Course description
The programme is designed to enable practitioners in the industry to develop a deep and critical understanding of the global regulatory framework in which the private wealth industry operates.
This Advanced Certificate can be taken as part of the STEP Diploma.
Upon completion of this course, you will gain:
- In-depth expertise: Develop a comprehensive understanding of international tax law and how to apply these principles effectively
- Practical focus: Master the intricacies of trust taxation and analyse the regulations governing professional service providers and financial services and apply them to real-world scenarios
- Valuable connections: Network with like-minded professionals in varied roles and firms from all over the world.
- Industry recognition: Successful completion awards you 30 diploma-level credits toward membership, enhancing your professional standing. This course also provides a pathway to prestigious full STEP membership.
Upcoming start dates
Suitability - Who should attend?
The course is designed for practitioners involved in the international trust industry who wish to develop their knowledge and understanding of the principles of risk management, international taxation, AML and compliance.
Students of this course typically include:
- trust assistants/officers/administrators
- trust managers
- trustees/fiduciaries
- corporate administrators
- lawyers/solicitors/attorneys
- wealth managers
- accountants
- tax advisers
- compliance officers/managers
- private bankers
- secretarial/administration
- client relations/marketing/sales
- financial/estate planners
To be eligible for this course, you will need to:
- have obtained 60 STEP entry-level credits
Outcome / Qualification etc.
- Understand principles of international tax law, including conflict of laws issues and double taxation treaties as well as risk and risk management.
- Have increased knowledge of international tax law issues affecting companies, partnerships, trusts and foundations.
- Increased knowledge of compulsory disclosure of tax related information, namely FATCA and CRS, as well as anti-money laundering (AML) legislation, regulation and global initiatives.
- Explore international initiatives to counter terrorist financing and tax evasion, and Unexplained Wealth Orders, criminal and civil forfeiture and sanctions.
- Grasp the regulation of financial services providers and trust and company management service providers.
- Understand confidentiality and compulsory disclosure of informati
- Gain knowledge on the principles of fair taxation and other transparency initiatives such as Base Erosion and Profit Shifting (BEPS), Economic Substance, Disclosure of Tax Avoidance Schemes (DOTAS), Beneficial Ownership Registers (BOR), Trust Registers and Legal Entity Identifiers (LEI).
Course delivery details
This course is available for study all year round, with intakes at different points throughout the year. The core programme is delivered through a blend of distance learning and four virtual workshops as part of a revision week series delivered online.
Enrolment onto this course will include access to an online learning platform that contains:
- bespoke soft copy course manual supplementary resource material,
- self-assessment material
- distance learning support
- four days of online tuition
- examination fees
The course is assessed by way of a five-hour open-book written examination. The questions will be drawn from across the syllabus and candidates must achieve 50% to pass the Advanced Certificate.
Request info
CLTI
CLTI provides training and qualifications to professionals working in the private client, wealth management, and investment funds industry across the globe. We are the primary education partner for STEP, the global professional association for practitioners specialising in family inheritance and...