Programme - Thursday 13 September 2012

08:00	Registration
08:50	Chairman's opening remarks
09:00	KEYNOTE ADDRESS: Enhancing competitiveness in Asia's evolving wealth landscape In this insightful keynote address, our speaker will consider the significant growth in Asia's dollar millionaire community which is set to double and the consequent growth in the region's private client law community. What role can experts in Hong Kong and Singapore play in building and enhancing the industry? How should private client lawyers approach the burgeoning wealth hubs of China and India along with other developing wealth hubs? How is the consolidation of industry impacting clients and enhancing competitiveness?
09:30	PANEL DISCUSSION: The dragon and tiger: Wealth management for China and India's riches As economic growth in China and India slows, wealth managers and advisers must adapt to a more constrained environment and understand the best practices by which to approach and manage client relationships in these countries. Understanding taxation, governance and trust regulations The cultural dos and don'ts of marketing How best to manage complex issues including FX controls, offshore trust planning mechanisms and asset protection
10:15	Morning coffee break
10:45	PANEL DISCUSSION: Made of steel: Effective strategies for asset protection The very real threat of political instability in developing nations across Asia requires that wealth is managed well and protected in the event of unforeseen circumstances. Estate planning for multiple jurisdictions Creating a fail-safe asset protection structure in the event of an emergency Citizenship planning and relevant considerations (tax implications, time requirements, regulations) Ensuring enough wealth remains to maintain lifestyles
11:30	Refreshments
11:45	INTERACTIVE FOCUS GROUPS
	Charity and philanthropy for Asian HNWs As Asian HNWs develop their understanding of philanthrophic activities, what opportunities are emerging for the WM community? How is the role of philanthropy evolving for HNWs? Understanding the different structures and relevant pros and cons of each Establishment, administrative and governance considerations The conflicts that arise when advising philantrophic activity: profits vs. best interests of client	Achieving the balance between effective planning and control This session will consider managing the expectations of family business owners who are reticent to relinquish control despite it being in their best interest. Managing capital while maintaining the family's interest The need for education on governance and succession planning Achieving a fair balance between family members within and outside the business
12:45	Lunch
13:45	Taxation This session will provide an in-depth view of major tax regulation across the region and globe. The importance of viewing taxation in the international context Important hubs and havens: Labuan, Singapore, Hong Kong and SEA Trimming the technicalities: what you need to know	Insuring against the future While the personal insurance industry in western markets is much more developed, there has yet to be a truly realised role for it in Asian wealth management planning. What is the role of insurance in wealth management planning outside of Asia? How has it been used effectively for risk management and asset protection? What can Asia HNWs learn from this?
14:45	The evolving threat of financial crime As the fallout of the global financial crisis of 2008 continues, money-laundering, fraud and financial crime continue to plague organisations across the globe. How should the industry promote awareness of financial crime and set up structures to protect against it? Understanding the core elements of money-laundering and fraud Establishing robust safeguards to protect Asian businesses	The threat and consequences of divorce This session will consider the necessity of an effective plan for divorce in Asian HNW families. Key jurisdictional and cultural variances when dealing with divorce and matrimonial assets Pre-planning vs retroactive planning Recent landmark cases including Li vs. Tsang
15:45	Coffee break
16:15	PRESENTATION: Encroaching US regulations: FATCA The overreaching arm of US regulations has become a familiar discussion point since the global financial crisis. Like Dodd-Frank and Volcker, FATCA as causing frustration for businesses across the globe. How FATCA impacts Asia: tax, securities distribution and reporting requirements How are institutions across managing relationships with American clients and counterparts in light of FATCA? Political implications: what does it mean for smaller offshore centers without preferential trading relationships with the US?
16:45	CROSS-INDUSTRY DEBATE: What next for the rapidly expanding wealth management industry in Asia? This panel discussion will invite key members from each core function in the wealth management space (banks, insurance, trustees, lawyers) to engage in a forward-looking discussion on what to expect both in the short and long-term for the wealth management industry in Asia. What markets will develop in the short-term? How should advice to HNWs evolve? What are the ways in which the industry can collaborate for mutual benefit? Where is the next wealth explosion going to take place? How will increasing competition from non-Asian players looking to enter the region affect the shape of the industry? How will the trust structure in Asia evolve in light of recent litigation? What can industry participants do to enhance the growth and use of trusts?
17:30	Chairman's closing remarks and end of forum