hero

Mourant Guernsey Trusts Forum

Event

Date:

9 March 2021

Times:

9:00am - 7:00pm 

Venue:

St Pierre Park Hotel 

Mourant Guernsey Trusts Forum

Please note that this event has been rescheduled from March 2020, and will now take place on 9 March 2021.

Please see below for the full agenda, which is subject to change. This event is CPD accredited for 6 hours.

Members of our leading International Trusts and Private Client team will join industry experts in delivering insights on key topics and trends in the private client sector. 

This year Julian Wheatland, formerly of Cambridge Analytica, will give our keynote address. Julian oversaw the growth of the company from 2015 to 2018 into one of the most influential data analytics companies in the world. In 2018, following the media controversy surrounding the company, he stepped into the role of CEO in order to wind it down.

After focusing on ensuring the orderly closure of the business Julian broke his self-imposed embargo, publicly commenting in the fascinating 2019 Netflix documentary "The Great Hack".

Julian's keynote will tell the extraordinary story of the rise and fall of Cambridge Analytica and will also address the PR challenges posed by being at the centre of a major media story and the wider issue of how our data is being used.

The Forum will be chaired by Paul Hodgson, Managing Director of Butterfield Trust.

To register, please click below. Tickets are priced at £160pp.


AGENDA

 

Guernsey Trusts Forum Agenda 2021

Time

Session

Summary

Speakers

9:00am - 9:25am

Registration and coffee

 

 

9:25am - 9:30am

Welcome from Mourant

  

Matthew Guthrie, Mourant

9:30am - 9:40am

Chairman's Opening Remarks

 

Paul Hodgson, Butterfield

9:40am - 10:20am

Case Round Up

The panel will select some of the key cases emerging in 2019 to review and look at how they might impact the clients of, and those working in, the private client industry.

Moderator | Abel Lyall, Mourant
Speakers:
Jim Edmondson, Mourant
Anthony Poulton, Baker McKenzie
Andrew Holden, XXIV Old Buildings 


10:20am - 11:00am

Under Siege, current threats to Trustees from within and without

What should concern trustees at present?  What are the threats and what precautions should trustees be taking?  In this session an experienced bench of panellists will discuss current threats to trusts and trustees such as third party attacks (including unexplained wealth orders and attempts to have a trust declared a sham), beneficiary attacks (including attempts to terminate a trust under the principle in Saunders v Vautier) and beneficiary requests for information.

Moderator | Gordon Dawes, Mourant
Speakers:
Catherine de Maid, Burges Salmon
Jenny McKeown, Stephenson Harwood
Gilead Cooper QC, Wilberforce Chambers

11:00am - 11:25am

Coffee Break

 

 

11:25am - 12:05pm

Insolvent Trusts

This session will consider the latest developments in the creation by the Jersey courts of an insolvency regime for trusts and, in particular, the practical implications of the decisions of the Royal Court and Court of Appeal in Re Z Trusts (now under appeal to the Judicial Committee of the Privy Council).

Moderator | Justin Harvey-Hills, Mourant 
Speakers:
Giles Richardson, Serle Court
Melanie Hart, Ince Gordon Dadds

12:05pm - 12:45pm

An update on Economic Substance & the French taxation of trusts

Tax director Mark Savage will discuss the guidance issued recently for Channel Islands’ companies needing to provide evidence of economic substance. In addition he will give examples of ways in which companies, especially those owned by trusts, are preparing themselves to meet this change.
French tax director, Virginie Deflassieux will cover the French reporting obligations for “French Connected” trusts, the French tax exposure for the trust parties and the developments since the French trust law was published.

Moderator | Matthew Guthrie, Mourant
Speakers:
Virginie Deflassieux, BDO
Mark Savage, BDO

12:45pm - 1:45pm

Lunch

 

 

1:45pm - 2:25pm

Mandatory Disclosure Rules and their Impact on Private Client Structures

The governments of both Guernsey and Jersey have given political commitments to introduce a mandatory disclosure regime in relation to CRS
Avoidance Arrangements and Opaque Offshore Structures, and the regime is expected to be in force during 2020.  Within the EU, a similar regime (known as DAC6) is already in the process of being implemented.  This session will look at the expected implications of the new legislation for clients, advisers and service providers

Moderator | Matthew Guthrie, Mourant
Speakers:
Edward Devenport, Mourant 
Jennifer Smithson, Macfarlanes
Sophie Dworetzsky, Charles Russell Speechlys

2:25pm – 3:05pm

What the future holds – next generation leaders discuss the trends, challenges and opportunities they expect to see in the years to come

What the future holds – next generation leaders discuss the trends, challenges and opportunities they expect to see in the years to come. A panel of rising and well-known legal associates will discuss those changes we may be seeing in future (or those we are already seeing) in the private wealth industry.  The panel will consider a variety of topics, from developments in investment strategy and new age entrepreneurship to changes in client demographic and family make-up.  The panel will share and comment on first-hand experience as well as recent legislative and case law developments.

Moderator | Catherine Moore, Mourant
Speakers:
Yindi Gesinde, Baker McKenzie
Ben Lister, Taylor Wessing
Alice Vink, Stephenson Harwood

3:05pm - 3:30pm

Coffee Break

 

 

 

 

3:30pm – 4:10pm

US Tax Update

This session will look at US tax changes affecting offshore trustees, including the taxation of private trust companies.

Speakers:
Elise McGee | McDermott Will & Emery LLP
Michael Rosen-Prinz | McDermott Will & Emery LLP

4:10pm - 5:00pm

Keynote Speaker

Julian's keynote will tell the extraordinary story of the rise and fall of Cambridge Analytica and will also address the PR challenges posed by being at the centre of a major media story and the wider issue of how our data is being used.

Julian Wheatland, formerly of Cambridge Analytica

5:00pm - 5:10pm

Chairman's closing remarks

 

Paul Hodgson, Butterfield

5:10pm - 6:30pm

Drinks & Canapés Reception