PRINT THIS PAGE The Programme SUNDAY 2 SEPTEMBER 2007 15.00 - 17.00 Registration at the Symposium office, Jesus College - Located in the Third Quad, Staircase 15   17.15 - 18.15 Symposium and case study introduction James A. F. Wadham, Director of Studies An introduction and explanation of the course and Case Studies. To be held in the Habakkuk Room - Third Quad   18.15 Welcome Reception to be held on the Lawn of the Inner Quadrangle, followed by a Welcome Dinner in the Great Hall       MONDAY 3 SEPTEMBER 2007 Chairperson - Marcus C. Killick REGULATION Fact and Impact 08.15 - 09.00 Choice of Continental or English Breakfast served in the Great Hall 09.00 - 09.45 Lecture The continuing impact of international assessments on finance centres Marcus C. Killick, Gibraltar An overview of the ongoing developments of international regulatory standards, their use in assessing offshore centres and how business has been influenced 09.45 - 10.15 Lecture The domestic impact of Sarbanes - Oxley and USA Patriot Act: Law vs Fact F. Ronald Jenkins Jr., UK Two supposedly well intentioned pieces of legislation have had far-reaching, possibly unintended, adverse consequences even in the jurisdiction they sought to protect 10.15 - 10.45 Lecture The extra-territorial impact of Sarbanes - Oxley and USA Patriot Act: Law vs Fact Joseph A. Field, USA For all that domestic legislation is not supposed to have extra-territorial impact, these two certainly have - especially for the offshore world; what, why and can this be resisted? 10.45 - 11.15 Morning Coffee will be served in the Common Room 11.15 - 12.00 Lecture The impact of offshore regulation on clients in Asia David Chong, Singapore Clients in Asia, for numerous reasons not associated with tax, notoriously preferred the free-wheeling days of guaranteed anonymity offshore; how have they reacted to the changes and how can they still get what they want? 12.00 - 12.45 Lecture The impact of international standards on the Caribbean financial centres Dr. Trevor A. Carmichael Q.C., Barbados The Caribbean financial centres were amongst the greatest bastions of client confidentiality, and many really operated as supplies of vehicles without concern for the driver or the journey - what are the positive and negative impacts of change? 12.45 -14.00 Luncheon will be served in the Great Hall 14.00 - 14.45 Lecture The Swiss approach to AML and understanding Swiss concepts of beneficial ownership Dr. H.L. Bernhard Vischer, Switzerland Too many offshore advisers assume their definitions of such concepts as the rights of a company to its property or the ownership of a company prevail beyond their borders, or those of their offshore structures; when opening a bank account in Switzerland they often find otherwise 14.45 - 15.30 Lecture The regulation of investment selling within The EU Peter J. O'Dwyer, Ireland What are the rules and are they really creating a free market for members? Are they also creating an exclusion zone for non-members and with what impact for non-member based structures? Should the WTO be told? 15.30 - 16.00 Afternoon Tea will be served in the Common Room 16.00 - 16.30 Lecture Is there a case for differing regulatory standards between the established and the developing jurisdictions? Wilhelm Bourne, Anguilla Does so-called 'best-practice' stifle the growth of competition in the offshore world by imposing inappropriate economic burdens on new entrants? 