Posted: 09/01/2013
The Collas Crill STEP Guernsey Branch lecture series for 2013 begins on 10 January with the first lunchtime and evening lectures of the new year.
Stephen Trevor, from Le Marchant Regulatory Risk, will deliver the first evening lecture and will discuss the requirements and implementation of anti-bribery and corruption legislation.
The event takes place at the OGH on 10 January starting at 5.30pm.
Mr Trevor's discussion will consider the recent focus on bribery and corruption within the trust sector as well as the interplay between Guernsey, the UK and US legislation. He will map out the requirements for a fiduciary business and the steps which firms are, and should be, taking.
The 45-minute seminar, which costs £20 for members, £30 for non-members and £10 for students, will be followed by a question and answer session prior to an opportunity for participants to meet the speaker and STEP Guernsey hosts.
Collas Crill risk and regulatory expert Michael Adkins said: "The Bribery Act is an important and far reaching piece of UK legislation that is directly relevant to Channel Island business. Aside from the serious potential consequences for local business of contravening the Act itself, local regulators have squarely placed anti-bribery and corruption at the forefront of hot topics to be addressed as part of future regulatory reviews. Accordingly, even those firms who think that bribery presents a fairly exotic and remote risk for their particular business need to understand how this legislation works in order to ensure they maintain a clean compliance sheet."
Mr Trevor, a qualified English solicitor, moved to Guernsey to join the Guernsey Financial Services Commission (GFSC) in 1999, and was instrumental in introducing and developing the regulatory framework for fiduciaries, before succeeding Talmai Morgan as the commission's director of fiduciary and intelligence services. In 2011 he joined Kleinwort Benson as head of compliance and risk for its Guernsey operations before joining a former GFSC colleague, Chris Le Marchant, as a director of Le Marchant Regulatory Risk specialising in practical regulatory advice and services.
Renowned STEP examiner, Michael McKean, will deliver the first lunchtime lecture at the OGH from 12.00pm on Friday, 11 January on the responsibilities of trustees and company directors and how to manage that relationship including record keeping and case management.
Aged 81, Michael McKean is an English solicitor and a consultant to Guernsey advocates. He is a non-executive director of several companies in Guernsey and the UK and holds academic appointments for the Solicitors Regulation Authority and STEP.
STEP Chairman Paul Hodgson said the Collas Crill lecture series was starting with a bang.
“We have two highly respected, knowledgeable speakers in Stephen and Michael on topics that are directly relevant to the issues with which fiduciary practitioners have to deal. We would encourage early registration as these events are likely to be popular.”
Please reserve seats by e-mail to fionaroberts@newtelsurf.com