Services

Jo, through her company JETT Limited, specialises in developing contemporary bespoke, technical in-house CPD programmes covering a range of AML, compliance and governance issues. She has over 25 years’ experience in delivering credible training to a wide range of financial service businesses both in the Crown Dependencies and internationally, as well as institutions that include the BBA, the ACSP in the Isle of Man, Guernsey Training Agency and the Jersey International Business School where her role also extended to delivering on Buckingham University’s BSc (Hons) in International Financial Services degree as part of their faculty.

In addition, she has taught on the International Compliance Association’s full range of AML and compliance qualifications since 2005, and as a Fellow of the Governance Institute (formally ICSA) written and delivered across both level 4&5 Certificate and Diploma, as well as the qualifying scheme, (subjects include Corporate Governance, Risk Management, Boardroom Dynamics, Company Law and Company Compliance and Administration.) Jo’s ICSA students have won many international prizes, most recently in Trust and Company Administration in May 2021, and CORE in the November 2021 exams.

A committed educationalist, Jo has a First Class Law Degree (LLB) and Masters in Law (LLM) (Merit) from Queen Mary University of London specialising in financial services law. She is passionate about the delivery of accessible and innovative training courses.