16.30 - 17.30 Panel Discussion Who and what does regulation seek to protect? Who can regulate the regulators? Led by Marcus C. Killick, Gibraltar, F. Ronald Jenkins Jr., UK, Dr. H.L Bernhard Vischer, Switzerland, Dr. Trevor A. Carmichael Q.C., Barbados & Wilhelm Bourne, Anguilla The myths, truths, risks and impact of a regulation-driven offshore world examined 17.30 Recommended case study group time 19.15 Dinner will be served in the Great Hall       TUESDAY 4 SEPTEMBER 2007 Chairperson - John Nugent TAX Threats and Opportunities 08.15 - 09.00 Choice of Continental or English Breakfast served in the Great Hall 09.00 - 09.45 Lecture A real threat to offshore centres? The new wave of tax investigations John Nugent, Isle of Man Why a new breed of tax investigations may pose a greater threat to offshore centres than other perceived risks. Examining the genesis and nature of these investigations, considering their impact on offshore centres and their businesses and introducing the action these parties need to take to protect themselves 09.45 - 10.30 Lecture The process of a UK tax investigation Terry Morris, UK Managing the challenge and managing the investigators 10.30 - 11.00 Morning Coffee will be served in the Common Room 11.00 - 11.30 Lecture An update on The EU Savings Tax Directive Peter J. O'Dwyer, Ireland What it is supposed to do, what it actually does do, what does it fail to do and what opportunities does it create for those beyond its reach? 11.30 - 12.30 Panel Discussion Current tax issues I Led by Dr. H. L. Bernhard Vischer, Switzerland with Nicholas Jacob, UK & Peter Harris, France An overview of the current tax issues facing clients from the UK and Old Europe; and opportunities for dealing with them 12.30 - 14.00 Lunch will be served in the Great Hall 14.00 - 14.45 Panel Discussion Current tax issues II Led by Denis A. Kleinfeld, USVI with F. Ronald Jenkins Jr., UK & Howard S. Fisher, USA An overview of current tax issues facing US resident individuals; and opportunities for dealing with them 14.45 - 15.30 Panel Discussion Current tax issues III Richard I. R. Winter Q.C., Canada with Paul Stibbard, UK & Dr. Stefan N. Frommel, UK An overview of current tax issues facing individuals residing elsewhere in the Americas; and opportunities for dealing with them 15.30 - 16.00 Afternoon Tea will be served in the Common Room 16.00 - 16.45 Panel Discussion Current tax issues IV Led by Barry J. Woods, Australia with David Russell Q.C., Australia & David Chong, Singapore An overview of current tax issues facing clients from the Asia/Pacific region; and opportunities for dealing with them 16.45 - 17.45 Panel Discussion Aspects of Sha'ria Law Led by Andrew De La Rosa, UK, with Roger Burgess, Dubai & Paul Stibbard, UK All systems of law are based on religious and/or political precepts and in a global offshore world they inevitably collide and are found incompatible; what does the non-Islamic offshore world need to know to be useful in that particular onshore world? 17.45 Recommended case study group time 19.15 Dinner will be served in the Great Hall 20.30 - 21.15 Evening Session The Future of International Tax Planning Anthony Molloy Q.C., New Zealand   WEDNESDAY 5 SEPTEMBER 2007 Chairperson - Nigel Goodeve-Docker Trusts, Foundations, Partnerships and Companies - How To Use Them 08.15 - 09.00 Choice of Continental or English Breakfast served in the Great Hall 09.00 - 09.45 Lecture Corporate and individual uses of trusts: The future? Shân Warnock-Smith Q.C., UK The development over the centuries of the trust as a means of solving the supposedly unsolvable is both as well known as it is enormous; this lecture will consider the potential nature and enormity of future developments 09.45 - 10.45 Panel Discussion Trusts and sham trusts in the offshore world Led by Nigel Goodeve-Docker, UK with Paul Beckett, Isle of Man Is it possible to juggle the expectations of clients and still be a trustee? 