Overview

Understanding the role of International Financial Centers (IFCs) and their place within the global economy has become increasingly important for those wealth planners wishing to expand their investments and financial service responsibilities.

In response to this pressing need for up-to-date and reliable knowledge about this sector, the theme of this IFC World Breakfast Briefing will be the main products and services available from these financial centres, and what differentiates them from other jurisdictions.  This 50-minute panel session will also shine a light on the latest policy and regulatory developments. We are delighted to have secured senior experts from The Bahamas to lead the discussion and share their experience.

Attendees will leave the Breakfast Briefing understanding why IFCs can be a compelling choice for service providers and intermediaries to do business.  What are the key growth drivers and product innovations? In finding answers to these pertinent questions, The Bahamas, which has an evolving fund industry, will present a useful and informative case study for investors and their advisors. The relative benefits of making the most of IFCs for wealthy individuals and families looking to establish family offices will be discussed.

Agenda

08:00           Arrival and registration

Breakfast refreshments served

09:00           Opening Remarks

Speaker:  The Hon. Elsworth N. Johnson, Minister of Financial Services, Trade and Industry and Immigration, The Commonwealth of The Bahamas

09:20           Guest speaker: Andrew P. Morriss, Dean, School of Innovation & Vice President for Entrepreneurship and Economic Development

09:40          Panel discussion/Roundtable:

Subject: The International Financial Centre Value Proposition

  • Selecting Service providers
  • Private Wealth Management
  • Family Offices
  • Investment Funds and DARE
  • Case study: Bahamas Products and Services, Investment Fund Deep Dive

Chaired by: Stephen Harris, CEO, ClearView Financial Media

Panelists:

Linda D’Aguilar, Partner, Glinton Sweeting O’Brien

Michael Paton, Partner, Lennox Paton

Sarah Packington, Partner, Graham Thompson

Christina Rolle, Executive Director, The Securities Commission of The Bahamas

10:35           Audience Q&A with panellists

10:55          Networking

11:30           Event close

Light refreshments available


Logistics

Date and Time

Date: Thursday 26th September - 2019
Time: 8:00 am – 11:30 am

Venue

The Century Association

Address: 7 West 43rd Street New York, N.Y. 10036

Telephone: +1(212) 944-0090


Sponsors

Keynote Speaker

Andrew P. Morriss

Andrew P. Morriss

Dean, School of Innovation & Vice President for Entrepreneurship and Economic Development

Texas A&M University

Andrew Morriss is Dean of the School of Innovation, Texas A&M University. He received his A.B. from Princeton University, his J.D./M.Pub.Aff. from the University of Texas, his Ph.D. (Economics) from M.I.T., and his M.Ed.Tech. from Texas A&M. He writes widely on IFCs, including IFCs need to become Apple, IFC Economic Report (Winter 2018/2019), Creating Cayman as an Offshore Financial Center: Structure and Strategy since 1960 (with Tony Freyer), Ariz. St. L.J. 45:1297-1398 (2013), and Moving Money: International Financial Flows, Taxes & Money Laundering (with Richard Gordon), Hastings Int’l & Comp. L. Rev. 37:101-224 (2013) and edited Regulatory Competition and Offshore Finance (AEI Press, 2010).

Speakers

Linda Beidler-D’Aguilar

Partner

Glinton Sweeting O’Brien

Linda Beidler-D’Aguilar joined Glinton Sweeting O’Brien as a partner in July 2015.  In her practice she specializes in the structuring and creation of vehicles (including investment funds) for multinational institutional clients as well as private clients; she also advises on corporate transactions, securities law, including public and private offerings.  After being called to the Bar she worked in a top tier Chicago firm and at Kelley Drye & Warren’s Washington D.C. office, and then moved to The Bahamas in 1991.  Linda was employed by two major trust companies before she was recruited to serve as in-house intellectual property counsel to Bacardi & Company Limited; she returned to private practice in 2003. Linda served as a Director of the Bahamas Financial Services Board from 2010 to 2014, and continues to be active in BFSB’s regulatory, legislative and product development initiatives.  She was a member of BFSB’s ICON Working Group that received the Development and Promotion Award in 2014; in 2016 she received BFSB’s Minister’s Award for services to the financial services industry.

https://gsolegal.com/ 

Stephen Harris

CEO

ClearView Financial Media

Stephen Harris is chief executive of ClearView Financial Media, publisher of global wealth management news sites WealthBriefing, Family Wealth Report and WealthBriefingAsia; as well as compliance, tax and remuneration-centred Compliance Matters, Offshore Red and Executive Compensation Briefing respectively. He has 25 years’ financial publishing experience, 17 years of which have been running growth companies.

