STEP - Diploma

STEP Diploma in International Trust Management

STEP Diploma in International Trust Management
Credits Awarding Body STEP
Credits Awarded 120
Credits Awarded Level Diploma-Level

*COVID-19: ONLINE delivery and examinations until end of 2020. More info below.*

The STEP Diploma in International Trust Management is recognised worldwide as the benchmark qualification for those working in the international trusts industry.

Course purpose

The course is designed to develop and enhance your understanding of how trusts, companies and related structures are created, managed, regulated and operated as asset-holding vehicles for investment and related activities. It ensures that practitioners from all professions in the industry understand how to advise clients and practice successfully.

This qualification is globally recognised and sought after by employers and professionals throughout the international finance centres.

You will be able to

  • Advise on the classification, types and uses of trusts, the factors affecting their validity and the circumstances under which they can and cannot be altered.
  • Explain the roles, responsibilities, limitations and liabilities of trustees, protectors and enforcers under local and international law.
  • Understand money, bond and equity markets, financial appraisal and ratio analysis and options, derivatives and futures markets.
  • Explain the duties and responsibilities of trustees in relation to investment matters under local and international legislation.
  • Advise on the use of trusts in modern tax planning.
  • Advise on the issues surrounding modern reserved powers legislation.
  • Identify and advise on the factors affecting a client’s residence and domicile and outline the impact of these on a client’s estate planning needs.
  • Analyse the conflict of laws rules (doctrine of renvoi) applicable to multi-jurisdictional trusts and advise clients when these rules may apply.
  • Explain the regulatory frameworks that have developed globally to counteract fraud and money laundering.
  • Carry out the ‘know your client’ checks that are required for compliance with anti-money.
  • Laundering regulations in your local jurisdiction.
  • Construct and interpret a set of trust accounts.
  • Understand the day-to-day affairs of an offshore company including the processes of incorporation and dissolution.

Course audience

The course is designed for all professionals moving into or working in financial services (specifically trusts and corporate services), who wish to develop their understanding and knowledge of this area.

Students of this course typically include:

  • Trust Assistants/Officers/Administrators
  • Trust Managers (Senior)
  • Trustees/Fiduciaries
  • Corporate Administrators
  • Lawyers/Solicitors/Attorneys
  • Wealth Managers
  • Accountants
  • Tax Advisors
  • Compliance Officers/Managers
  • Bankers
  • Secretarial/Administration
  • Client Relations/Marketing/Sales
  • Financial/Estate Planners

Features

  • Ideal for practitioners looking for professional accreditation, moving into or already working within the trusts industry.
  • A recognised ‘gold-standard’ professional qualification for those working in the industry, globally recognised by employers, regulators, clients and professionals.
  • This course is also subject to the rigorous quality assurance procedures of Alliance Manchester Business School (Alliance MBS), a school of the University of Manchester.
  • Blended delivery, written and taught by practitioners, focusing on everyday matters encountered in international trust management from creation, modern usage and administration of trusts and the provision of corporate services.
  • Ability to grow your own professional network, meeting students from a range of professions providing an opportunity for networking, building relationships and sharing study tips/support as a cohort.
  • Students have the opportunity to submit academic queries to a dedicated programme content team.
  • Successful completion of the course will award students with 120 Diploma-Level credits towards STEP membership.

Format, Delivery and Assessment

*Now Online* We have committed to delivering all courses that are taking place from July until the end of December 2020 ONLINE, in response to the situation relating to COVID-19 — including workshops, revision classes and assessments.

Watch this space to learn how we are supporting our students through the transition to the online environment.

This Diploma programme comprises four standalone STEP Advanced Certificate courses that together cover the curriculum of the STEP Diploma in International Trust Management.

The four papers which comprise this Diploma are:

Each of these Advanced Certificates can be taken as a standalone qualification or as part of the Diploma Programme.

Exemptions

There are no formal exemptions available for this course.

Awarded By

STEP

Delivery

Blended Learning

Duration

20 Months

Entry Criteria

60 Entry-Level Credits

Note: Applicants must have obtained 60 STEP Entry-Level credits to enrol onto this course or be a member of STEP. Visit STEP's Qualifications and Membership Framework to understand how to apply.

Assessment

Examination

Tutors

Bill Lexmond

Bill is a qualified lawyer in several jurisdictions (Ontario (Canada), England & Wales, Hong Kong and New Zealand) and has over 30 years’ experience in trusts and tax work.

John Harper

John Harper is a qualified chartered accountant and chartered secretary. During his career, he has worked in private practice in Jersey, as the Finance Director for large commercial groups and as the Managing Director of trust companies in the Channel Islands, Bermuda and Mauritius.

Mike Parkinson

Mike has over 30 years’ experience in the international financial services industry. He was admitted to the bar in the Cayman Islands in 1985 and between then and 1998, Mike practiced as a Cayman Attorney-at-Law, specialising in trusts and international offshore litigation.

Mike Spittal

Mike is a lawyer with extensive experience in trust and company management. He is accustomed to dealing with trust, fiduciary, compliance and tax laws in several jurisdictions, and advises on complex trust structuring matters and international dispute resolution.

Peter Hodson

Peter is a qualified solicitor in Hong Kong and England and Wales, with over 30 years’ experience in fiduciary services, advising high net worth individuals, family offices and financial institutions. 

Robin McGhee

Robin has more than 35 years' experience as a trust and estate practitioner. During his career he has held several senior positions in multinational organisations in the UK, Isle of Man, Cayman Islands and Switzerland. Since 2016 Robin has worked as a self-employed consultant.

Robin Riddett

Robin began his career as an assistant solicitor at Wood Nash & Winters in 1968. He moved into teaching in 1974, working as an Associate Director at the College of Law until 2001. Since then Robin has been a self-employed tutor and lecturer.

Stella Mitchell-Voisin

Stella has over 25 years’ experience in trust and company management, covering fine art, bloodstock, commercial and residential property, private equity, family offices and private trust companies. 

 

Susan Giger

Susan has worked in the field of trust administration and wealth planning for high net worth individuals for over 20 years. Her particular areas of expertise are the structuring of private client wealth portfolios and the management of offshore trusts, companies and foundations in a variety of jurisdictions.

Course Enquiry Form

Related Courses

STEP - Advanced Certificate

Trust Creation Law and Practice

*COVID-19: ONLINE delivery and examinations until end of 2020. More info below.*

This course forms part of the STEP Diploma in International Trust Management which is recognised worldwide as the benchmark qualification for those working in the international trusts industry.

Delivery Blended Learning
Duration 4 Months
Fee 1,625.00
STEP - Advanced Certificate

Company Law and Practice

*COVID-19: ONLINE delivery and examinations until end of 2020. More info below.*

This course forms part of the STEP Diploma in International Trust Management which is recognised worldwide as the benchmark qualification for those working in the international trusts industry.

Delivery Blended Learning
Duration 4 Months
Fee 1,625.00
STEP - Advanced Certificate

Trust Administration and Accounts

*COVID-19: ONLINE delivery and examinations until end of 2020. More info below.*

This course forms part of the STEP Diploma in International Trust Management which is recognised worldwide as the benchmark qualification for those working in the international trusts industry.

Delivery Blended Learning
Duration 4 Months
Fee 1,625.00