10.45 - 11.15 Morning Coffee will be served in the Common Room 11.15 - 12.00 Panel Discussion Use of private foundations Led by Markus H. Wanger, Liechtenstein with Edmond Hartsuiker, The Netherlands The foundation is more talked about in the common law jurisdiction than it is understood or used to client advantage; but it has as many variations and uses as does the more often, and often inappropriately, used trust, as this discussion will demonstrate 12.00 - 12.45 Lecture Private and public uses of partnerships Anthony Molloy Q.C., New Zealand Common law examples 12.45 - 14.00 Lunch will be served in the Great Hall 14.00 - 14.30 Lecture The benefits and burdens of the corporate form I Andrew De La Rosa, UK Some interesting UK cases 14.30 - 15.00 Panel Discussion The benefits and burdens of the corporate form II Led by Dr. H.L. Bernhard Vischer, Switzerland with Peter Harris, France & Edmond Hartsuiker, The Netherlands The continental European perspective 15.00 - 15.45 Panel Discussion The benefits and burdens of the corporate form III Led by Denis A. Kleinfeld, USVI, with Howard S. Fisher, USA & F. Ronald Jenkins Jr., UK The US perspective 15.45 - 16.15 Afternoon Tea will be served in the Common Room 16.15 - 17.00 Panel Discussion Understanding variations on the corporate form I Led by Prof. Charles A. Cain, Isle of Man with Nicholas John, St Lucia & Ashley Hoy, Jersey No more than the discretionary trust is the only form a trust might take, is the private company limited by shares the only corporate form available? What is out there to be used? - The common law world 17.00 -17.45 Panel Discussion Understanding variations on the corporate form II Led by Peter Harris, France with Markus H. Wanger, Liechtenstein & Dr. H.L. Bernhard Vischer, Switzerland No more than the discretionary trust is the only form a trust might take, is the private company limited by shares the only corporate form available? What is out there to be used? - The civil law world 17.45 Recommended case study group time 19.15 Dinner will be served in the Great Hall 20.30 - 21.15 Recent disasters in offshore trusts Shân Warnock-Smith Q.C., UK An update of what the cases show goes wrong, for whom, how and at what cost: more unlearned lessons for trustees and their clients   THURSDAY 6 SEPTEMBER 2007 Chairperson - Dr. H. L. Bernhard Vischer Investment & Wealth Planning Tools 08.15 - 09.00 Choice of Continental or English Breakfast served in the Great Hall 09.00 - 09.45 Panel Discussion General overview of alternative vehicles used in international wealth planning Led by Denis A. Kleinfeld, USVI with Peter J.O'Dwyer, Ireland & Richard Cassell, UK Mutual funds, insurance & charities are tools that can be used in ways well beyond the traditional expectation to assist individuals to manage, grow and protect their wealth ­ an introduction to thinking laterally 09.45 - 10.30 Panel Discussion Considerations in international investment structuring Led by F. Ronald Jenkins Jr., UK with James A.F. Wadham, Hong Kong Barry J. Woods, Australia & Dr. H.L. Bernhard Vischer, Switzerland When designing a multi-national investment structure much more has to be taken into account than what the investment is and how much it costs - what is the approach? 