He has written extensively on global wealth management issues and leads ClearView’s global events team. As well as training as an accountant, Stephen has worked as a hedge fund manager and as a private banking headhunter.

Taking his wealth management knowledge from behind his publications, Stephen is often at the centre a variety of thought-leadership events in the industry. He has spoken on a number of panels and webinars as an expert in the field, as well as commentating on television, and leading internal staff training programmes.

Not only has he chaired panels at numerous conferences organised by ClearView in the UK, US and Asia; Stephen has chaired filmed round-tables for firms, such as BNP Paribas and Appway.

The Hon. Elsworth N. Johnson

Minister of Financial Services, Trade and Industry and Immigration

The Commonwealth of The Bahamas

The Hon. Elsworth N. Johnson was elected to the House of Assembly in May, 2017 and appointed by the Prime Minister to serve in the Cabinet of The Bahamas as Minister of State for Legal Affairs in the Office of the Attorney General from May 2017 a post he held until June, 2019.  On 1st July, 2019, he assumed the post of Minister of Financial Services, Trade and Industry and Immigration.

Minister Johnson is a graduate of the College of The Bahamas, where he attained an Associates of Arts Degree in Law and Criminal Justice. In 1997, he enrolled in the University of the West Indies, and successfully completed his Bachelor of Laws Degree with Honors.  In 2003 Minister Johnson obtained his Legal Education Certificate from the Eugene Dupuch Law School and was called to The Bahamas Bar. In 2010 he attained a Master’s Degree in Corporate and Commercial Law from the University of The West Indies.

He is a past President of The Bahamas Bar Association and former Principal Partner in the law firm of Johnson & Associates.  He is also a member of the International Bar Association.

Sarah Packington

Partner

Graham Thompson

Sarah H. Packington is a Partner in the law firm of Graham Thompson, and member of the firm’s Financial Services, Private Client, Trusts and Estates Practice Group. Her practice is focused primarily on banking and finance, corporate, commercial and securities, insurance and cross-border commercial transactions.She also acts for private and institutional clients on general corporate and commercial matters as well as various regulatory matters within the securities industry.

Sarah was a leading member of the Graham Thompson team that served as technical advisers to the Bahamas Securities Commission on the overhaul of the Investment Fund Act, 2019.

She is a Registered Associate of The Bahamas Bar Association and is a member of the New York State Bar Association.

Michael Paton

Partner

Lennox Paton

Michael is head of the firm’s Corporate & Commercial, Investment Funds and Banking and Securities Group and has specialist experience with wealth management structures.  Ranked Band 1 in both Chambers Global and the Chambers High-Net-Worth Guide, he is considered one of the top lawyers in The Bahamas.  Michael is former chairman of the Bahamas Financial Services Board, current deputy chairman of the Securities Commission of the Bahamas, a member of the government Tax Steering Committee and a qualified Certified Public Accountant (non-practising) in the USA.

https://www.lennoxpaton.com/

Christina R. Rolle

Executive Director

Securities Commission of The Bahamas

Christina R. Rolle is the Executive Director of the Securities Commission of The Bahamas, and has over 20 years of experience in the financial services industry.  Over the course of her career, she has acted as Director and Deputy CEO for a prominent international private bank and held various senior managerial positions with local and other international institutions including Head of Trust and Fiduciary, Head of Risk, Compliance and Corporate Governance and Manager of Banking Services. She was a member of the FATCA advisory group for the Government of The Bahamas and has served on the Board of Directors of The Bahamas Financial Services Board (2009 – 2012) and the Society of Trust and Estate Practitioners (STEP), Bahamas branch (2003 – 2005).

Sponsors