Accounting & Finance Family Office
Certificate for Module (Family Office Management Strategy)
CEF Reimbursable Course
- Study mode
- Start Date
- 30 Aug 2022 (Tue)
- 30 hours
- Course Fee
- HK$15000 per programme
The programme aims to provide students with essential knowledge in family office management. It will discuss various issues regarding how to establish a family constitution; how to set up a family office in Hong Kong; inheritance, family and business knowledge; and how to handle stakeholders’ disputes. The application of trusts in family offices and real-life cases will be discussed. After completing the programme, students can better understand the processes and contemporary issues related to family office management.
On completion of the programme, students should be able to
- discuss the strategic issues and requirements of setting up a family office;
- explain the importance of corporate inheritance and knowledge;
- evaluate the use of trusts to manage wealth in family offices;
- critically analyse the regulation and compliance in family office management.
Family Office Consensus and Sustainable Relationship
Introduction to Family Office
History and case analysis of the Family Office
Single Family Office vs Multiple Family Offices
How to set up a Family Office
Running a Family Office
Regulation, governance and compliance related to Family Office
Structure of a Family Office
Services of a Family Office
Challenges and threats to a Family Office
Family business and governance
Drafting family business vision and family commitment
Drafting the family constitution
How to assist clients in reviewing family history and value
The composition and operation of the family committee
Continuation of family relationship and lifestyle management
Corporate Inheritance and Knowledge Transfer
The core elements of the family's success
Transfer family and business knowledge
The importance of establishing company equity restrictions
Family business decision-making arrangements
Common shareholder disputes
Professional Wealth Management
Introduction to trusts
Uses of trusts and comparison with other options
Attacks on trusts
Application and setting up of family trust
Comparison of trust jurisdictions
The application of family trust in family inheritance
Legacy and wealth inheritance strategy
Types of trustee
Transfer of fixed assets and current assets and tax arrangements
Key points of estate tax treatment in different regions
Legal challenges encountered in the implementation process
- Class participation (30%)
- One individual written assignment (70%)
- Upon successful completion of the programme, students who have passed the assessment with attendance no less than 70% will be awarded within the HKU system through HKU SPACE a Certificate for Module (Family Office Management Strategy).
|Application Code||2035-FN077A||Apply Online Now|
|Apply Online Now|
Days / Time
- Tuesday, 7:00pm - 10:00pm
Mr. Richard Grasby has more than 22 years’ post qualification experience (the last 13 in Asia) in a wide variety of areas predominantly with a focus on private client and private wealth.
Richard’s experience includes working in the following areas:
- Trust establishment, restructuring and administration
- Special trusts i.e. BVI VISTA and Cayman STAR trusts.
- Private trust companies
- Estate administration
- Succession planning
- Family governance
- Regulatory law especially concerning trust and corporate service providers and economic substance
- Risk management for trust companies
- Family office
- Use of corporate vehicles by private clients and family offices both for asset holding and succession planning
- Due diligence of existing structures and service providers
- Collective investment funds – particularly unit trusts
- Employee benefit trusts
Richard is admitted as a solicitor in England & Wales, the British Virgin Islands (“BVI”) and the Cayman Islands. He has lived and worked in Jersey, the UK, the Cayman Islands and Hong Kong. He is regarded as one of Asia’s pre-eminent practitioners in the offshore private wealth sector.
Richard has worked for some of the leading law firms including Maples, Ogier, SJ Berwin and Charles Russell Speechlys LLP. He is currently a partner with Appleby in Hong Kong. He is also an invited member of the International Academy of Estate and Trust Law.
Richard is a certified anti-money laundering specialist.
He is also an active member of many organisations:
- Immediate past chair of the HK branch; member of Executive Committee; chair of Legislation and Regulatory Sub-committee
- Member of global steering committee for Business Families Special Interest Group
- Deputy chair of global steering committee for International Client Special Interest Group
- Hong Kong Trustees Association
- Lecturer for Trust Training Certificate
- Hong Kong Securities Institute
- Lecturer on Family Offices
- International Bar Association
- Inter-Pacific Bar Association
- Family Firm Institute
- International Fiscal Association
- Hong Kong Institute of Directors
- Investment Migration Council
August 2022 Class
|1||30 Aug 2022 (Tue)||7 - 10 PM|
|2||6 Sep 2022 (Tue)||7 - 10 PM|
|3||13 Sep 2022 (Tue)||7 - 10 PM|
|4||20 Sep 2022 (Tue)||7 - 10 PM|
|5||27 Sep 2022 (Tue)||7 - 10 PM|
|6||11 Oct 2022 (Tue)||7 - 10 PM|
|7||18 Oct 2022 (Tue)||7 - 10 PM|
|8||25 Oct 2022 (Tue)||7 - 10 PM|
|9||1 Nov 2022 (Tue)||7 - 10 PM|
|10||8 Nov 2022 (Tue)||7 - 10 PM|
Applicants shall hold a bachelor’s degree awarded by a recognized institution.
