Dear Members,

A big thank you to all members for the strong turn-out for the recent Pre AGM talk - "What You Need to Know About CRS and its Impact for Your Clients?" and the AGM. I believe the CRS will have an impact on how we structure businesses for our clients. Therefore, we need to keep ourselves updated on any changes or new regulations on this matter. STEP Singapore will continue to monitor the progress of the implementation of the CRS and will organise more talks and updates for members.

As the new committee takes office for 2015/2016, lots of planning and organising are already underway. I hope to see more active participation from members, not just in attendance of the events that we will organise, but also in contributions to thoughts, ideas and volunteered time to assist the Singapore branch to provide a robust, active and forward thinking platform for its members in the area of education, engagement with regulators and relevant authorities and any other areas that the branch feels relevant to the trust and fiduciary industry.The team comprising of the STEP Singapore branch committee are as follows:

Vice Chairperson  : Annette Sui
Secretary   : Chee Fang Theng
Treasurer  : Cathryn Lau
Ordinary Member  : Lionel Choi
Ordinary Member  : Goh Seow Chee
Ordinary Member  : Ashley Ong

In addition, the following sub-committees have also been set up:

1. Editorial – Chair : Chee Fang Theng
2. Technical – Chair : Goh Seow Chee
3. Education/Events – Co-Chairs : Cathryn Lau/Lionel Choi
4. Membership – Chair : Annette Sui

The Chairs of the above sub-committees will be approaching members to join and participate in the sub-committees. So, I would be deeply appreciative if members would offer your kind assistance and share your expertise and knowledge with them. As STEP Worldwide disseminates more information to the branch, there may be possibilities of more sub-committees in the future, hence there will be plenty of opportunities for members’ participation, feedback and contribution to the Singapore branch.

The first upcoming event will be a joint talk by EDB and Baker & McKenzie on 14 August 2015. More information on this event has been circulated to all members. We are also in discussions with HMRC and Pinsent Masons on joint presentation to members on 23rd September. Once confirmed, details will be sent to you.

Thank you.
Linda Wong
Chairperson, STEP (Singapore Branch), 2015-2016

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