10.30 - 11.00 Morning Coffee will be served in the Common Room The rest of the morning will be devoted to examining practical uses of various tools in achieving a range of objectives through understanding what the tools are 11.00 - 11.45 Lecture Specific uses of charities I - The USA Richard Cassell, UK 11.45 - 12.30 Lecture Specific uses of charities II - The UK Clive Cutbill, UK 12.30 - 14.00 Lunch will be served in the Great Hall 14.00 - 14.30 Lecture Specific uses of insurance in wealth preservation I - The USA Denis A. Kleinfeld, USVI 14.30 - 15.00 Lecture Specific uses of insurance in wealth preservation II - The UK Matthew Cain, UK 15.00 - 15.30 Lecture Specific uses of insurance in wealth preservation III - The Tontine Peter Harris, France 15.30 - 16.00 Lecture Specific uses of insurance in wealth preservation IV - The Asia/Pacific 16.00 - 16.30 Afternoon Tea will be served in the Common Room 16.30 - 17.30 Lecture Specific uses of mutual funds Peter J. O'Dwyer, Ireland 17.30 Recommended case study group time 19.15 Dinner will be served in the Great Hall         FRIDAY 7 SEPTEMBER 2007 Chairperson - Andrew De La Rosa Politics & Treaties 08.15 - 09.00 Choice of Continental or English Breakfast served in the Great Hall 09.00 - 10.00 Panel Discussion The politics of the offshore/onshore struggle Led by Richard Hay, UK with Dr. Kenny Anthony, St. Lucia, & Marcus Killick, Gibraltar Can the offshore centres that are not OECD members really stand up to the governments of their onshore users, or must they always remain puppets? What really goes on? What really could be done? 10.00 - 10.45 Panel Discussion The politics of competing tax philosophies Led by Daniel J. Mitchell, USA with Marshall J. Langer, UK, John Nugent, Isle of Man, & Marcus C. Killick, Gibraltar The raising of revenue is the process of financing a political agenda, but must the agenda control the manner of raising and does that very manner adversely impact the outcome? 10.45 - 11.15 Morning Coffee will be served in the Common Room 11.15 - 11.45 Lecture An update on The EU Tax Harmonisation Initiative Peter J. O'Dwyer, Ireland What it is supposed to do, what might it actually do, what might it fail to do and what opportunities might it create for those beyond its reach? 11.45 - 12.45 Panel Discussion Client confidentiality in offshore finance Led by F. Ronald Jenkins Jr., UK with Prof. Rose-Marie B. Antoine, Barbados & Barry Fletcher, Singapore Is the imposition of regulation and so-called 'best practice' a political tool being used to undermine the offshore world and the rights of its clients? Are conflicting obligations being created? Does the offshore world have the right and ability to enforce its own laws on the confidentiality of its clients? 12.45 - 14.00 Lunch will be served in the Great Hall Formalising the relationships between nations in the area of taxing cross-border trade and investment is an ever-growing, and not wholly disadvantageous fact; the afternoon lectures will examine what are available for planners, how to use them, and what are the risks and rewards of using them 14.00 - 14.30 Lecture The double tax treaty I - The uses Denis A. Kleinfeld, USVI 14.30 - 15.00 Lecture The double tax treaty II - The burdens Richard Hay, UK 15.00 - 15.45 Lecture The double tax treaty III - Recent developments Marshall J. Langer, UK 15.45 - 16.30 Case study preparation time 16.30 - 17.45 Case study presentations The case study presentations will take place in the Great Hall 18.30 Reception and Group Photograph Held on the Lawn of the Inner Quadrangle Please note that all attendees should be present for the group photograph, which will be taken at 6.45pm 19.30 Formal closing Dinner To be held in the Great Hall Case study evaluation, end of course comments and closing speech James A. F. Wadham, Hong Kong   SATURDAY 8 SEPTEMBER 2007 SHOPPING AND SIGHT-SEEING DAY 08.30 - 09.15 Choice of Continental or English Breakfast served in the Great Hall 12.30 - 14.00 Lunch will be served in the Great Hall 16.00 All rooms to be vacated The Conference Organisers would be happy to assist delegates in compiling their personal