GUERNSEY 2012

ANNUAL SEMINAR ON EMPLOYEE

SHARE SCHEMES FOR TRUSTEES

A NEW START FOR EBTs?

The Duke of Richmond Hotel, St Peter Port December 7 2012

Guernsey, Dec 7 2012: A New Start for EBTs? Employee share schemes for trustees seminar Guernsey 2012

This years popular joint conference of the Employee Share Ownership Centre and STEP Guernsey will take place on December 7 2012 in St Peter Port, Guernsey. The conference will make use of professional speakers expertise to provide trustees with the latest regulatory and legislative updates and to showcase best practice models for employee share ownership. Places are still available, book yours soon: contact esop@esopcentre.com

A New Start for EBTs?

Changes introduced by the disguised remuneration legislation have shaken up the trustee world and still represent a major challenge a challenge that is best tackled if fully understood. However, the governments keenness to encourage employee share ownership is an encouraging sign for EBTs. The Nuttall Review embraces the shares in trust model of employee ownership and should spark a new wave of business for Guernsey trusts. A representative of the Department of Business, Innovation and Skills and governmental adviser Graeme Nuttall will be part of the high-level speaker line-up addressing delegates at the conference.

Guernsey, Dec 7 2012: A New Start for EBTs? Conference Programme

9:00 State of the Nation
Employee Share Ownership Centre update

- 11:00 Coffee Break 11:30 How recent legal cases affect day-to day-today decisions as a trustee

Malcolm Hurlston, Chairman, ESOP Centre

9:20 How to ensure your EBT has your Government support

A review of the key role for EBTs in realising the UK Governments plans for employee ownership based on:

Disclosure of information Convening of beneficiaries with a remote interest Mistake, rectification and rescission Identification of trustees and beneficiaries in proceedings.

Alison MacKrill, STEP Guernsey

The Nuttall Review of Employee Ownership and the Governments response The Office of Tax Simplifications review of unapproved share plans HM Treasurys review of employee ownership.

12:00 Reaching clarity with HMRC on Di sDisguised Remuneration

Jane Bateman, Department of Business, Innovation and Skills Graeme Nuttall, FFW LLP & independent adviser to the British government

A hardening of attitudes to Disguised Remuneration by HM Revenue & Customs Is there a willingness on both sides to reach Settlement? The cost v. benefit analysis Is doing nothing still an option for clients?

10:00 Underwater options and share price volatility

Paul Malin, Haines Watts

12:30 Global economic review: what future arrangements? for share arrangements?

Challenges faces by companies Suggested solutions and strategies and thinking ahead Dealing with the performance conditions The all-important employee communication Coping with a downturn in share price

David Craddock, David Craddock Consultancy Services

A change of focus: Europe out of the spotlight Impact of the rise of China and postelection US Perspectives for 2013

George King IV, Head of Portfolio, RBC Wealth Management

sec10:30 Employee share plans in the SME sector: what works best?

Privately held companies Smaller quoted companies Role of the trustee What to do if EMI cannot be used?

David Pett, Partner, Pett, Franklin & Co. LLP

Guernsey, Dec 7 2012: A New Start for EBTs?

Attendance Fees
Members Non-members 295 425

Continuing Professional Development: The course counts for 3.5 CPD hours hours.

Location & Timings

The conference will be held at the newly refurbished Duke of Richmond Hotel in CamHotel, bridge Park, St Peter Port, GY1 1UY Guernsey. Delegates are supposed to arrive at 8:30am for a 9am start. The seminar will finish at 1pm and it will be followed by a complimentary buffet lunch, lunch which delegates are very welcome to attend.

ESOP Centre
The Employee Share Ownership Centre is a non profit, subscription based organisation which draws from over 20 years of experience to inform, lobby and research in the interest of developing all forms of broad-based employee share ownership plans in the UK and Europe. Become a member: join the Centre to enjoy discounted rates at events and many other benefits. Contact us at esop@esopcentre.com or call +44 (0)207 239 4971.

STEP Guernsey
Set up in 1994, the Guernsey branch of the Society of Trustees and Estate Practitioners has grown considerably over the years. The association forms an important focus for practitioners in Guernsey and the local trust industry as a whole. Its principal aim is to provide a forum for discussion on relevant topics and to provide continuing education for the branch members. For inquiries, contact the branch administrator Ms Fiona Roberts at fionaroberts@newtelsurf.com or call +44(0)7781 143661.

The ESOP Centre Limited | www.esopcentre.com 65 Kings Cross Road WC1X 9LW | Tel +44 (0)20 7239 4971 | Fax +44 (0)808 280 1938 Images courtesy of VisitGuernsey