What ails the trustee in this modern trust world?
Being conferred the widest power in accordance with the trust instrument, the trustee faces imperceptible constraints in relation to change of beneficiaries, making ‘indirect distributions’ to beneficiaries, investment losses caused by someone else, fiduciary protectors, strength or weakness of Anti-Bartlett provisions to backend accounting.
Join STEP Singapore in this seminar to relook at these BIG fiduciary pair of trustees’ shoes and his footprints when he exercises his fiduciary duties.
12.00 – 12.30pm: Registrations and Standing Buffet Lunch
12.30 – 12.35pm: Opening Remarks by Moderator
Mr Ng Teck Wee Keith – Executive Director, Trust Management, Vistra Trust (Singapore) Pte. Limited
12.35 – 01.50pm: Putting Trustees on the Fence
Prof Kelvin F.K. Low – Professor, National University of Singapore
Mr Peter Milnes – Partner, Rawlinson & Hunter (Singapore) Pte. Limited
01.50 – 02.00pm: Q&A Session
Prof Kelvin F.K. LowProfessor
National University of Singapore
Kelvin F.K. Low read law at the National University of Singapore and Oxford University and started his academic career at the National University of Singapore. Prior to rejoining his alma mater, he taught at the University of Hong Kong, Singapore Management University, and City University of Hong Kong. Kelvin’s research interest spans the field of private law but with a particular interest in property, broadly defined. He has published internationally with leading journals such as the Law Quarterly Review, the Modern Law Review, the International & Comparative Law Quarterly, the American Journal of Comparative Law, Melbourne University Law Review, Lloyd’s Maritime and Commercial Law Quarterly and Legal Studies.
He is a co-author of the 2nd edition of The Law of Personal Property, the leading personal property text in the Commonwealth and co-author of the 3rd and 4th editions of Tan Sook Yee’s Principles of Singapore Land Law, the leading Singapore land law text. His works have been cited by the courts in Australia, Canada, England and Wales, Hong Kong SAR, Malaysia, New Zealand, and Singapore as well as law commissions and law reform bodies in Australia, England and Wales, Ireland, New Zealand, Scotland, and Singapore.
Mr Peter MilnesPartner
Rawlinson & Hunter (Singapore) Pte. Limited
Rawlinson & Hunter’s Singapore office is headed by our resident Director Peter Milnes. He has over 20 years of international experience focused on Asia and the Middle East. Peter has extensive experience in statutory accounting in Singapore, Thailand, Indonesia, UK, US, UAE, and France, as well as in depth knowledge of trust accounting and tax structuring in various jurisdictions. Familiar with management reporting in both large MNC’s and smaller organisations, Peter has a unique skill base and understanding of the accounting and structuring requirements of large organisations, family offices and boutique enterprises.
Peter is a Fellow Management Accountant (FCMA/CGMA) and a Chartered Accountant of Singapore, with degrees in Economics and Economic History, and has wide-ranging experience working for family offices and major financial institutions. Peter is also TEP qualified and a member of the STEP Professional Standards Committee.
Mr Ng Teck Wee KeithExecutive Director, Trust Management
Vistra Trust (Singapore) Pte. Ltd
Keith is presently an Executive Director and the Head of the Trust Relationship Management Singapore with the Private Wealth Team in Vistra. Keith Ng entered the trust industry in 2004 and for most part of his career, Keith focused on Asian private clients. Keith is cognizant of the Asian private client family cultures and values. Keith continued pursuing his passion serving the high and ultra-high net worth private clients across multiple jurisdictions. Over the years, he has accumulated experience in managing wide spectrum of trusts and other fiduciary structures involving cross-border solutions, restructuring work and contentious matters. Singapore remains the trust jurisdiction Keith is most au fait with. Keith graduated with a bachelor’s degree in commerce from the University of Queensland, Australia, in 2004. Keith completed his diploma in International Trust Management in 2008. Keith subsequently went on to upgrade himself by attaining an Advanced Certificate of Trust Services from Wealth Management Institute, Singapore, in 2010.