Schedule

october 14, 2021

8:15am - 9:00am

REGISTRATION, MEET THE SPONSORS AND CONTINENTAL BREAKFAST


8:15am - 5:00am
THROUGHOUT THE DAY

BARISTA COFFEE BAR


9:00am - 9:30am

OPENING REMARKS

Welcome to STEP LatAm 2021!  We are delighted to be in Riviera Maya.


9:30am - 10:30am

OECD UPDATE - A REVIEW OF THE PAST AND A GLIMPSE OF THE FUTURE

2020 saw the beginning of what can only be called the most disruptive global event that the world has seen in some decades. The question on everyone's mind is "now what?" Join us for an in-depth look at the impact of OECD tax policies over the past decade and then a futurecasting of what's on the table for the balance of this decade and into the 2030's. How will the OECD impact policy, the global economy and the regulatory climate going forward? 


10:30am - 11:10am

MEET THE SPONSORS AND COFFEE BREAK


11:10am - 11:50am

THE USE OF LOCAL STRUCTURES (FIDEICOMISOS) FOR ASSET PROTECTION AND TAX EFFICIENCY

Join our speaker as they discuss the current onshore structures for asset protection and tax efficiency in Latin America including local fideicomisos, which can be efficient and effective structures on many fronts.


11:55am - 12:35pm

KEYNOTE: THE FUTURE OF LATIN AMERICA - POISED FOR A BRIGHT FUTURE

Join our distinguished speaker for a historical review of Latin America and then fast forward to his predictions for the future. A review of his current political and economic views on past events in the region will provide a backdrop for some critical insights on growth and development in the region. What does the future hold for Latin America? 


12:35pm - 2:00pm

LUNCH AND NETWORKING


2:00pm - 2:40pm

MDR - PROFESSIONAL PRIVILEGE UNDER THE NEW REPORTING REQUIREMENTS

The next wave, OECD and EU mandatory disclosure rules are rapidly spreading from Europe into LatAm. What do LatAm advisors need to know in order to advise their clients on this likely future landscape? 


2:40pm - 3:20pm

COMPARISON OF WEALTH TAXES IN LATAM; THE LATEST TRENDS AND WHAT'S ON THE HORIZON

An in-depth analysis of the trend of "redistribution of wealth" driven by THE OECD and adopted by some LATAM governments, this topic will seek to understand what will be the impact of this trend (and others) on the wealth planning sector both onshore and offshore.


3:20pm - 4:00pm

MEET THE SPONSORS AND COFFEE BREAK


4:00pm - 4:40pm

BIDEN AND COMPANY CHANGE THE RULES; UNITED STATES TAX CONSIDERATIONS FOR THE LATAM CLIENT

Since the change in government in the US, a number of changes are either on the horizon or in the works including: the US transfer tax system for non-resident individuals; the NRA status for tax purposes and US Situs rules. How will these new tax rules affect wealth structuring and trust and estate planning professionals with LATAM clients? 


4:40pm - 5:20pm

FAMILY ENTERPRISES IN LATAM - WHAT'S THE SECRET TO SUCCESS?

According to those in the know, the success of a Family Enterprise can be greatly enhanced by building a bridge to the next generation with a "Founder to Family Philosophy" that  embraces good governance. But, the age old challenge of executing a plan is often scuttled when families go to war! Join our speakers, the Founder of a successful family business and their advisor as they discuss the real time challenges to managing these complex times. 


5:20pm - 6:00pm

SPONSOR DRAW AND 2022 LOCATION ANNOUNCEMENT

Winners must be in attendance!


6:00pm

FREE EVENING

Enjoy stunning Riviera Maya and the beautiful Mayakoba Resort! 


8:30am - 9:00am

NETWORKING, MORNING COFFEE AND CONTINENTAL BREAKFAST


8:30am - 5:00pm
THROUGHOUT THE DAY

BARISTA COFFEE BAR


9:00am - 9:40am

ARE WE HEADING FOR A GLOBAL MINIMUM CORPORATE TAX?

What impact will this have on IFCs, wealth structuring, trust & estate practitioners and LatAm families? 


9:40am - 10:20am

THE NEW FACE OF THE WEALTHY FAMILY AND THE DIASPORA OF THE 21ST CENTURY

A companion topic to immigration politics and policy, we will now take the global citizen concept to the next level. More and more mobile, HNW and UHNW families are increasingly becoming 'residents of the world', as these families are now chosing multiple domiciles based entirely on their desirability for residency and the ease of doing business. What are the trends, advantages and pitfalls of the Diaspora of the 20th Century?  


