Agenda (Day 1)

SETTING SAIL AGAIN

20th January 2022

Congress Centre Kursaal, Interlaken, Switzerland.

DAY 1 THEME: NAVIGATING SAFELY IN TROUBLED WATERS

REGISTRATION, BREAKFAST AND NETWORKING

Kindly sponsored by Butterfield Trust (Switzerland) Ltd

WELCOME FROM SWISS & LIECHTENSTEIN STEP FEDERATION AND CHAIR'S OPENING REMARKS

Andrew McCallum TEP - Managing Director, Rhone Trustees (Switzerland) SA; Chairman and member of the organising committee, Swiss & Liechtenstein STEP Federation; Treasurer and committee member of STEP Geneva and the Swiss Association of Trust Companies

WELCOME FROM STEP WORLDWIDE

Mark Walley - Chief Executive Officer, STEP Worldwide

 

 

KEYNOTE ADDRESS

Speaker to be confirmed

ECONOMY & FINANCE

  • Ecosystem of the financial industry, its developments and the impacts on the trust business
  • The behavioural side of investments
  • Concerns of private clients and trustees? What services and products do they need in the future?
  • The trust business industry from the banks’ perspective

H.S.H. Prince Michael of Liechtenstein TEP - Executive Chairman, Industrie- und Finanzkontor Etablissement, Wealth Presentation Experts (Moderator)  

Professor Dr Thorsten Hens - Department of Banking and Finance, University of Zurich 

Marcello Sala - Partner, Apis Partners LLP

Marie-Therese Yates, Managing Director, Wealth Advisor Switzerland, JP Morgan Private Bank  

SWISS & LIECHTENSTEIN STEP FEDERATION - STUDENT AWARDS

Kindly sponsored by CLT International Ltd

Dr Johanna Niegel TEP - Senior Client Advisor, Allgemeines Treuunternehmen (ATU); Member of the conference organising committee, Swiss & Liechtenstein STEP Federation; Deputy Chairman, Verein STEP; Chairman, Vaduz Centre of Verein STEP

Filippo Turato TEP – Trust and Wealth Planner, Capital Trustees AG; Member of the conference organising committee, Swiss & Liechtenstein STEP Federation; Secretary of STEP Lugano

LUNCH

CHAIR'S OPENING REMARKS

Andrew McCallum TEP - Managing Director, Rhone Trustees (Switzerland) SA; Chairman and member of the organising committee, Swiss & Liechtenstein STEP Federation; Treasurer and committee member of STEP Geneva and the Swiss Association of Trust Companies

THE IMPACT OF THE CORONA CRISIS ON THE PRIVATE CLIENT INDUSTRY

  • Employment (including dismissal, holidays and inability to work)
  • Immigration (including work permits and quarantine)
  • Social security (including affiliation and reduced working hours benefits
  • Trust investment implications - after the shortest crash in history is this a signal of future issues. What lessons have been learned?
  • Trust client / relationship communication - new channels, more frequent, innovative techniques
  • Private client education / succession – education for children – beneficiaries – delegation
  • Team development - nurturing new and key employees when socially distanced
  • Commercial - lower overheads, travel costs – what are client expectations?
  • Being ready to address the need for more robust succession planning including tackling key man risk
  • Dealing with the impact of the less obvious effects of the crisis including strained relationships and matrimonial breakdowns, unexpected deaths, increased perception of geopolitical risks
  • What factors influence trust in Swiss family office banking relationships ?
  • What key factors of trust in the COVID19 setting do we have in Switzerland today ?

Dr Roderik J P Strobl TEP - Relationship Manager for key clients, Leo Trust (Switzerland) Ltd  (Moderator)

James Day – Managing Director, Peritus Investment Consultancy

Dawn Goodman TEP – Partner, Withers

Rayan Houdrouge – Partner, Lenz & Staehelin 

TRUSTEE REGULATION: AN UPDATE

  • Structures exempt from FinIA
  • Licensing requirements for Swiss and foreign trustees
  • FINMA authorisation process
  • Focus and priority areas for FINMA
  • Liechtenstein law perspective 

Fabianne de Vos Burchart TEP - Attorney at Law, Schellenberg Wittmer (Moderator)

Roland Altmann - Deputy Managing Director, Liechtenstein Institute of Professional Trustees and Fiduciaries, Vaduz

Thomas Hirschi - Head of Asset Management Division, Swiss Financial Market Supervisory Authority FINMA

Kenneth Ukoh - Head Portfolio Managers and Trustees, Swiss Financial Market Supervisory Authority FINMA

NETWORKING & REFRESHMENTS

EXCHANGE OF INFORMATION/TRANSPARENCY

  • CRS & FATCA update
  • Mandatory disclosure rules - DAC6 and its impacts
  • BO registers

Filippo Noseda TEP - Partner, Mishcon de Reya LLP and Visiting Professor, King’s College London (Moderator) 

Konrad Hauptli - Of Counsel, Kendris Ltd 

Vania Petrella - Partner, Cleary Gottlieb Steen & Hamilton LLP    

THE FUTURE OF THE TRUST & ESTATE PLANNING INDUSTRY: TAX, SUBSTANCE & ASSET PROTECTION

  • Is offshore its own worst enemy?
  • The post Covid tsunami
  • Post-covid higher tax burden – what structures could help to preserve family wealth
  • State surveillance in a turbulent polarized world – what needs to be done to protect your assets
  • Discretionary powers in over-compliant world – ABC of choosing your fiduciary 

 

Stephanie Jarrett TEP – Owner, Offices of Stephanie A Jarrett (Moderator) 

Olga Boltenko - Founding Partner, Boltenko Law GmbH

Edward John David Buckland TEP - Senior Client Partner, LGL Group  

James Corbett QC TEP - Senior Counsel, Baker & Partners

DAY ONE - ROUND-UP

DRINKS RECEPTION - VICTORIA JUNGFRAU

GALA DINNER - VICTORIA JUNGFRAU

Kindly sponsored by Schellenberg Wittmer Ltd