CITCO Water’s Post

TRIED, TESTED & TRUSTED TRUSTEES 🇨🇰 Cook Islands trustees have built a reputation of carefully administering trusts on behalf of Settlors for 40 years. "Sometimes we're involved in the most private of affairs with clients, and it's really special to be allowed to be part of somebody's life in those really difficult times, the very happy times." - Tarita Hutchinson TEP, FCPA (Aust.), CMInst.D Cook Islands trust industry expert. #assetprotection #wealthmanagement #offshoretrusts #estateplanning

Enforcement update: FSCA pursues recovery of R495m from Markus Jooste’s estate. The FSCA will lodge a claim against the estate of the late Markus Jooste to recover the half-a-billion rand in penalties the Authority imposed on him, says Gerhard van Deventer, the head of the Authority’s Enforcement division. Van Deventer told a media briefing on Friday that the fines have not been paid. A day before Jooste reportedly committed suicide on 21 March, the FSCA imposed a penalty of R475 million on him for making or publishing false, misleading, or deceptive statements about Steinhoff International Holdings Limited and Steinhoff International Holdings. View further details in the full article: https://buff.ly/3VLPluU Feel free to share your thoughts in the comment section! #CoenraadBotha #debarments #enforceableundertaking #enforcement #FAISAct #FinancialServicesTribunal #FSCA #investigations #JacobusGeldenhuis #licencesuspension #licencewithdrawal #licencereinstatement #MarkusJooste #reconsiderationapplication #regulatoryaction #moonstoneinfo #moonstoneupdate

Financial advisors! Have you found yourself in trouble with a regulator? Be it the SEC, FINRA, or your state’s securities regulator, My RIA Lawyer can help get you out of trouble. We deal with all the paperwork and legal jargon and defend you against the regulator so that you can go into any situation prepared and come out with the best results possible. So what are you waiting for? Book a call with our legal team today so we can get you out of trouble now and help you stay out of trouble in the future. After all, we are the RIA and BD legal defense specialists. #RIA #Brokerdealers #financeindustry #defense #arbitration

FSRA’s EVP of Legal and Enforcement, Jordan Solway, will be moderating an expert panel at the FSRA Exchange next month which will focus on a topic that is changing the financial services sector as we know it.   Watch below to find out more about this important discussion 👇 https://bit.ly/3GwWtUu #ThoughtLeadership #ArtificialIntelligence #FinServ #FSRAExchange

In a new article mini-series, Partner Laura Williamson and Associate Michele Gavin-Rizzuto provide an introduction to the use of trust protectors in Bermuda, exploring protector consent provisions and the consequences for the protector who oversteps his role. In particular this series explores: ◾ An introduction to the use of protectors; ◾ Protector consent provisions as they have been interpreted in recent case law; ◾ An analysis of the arguments in favour of the wide and narrow view of protector consent provisions; ◾ The possibility of drafting to remove any uncertainty; and ◾ The consequences for the protector who oversteps his role. Read the series on our website: https://lnkd.in/eqyxsm6z #trustprotectors #bermuda

The Protected Trust Deeds (Miscellaneous Amendments) (Scotland) Regulations 2024 will bring in changes to the protected trust deed process in Scotland from 1 July 2024. Find out what is changing, what questions arise from the legislations and what IPs need to do to get ready in this ICAS - The Professional Body of CAs article 👉https://buff.ly/45o9f3f

Here is a breakdown of the three most common trusts we see! #AlexLehr #GuideRealEstate #ProbateRealEstate #Probate #Trusts #Will

Enforcement update: FSCA pursues recovery of R495m from Markus Jooste’s estate. The FSCA will lodge a claim against the estate of the late Markus Jooste to recover the half-a-billion rand in penalties the Authority imposed on him, says Gerhard van Deventer, the head of the Authority’s Enforcement division. Van Deventer told a media briefing on Friday that the fines have not been paid. A day before Jooste reportedly committed suicide on 21 March, the FSCA imposed a penalty of R475 million on him for making or publishing false, misleading, or deceptive statements about Steinhoff International Holdings Limited and Steinhoff International Holdings. View further details in the full article: https://buff.ly/3W9HOaI Feel free to share your thoughts in the comment section! #CoenraadBotha #debarments #enforceableundertaking #enforcement #FAISAct #FinancialServicesTribunal #FSCA #investigations #JacobusGeldenhuis #licencesuspension #licencewithdrawal #licencereinstatement #MarkusJooste #reconsiderationapplication #regulatoryaction #moonstoneinfo #moonstoneupdate

Academy Trusts are under intense scrutiny from regulators in terms of their legal and governance compliance, and it is vital that Trusts understand the legal framework in which they are operating and how good governance should operate within that framework. Join our webinar on Wed 22 Nov from 11am to find out more. Register your place https://lnkd.in/e74bRNpi #education #academytrusts