10:20am - 10:30am

STEP UP

What is STEP doing around the world?


10:30am - 11:10am

MEET THE SPONSORS AND COFFEE BREAK


11:10am - 11:50am

CASE LAW: LATAM FAMILIES WITH TRUSTS UNDER ATTACK

In the past, lawyers from the region have had challenges in balancing the domestic legal and tax implications of common law trusts and how they operate in practice. Our panel will examine case law jurisprudence regarding common law trusts established for Latam families that have been challenged in court and provide some "just in time" key learnings from these cases. 


11:50am - 12:30pm

TAX PLANNING AND THE CRIMINAL CONSEQUENCES

In an ever evolving AML world, the crime of tax evasion is increasingly an AML predicate offence and even advisers are becoming targets for past or historical advice given. In the light of this disturbing trend, what increased precautions should advisors and the industry as a whole be adopting? 


12:30pm - 12:40pm

THESIS COMPETITION RECOGNITION

Join us for recognition of the Thesis Topic winner for 2021. This year's Thesis Topic: A Resurgence of Wealth Taxes in Latin America. The practical and tax policy implications facing professionals in 2021. 


12:45pm - 1:30pm

LUNCH AND NETWORKING


1:30pm - 2:10pm

HYPE OR REALITY: THE EMERGING IMPORTANCE OF BITCOIN/CRYPTOCURRENCY AS ALTERNATIVE INVESTMENT VEHICLE

The recent record high-price of Bitcoin confirms the importance of cryptocurrency as a viable alternative to more traditional investment options. This evocative presentation will explore in particular, how to control the origin of those assets and how to avoid investments being relegated to ML and other criminal activities. On one hand, we'll adress the main concern of bankers, trustees and managers of investment funds whooften advise clients not to invest massively in cryptocurrencies and other digital assets and on the other hand, we'll take a look at the on-going pressure clients are facing to "keep up with the Joneses", and not get left behind! 


2:10pm - 2:20pm

THE BAHAMAS MINISTRY OF FINANCIAL SERVICES


2:25pm - 3:05pm
BREAKOUT SESSIONS - SELECT ONE
SESIONES SIMULTÁNEAS - ESCOJA UNA
2:25pm - 3:05pm

THE BENEFICIARIES' POSITION

An age old dilemma -- not following the trust’s letter of wishes vs. not complying with the foundation’s regulations. What will two litigation lawyers; one speaking on civil law foundations and one speaking on trusts have to say about this? 


FUNDS AND PLANNING NIRVANA

Increasingly, economic substance and numerous rules over controlled foreign corporations can create disadvantageous tax consequences for clients -- could it be that planning strategies utilizing funds are a better alternative to providing adequate economic substance requirements? 


TAXATION & REPORT OF BENEFICIARIES AND UPDATE ON BO REGISTRIES

There is a continuing global movement towards not just beneficial ownership registries, but making these registries public as the future global standard.  Will this come to pass and what will be the impact on trust and estate professionals going forward? Let's discuss ... 


3:05pm - 3:45pm

MEET THE SPONSORS AND COFFEE BREAK


3:45pm - 4:45pm

KEYNOTE: THE FUTURE OF WORK AND INNOVATION IN THE DIGITAL ARENA

Santiago Bilinkis is a celebrated Argentinian entrepreneur, technologist and author. In 2010 he was invited to attend Singularity University at a NASA site in Silicon Valley, where he had the opportunity to study and work with the most prominent scientists in the world. A celebrated  author, he has written about potential scientific advances and the new technologies that have recently arisen icluding AI. A noted futurist, Santiago promises to enlighten, amaze and distrupt in this keynote presentation. 


4:45pm - 5:25pm

ESG INVESTING (ENVIRONMENTAL SUSTAINABLE GOVERNANCE); FOR THE SOCIALLY CONSCIOUS INVESTOR

One of the (literal) hottest topics for 2021; sustainable investing. Increasingly investors are looking for green funds as investment alternatives. How will this impact trust practitioners' fiduciary duties? 


5:25pm - 5:35pm

CLOSING


7:00pm - 11:00pm

GALA DINNER

Do not miss the closing gala event hosted on the beautiful beachfront of the Mayakoba resort! Cocktails, dinner and dancing await you.