If the degree or equivalent qualification is from an institution where the language of teaching and assessment is not English, applicants shall provide evidence of English proficiency, such as:
i. an overall band of 6.0 or above with no subtests lower than 5.5 in the IELTS; or
ii. a score of 550 or above in the paper-based TOEFL, or a score of 213 or above in the computer-based TOEFL, or a score of 80 or above in the internet-based TOEFL; or
iii. HKALE Use of English at Grade E or above; or
iv. HKDSE Examination English Language at Level 3 or above; or
v. equivalent qualifications.
Applicants with other qualifications will be considered on individual merit.
HK$150 $150 (Non-refundable)Course Fee
- Course Fee : HK$15000 per programme
- The CEF Institution Code of HKU SPACE is 100
|Certificate for Module (Family Office Management Strategy)
證書 (單元 : 家族辦公室管理策略)
|COURSE CODE 33C138220||FEES $15,000||ENQUIRY 2867-8476|
|Continuing Education Fund
This course has been included in the list of reimbursable courses under the Continuing Education Fund.
Certificate for Module (Family Office Management Strategy)
Online Application Apply Now
Application Form Download Application FormEnrolment Method
HKU SPACE provides 24-hour online application and payment service for students to apply to selected award-bearing programmes and to enrol in most open admission courses (courses enrolled on a first come, first served basis) via the Internet. Applicants may settle the payment by using either "PPS by Internet" (not available via mobile phones), VISA or Mastercard online. Online WeChat Pay, Online AliPay and Faster Payment System (FPS) are also available for continuing enrolment in the same programme, if online service is offered.
For first time enrolment
Complete the online application form
Applicant may click the icon on the top right hand corner of the programme/course webpage to make online application, and then follow the instructions to fill in the online application form.
Some programmes/courses may admit by selection, and may require applicants to provide electronic copy of any required documents (e.g. proof of qualification) as indicated on the programme/course webpage. Only file format in doc, docx, jpg and pdf are supported.
Make Online Payment
Pay the application or programme/course fees by either using:
"PPS by Internet" - You will need a PPS account and a PPS Internet password. For information on how to open a PPS account and how to set up a PPS Internet password, please visit http://www.ppshk.com.
*Credit Card Online Payment - Course fees can be paid by VISA or Mastercard including the “HKU SPACE Mastercard”.
* HKU SPACE Mastercard cardholders who wish to enjoy 10-month interest free instalment scheme must pay their tuition fees in person at any of our HKU SPACE Enrolment Centres.
To know more about first-time online application/enrolment and payment, please refer to the user guide of Online Application / Enrolment and Payment:
For continuing enrolment in the same programme
Selected programmes offer online continuing enrolment service. Programme staff will inform students if they offer this service and offer further enrolment details.
Online Payment can be made via "PPS by Internet" (not available via mobile phones), VISA or Mastercard, Online WeChat Pay, Online AliPay and Faster Payment System (FPS)
In Person / Mail
For first time enrolment
For first come, first served short courses, complete the Application for Enrolment Form SF26 and bring or post the completed form(s), together with the appropriate application/course fee(s) and any required supporting documents to any of the HKU SPACE enrolment centres.
[Download Enrolment Form SF26]
Award-bearing and professional courses may require other information. Forms are usually available at the enrolment centres or on request from programme staff. Bring or post the completed form(s), together with the appropriate application/course fee(s) and any required supporting documents to any of the HKU SPACE enrolment centres.
For continuing enrolment in the same programme
The standard ‘Enrolment/Payment Slip’ is designed for students of award-bearing programmes or remaining programmes in a suite of programmes requiring continuing enrolment and it applies to most programmes.
Students should complete the “Enrolment/Payment Slip” which will be made available by relevant programme staff and return the slip to any HKU SPACE enrolment centre or post it to the relevant programme staff with appropriate fee payment.
Please refer to available Payment Methods for fee payment information. If you are in doubt about the procedures, please check the individual course details, or contact our programme staff or enrolment centres.
