On 20-21 November 2018, Stevenson, Wong & Co. Partner Ms. Wendy Lam and Consultant Ms. Shirley Sin attended STEP Asia Conference 2018 held at Grand Hyatt Hong Kong. The two-day conference gathered over 50 experts from different jurisdictions to share their insight and experience in a wide spectrum of global issues and specialist topics.
The two-day conference covered various issues – “PRC succession issues”, “Blockchain 101 for the private wealth industry”, “Protecting today’s wealthy families”, “Buying and selling trust and corporate service providers”, “Innovative trust provisions being considered in more conservative courts”, “Family retreats – the way forward?” and “US reform – impact on the private wealth industry”.
The keynote speech on day one was titled “Why these things matter”. This address examined the philosophical foundations of legal privileges, protections and conventions. The conference also included an analysis of certain fundamental privileges and how the OECD’s initiatives are a potential threat. The break-out sessions provided an insight into taxation and other planning concerns.
Acting Secretary for Financial Services and the Treasury, Mr. Joseph Chan gave a keynote speech on “The state of private wealth management in Hong Kong”. He shared his vision for the continued development of private wealth management in Hong Kong. Day two break-outs considered a range of topics on tax and trusts and also, looked at how issues relating to an ageing population may affect the industry.
Please contact our Ms. Wendy Lam or Ms. Shirley Sin for any enquiries or further information about this event.