itinerary   Registration The registration fee includes all tuition, lecture exercises, lecture notes, accommodation and full board at Jesus College for the duration of the event. The Earlybird registration fee is GBP4,150.00 & UK VAT ( total amount payable GBP4,876.25 available until 2nd July 2007). The full registration fee is GBP4,460.00 & UK VAT ( total amount payable GBP5,240.50). Where a non-participating guest accompanies a delegate, there will be an additional fee for accommodation, breakfast, luncheon and dinner of GBP995.00 & UK VAT (total amount payable GBP1,169.13). Places are strictly limited in order to maintain a high lecturer/delegate ratio. Therefore, early booking is advisable. To register, please complete the attached form and fax to +44 (0) 28 9032 8555. Registration Form Venue: Jesus College, Oxford University, UK Date: Sunday 2 September to Saturday 8 September 2007 Registration details: I would like to attend the Symposium at the earlybird fee of GBP4,150.00 plus UK VAT @ 17.5% = GBP4,876.25 (available until 2nd July 2007) I would like to attend the Symposium at the fee of GBP4,460.00 & UK VAT @ 17.5% = GBP5,240.50 I will be accompanied by a non-participating guest at an additional fee of GBP995 plus UK VAT @ 17.5% = GBP1,169.13 Designation: First name: Surname: Position: Company name: Address: Postcode / Zip Code: Country: select country AFGHANISTAN ALBANIA ALGERIA AMERICAN SAMOA ANDORRA ANGOLA ANGUILLA ANTARCTICA ANTIGUA AND BARBUDA ARGENTINA ARMENIA ARUBA AUSTRALIA AUSTRIA AZERBAIJAN BAHAMAS BAHRAIN BANGLADESH BARBADOS BELARUS BELGIUM BELIZE BENIN BERMUDA BHUTAN BOLIVIA BOSNIA HERCEGOVINA BOTSWANA BOUVET ISLAND BRAZIL BRITISH INDIAN OCEAN TERRITORY BRUNEI DARUSSALAM BULGARIA BURKINA FASO BURUNDI BYELORUSSIAN SSR CAMBODIA CAMEROON CANADA CAPE VERDE CAYMAN ISLANDS CENTRAL AFRICAN REPUBLIC CHAD CHILE CHINA CHRISTMAS ISLAND COCOS (KEELING) ISLANDS COLOMBIA COMOROS CONGO COOK ISLANDS COSTA RICA COTE D'IVOIRE CROATIA CUBA CYPRUS CZECH REPUBLIC CZECHOSLOVAKIA DENMARK DJIBOUTI DOMINICA DOMINICAN REPUBLIC EAST TIMOR ECUADOR EGYPT EL SALVADOR ENGLAND EQUATORIAL GUINEA ERITREA ESTONIA ETHIOPIA FALKLAND ISLANDS FALKLAND ISLANDS (MALVINAS) FAROE ISLANDS FIJI FINLAND FRANCE FRENCH GUIANA FRENCH POLYNESIA FRENCH SOUTHERN TERRITORIES GABON GAMBIA GEORGIA GERMANY GHANA GIBRALTAR GREAT BRITAIN GREECE GREENLAND GRENADA GUADELOUPE GUAM GUATEMALA GUERNSEY GUINEA GUINEA-BISSAU GUYANA HAITI HEARD AND MC DONALD ISLANDS HONDURAS HONG KONG HUNGARY ICELAND INDIA INDONESIA IRAN IRAN (ISLAMIC REPUBLIC OF) IRAQ IRELAND ISLE OF MAN ISRAEL ITALY JAMAICA JAPAN JERSEY JORDAN KAZAKHSTAN KENYA KIRIBATI KOREA KOREA, DEMOCRATIC PEOPLE'S REPUBLIC OF KUWAIT KYRGYZSTAN LAO PEOPLE'S DEMOCRATIC REPUBLIC LATVIA LEBANON LESOTHO LIBERIA LIBYAN ARAB JAMAHIRIYA LIECHTENSTEIN LITHUANIA LUXEMBOURG MACAU MACEDONIA MADAGASCAR MALAWI MALAYSIA MALDIVES MALI MALTA MARSHALL ISLANDS MARTINIQUE MAURITANIA MAURITIUS MAYOTTE MEXICO MICRONESIA MOLDOVA, REPUBLIC OF MONACO MONGOLIA MONTSERRAT MOROCCO MOZAMBIQUE MYANMAR NAMIBIA NAURU NEPAL NETHERLANDS, THE NETHERLANDS ANTILLES NEUTRAL ZONE NEW CALEDONIA NEW ZEALAND NICARAGUA NIGER NIGERIA NIUE NORFOLK ISLAND NORTHERN MARIANA ISLANDS NORWAY OMAN PAKISTAN PALAU PANAMA PAPUA NEW GUINEA PARAGUAY PERU PHILIPPINES PITCAIRN POLAND PORTUGAL PUERTO RICO QATAR REUNION ROMANIA RUSSIAN FEDERATION RWANDA SAINT KITTS AND NEVIS SAINT LUCIA SAINT VINCENT AND THE GRENADINES SAMOA SAN MARINO SAO TOME AND PRINCIPE SAUDI ARABIA SENEGAL SEYCHELLES SIERRA LEONE SINGAPORE SLOVAKIA SLOVENIA SOLOMON ISLANDS SOMALIA SOUTH AFRICA SOUTH GEORGIA AND THE SOUTH SANDWICH ISLANDS SPAIN SRI LANKA ST. 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