Speaker(s)

• Mr Franky Fung, Partner, Sun Lawyers LLP
• Mr Alban Yeung FCG HKFCG, Advisory Director, PAL Advisory Limited

Description

Understanding the principles of trusts is crucial for company secretaries, governance professionals, and other market practitioners navigating the complex landscape of corporate governance. This seminar aims to demystify the concept of the "Declaration of Trust," commonly found in the statutory records of Hong Kong companies. Despite its prevalence, many professionals lack a comprehensive understanding of trust arrangements, particularly regarding wealth protection, succession planning, and tax optimisation during the pre-IPO stage.

In this seminar, an experienced lawyer will provide foundational insights into trust principles and essential elements, showcasing best practices for establishing trusts tailored to various purposes, supported by real-world examples. Attendees will learn about the critical importance of meticulous trust documentation to avoid costly mistakes and gain the knowledge necessary to navigate the intricacies of trusts effectively.

Key outline:

• Declarations of Trust vs Family Trusts 
• Fundamental Principles of Trust Law 
• Company Secretaries’ Role in Setting Up Trusts 
• Trust Deed: Trustee’s Duties and Powers 
• Lessons from Case Law: Practical Drafting to Protect Assets and Prevent Excessive Scope of Trustee Powers

Following the presentation, an interactive panel discussion featuring a tax expert will engage attendees in exploring key considerations for creating family trusts, particularly in the context of pre-IPO strategies.

Remarks on this Physical Session:

• This is the physical session and physical attendance is required for CPD counting purpose. If you wish to join online, please click HERE for the online session.
• Physical seats are limited and shall be taken on first-come first served basis. Registration will be closed on 23 September 2025 at 2.00pm.
• Once enrolment in the physical session is confirmed by the Institute, requests to change to online session will NOT be entertained.
• Physical attendance is subject to the weather condition at the time of the seminar. The Institute reserves the right to convert enrolment in the physical session into online session.

Level: Intermediate

Speakers' bios:
Mr Franky Fung
Mr Alban Yeung

Seat guarantee will only be given to HKCGI Fellows and/or Practitioner’s Endorsement (PE) holders if registered 10 clear working days with payment prior to the date of the seminar.