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Join us at the upcoming STEP Cyprus Conference & Gala Dinner, taking place on 24-25 May 2023 at the Four Seasons Hotel in Limassol, Cyprus! The Gala Dinner will take place on the 24th of May at 20:00, and the Conference will follow on the 25th of May at 08:30.
STEP is a global professional body, comprising of lawyers, accountants, trusties, and other practitioners who help families plan for their future. Its mission is to assist families in planning their assets across generations, whilst upholding high professional standards, informing public policy, promoting education, and connecting practitioners globally to share knowledge and best practice.
STEP Cyprus was established in 2003 and has over 170 local members from the fields of legal, accounting, banking and trust. STEP, on an annual basis, organizes a conference that brings together the local related community.
A Gala Dinner will also take place the night before the conference, to celebrate STEP Cyprus’ 20-year anniversary.
Fees apply for both attendance at the Gala Dinner and the Conference.
Those who wish to book accommodation at the event venue (Four Seasons Hotel) can do so by clicking here.
08:30 – 09:00 Welcome Coffee and Registration
09:00 – 09:15 Welcome Addresses
Paolo Panico, Chairman, STEP Europe
Stella Kammitsi, Chairwoman, STEP Cyprus
09:15 – 09:30 Welcome Speech
09:30– 10:30 Getting It Right: Know Your Fiduciary Responsibilities
• What about the EU Sanctions?
• Areas of risk for trustees and how to reduce them
• Wong Wen-Young & Ors v. Grand View Private Trust Company Ltd [2022] UKPC 47
10:30 – 11:00 Non-doms status, Wills, Trusts and Succession
• Forced heirship and trusts
• Has Cyprus copied UK non-dom regime?
• UK dom rules – likely to change? What’s next?
11:30 – 12:00 Coffee Break
12:00 – 12:45 Trusts in Greece: Changing landscape?
• Tax on foreign trusts and foundations
• Greek Inheritance Trust
• CFC rules in trusts and foundations
• Cyprus International Trusts popularity in Greece?
12:45 – 13:15 Comparison between Cyprus local trust (“CLTs”) and Cyprus International Trusts (“CITs”)
• Main differences between CLTs and CITs
• Can a CLT be converted into a CIT?
• Can a CIT be set up instead of a CLT?
13:15 – 14:15 Networking Lunch
14:15 – 15:15 Digital assets (including crypto) and succession titles
• How can title be transferred to a trust?
• What happens in the absence of a trust or a will?
• What about in case of divorce?
15:15 – 16:00 Should you put your trust in Life Insurance solutions – or vice versa?
• Combining Trust and Life Insurance solutions
• Digital and non-standard assets (yachts, jets)
• Operating businesses – how to structure?
• UBO registers and reporting for Life Insurance Solutions
• Understanding Your Client and identifying needs
Keynote Speech
Caroline Bennett-Akkaya, TEP, Partner, 1291 Group/Private Wealth Solutions
16:00 – 16:20 Coffee Break
16:20 – 17:30 CJEU Judgements regarding UBO Registry Public Access and DAC6 Reporting by Lawyers
• The Way Forward in Upholding Legality across the European Continent
• The development of offshore jurisdictions, the reasons for their spread and their future
17:30 – 17:45 Q&A Session
17:45 – 18:00 Closing Remarks by the Chairman of the Conference
18:00 End of Conference
STEP is a global professional body, comprising lawyers, accountants, trustees, and other practitioners that help families plan for their futures. The Society provides confidence to families by setting standards, training, and educating its members, and upholding those standards. Full STEP members, known as TEPs (Trust and Estate Practitioners), are internationally recognised as experts in their field, with proven qualifications and experience. Its members are drawn from the legal, accountancy, corporate trust, banking, insurance, and other related professions. Among other benefits STEP membership entails, are access to the largest group of trust and estate practitioners worldwide (listed in the annually published STEP Directory), subscription to the STEP and STEP Avanti periodicals, exchange of information and knowledge through frequent conferences and reports, and the provision of skilled training to students via the STEP diploma and certification programmes. STEP Cyprus was established in 2003 and compared to population it is one of the largest STEP branches in the world and very active within STEP Europe and STEP global.
Every year in Cyprus and overseas, IMH organises over 200 conferences, seminars, workshops, and corporate exhibitions as well as business awards. It also organises events on the behalf of clients. The Media Department is also on an excellent course. Monthly magazines IN Business and GOLD are ready by tens of thousands of executives, managers, and businesspeople- both Cypriot and foreign. Our team of journalists keeps you updated every day through the IN Business Portal and REPORTER. IMH recently also took on SUPER FM, Cyprus’ top music radio station. IMH is launching the English language Cyprus Business News Portal (CBN), in 2023, which aims at becoming the daily source of information for English-speaking professionals and business people in Cyprus and abroad. IMH, in addition, submits tenders published by the public sector, European Union, and other international organisation projects. Through its activities, IMH gives companies the opportunity to develop, engage in networking, find new clients and associates, address new audiences, and discover opportunities for development.
The conference will be attended by STEP Cyprus members, the STEP Cyprus Board, government officials and other related professionals from the accounting, legal and banking sectors.
Project Manager
Eleni Scaliotis
Eleni is responsible for the content and speakers of this conference. If you have any enquiries, you can contact her at eleni.scaliotis@imhbusiness.com and at +357 22 505 537.
Marketing
Anthi Soteriou
Anthi is responsible for the marketing and promotion of this event. If you have any marketing-related questions or suggestions, you can contact her at anthi@imhbusiness.com and at +357 22 505 529.
Date And Time
25 May 2023@ 08:30 AM
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