Please note the followings for programme/course enrollment:
- Applicants should not leave the online application idle for more than 10 minutes. Otherwise, applicants must restart the application process.
- Only Early Bird Discount is supported for Online Applicants (Application). To enjoy other types of discount, please visit one of our enrolment centres.
- During the online application process, asynchronous application and payment submission may occur. Successful payment may not guarantee successful application. In case of unsuccessful submission, our programme staff will contact you shortly.
- Applicants are reminded that they should only apply for the same programme/course once through counter or online application.
- For online enrolment, a payment confirmation page would be displayed after payment has been made successfully. In addition, a confirmation email would also be sent to your email account. You are advised to keep your payment confirmation for future enquiries.
- Fees paid are not refundable except as statutorily provided or under very exceptional circumstances (e.g. course cancellation due to insufficient enrolment).
- If admission is by selection, the official receipt is not a guarantee that your application has been accepted. We will inform you of the result as soon as possible after the closing date for application. Unsuccessful applicants will be given a refund of programme/course fee if already paid.
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The School (and its respective employees and subsidiaries) is not liable for any loss or damage in connection with any online payments made by you by reason of (i) any failure, delay, interruption, suspension or restriction of the transmission of any information or message from any payment gateways of the relevant banks and/or third party merchants for processing credit/debit/smart card or other payment facilitation mechanism; (ii) any negligence, mistake, error in or omission from any information or message transmitted from the said payment gateways; (iii) any breakdown, malfunction or failure of those gateways in effecting online payment service or (iv) anything arisen out of or in connection with the said payment gateways, including but not limited to unauthorised access to or alternation of the transmission of data or any unlawful act not permitted by the law.
1. Cash, EPS, WeChat Pay Or Alipay
Course fees can be paid by cash, EPS, WeChat Pay or Alipay at any HKU SPACE Enrolment Centres.
2. Cheque Or Bank draft
Course fees can also be paid by crossed cheque or bank draft made payable to “HKU SPACE”. Please specify the programme title(s) for application and the applicant’s name.. You may either:
- bring the completed form(s), together with the appropriate course or application fees in the form of a cheque, and any required supporting documents to any of the HKU SPACE enrolment centres;
- or mail the above documents to any of the HKU SPACE Enrolment Centres, specifying “Course Application” on the envelope. HKU SPACE will not be responsible for any loss of payment sent by mail.
Applicants may also pay the course fee by VISA or Mastercard, including the “HKU SPACE Mastercard”, at any HKU SPACE enrolment centres. Holders of the HKU SPACE Mastercard can enjoy a 10-month interest-free instalment period for courses with a tuition fee worth a minimum of HK$2,000; however, the course applicant must also be the cardholder himself/herself. For enquiries, please contact our staff at any enrolment centres.
4. Online Payment
Online application / enrolment is offered for most open admission courses (course enrolled on first come, first served basis) and selected award-bearing programmes. Application fees and course fees of these programmes/courses can be settled by using "PPS by Internet" (not available via mobile phones), VISA or Mastercard. In addition to the aforesaid online payment channels, continuing students of award-bearing programmes, if their programmes offer online service, may also pay their course fees by Online WeChat Pay, Online Alipay and Faster Payment System (FPS). Please refer to Enrolment Methods - Online Enrolment for details.
- If the programme/course is starting within five working days, application by post is not recommended to avoid any delays. Applicants are advised to enrol in person at HKU SPACE Enrolement Centres and avoid making cheque payment under this circustance.
- Fees paid are not refundable except under very exceptional circumstances (e.g. course cancellation due to insufficient enrolment), subject to the School’s discretion. In exceptional cases where a refund is approved, fees paid by cash, EPS, WeChat Pay, Alipay, cheque or PPS (for online payment only) will normally be reimbursed by a cheque, and fees paid by credit card will normally be reimbursed to the payment cardholder's credit card account.
- In addition to the published fees, there may be additional costs associated with individual programmes. Please refer to the relevant course brochures or direct any enquiries to the relevant programme team for details.
- Fees and places on courses cannot be transferrable from one applicant to another. Once accepted onto a course, the student may not change to another course without approval from HKU SPACE. A processing fee of HK$120 will be levied on each approved transfer.
- Receipts will be issued for fees paid but HKU SPACE will not be repsonsible for any loss of receipt sent by mail.
- For payment certification, please submit a completed form, a sufficiently stamped and self-addressed envelope, and a crossed cheque for HK$30 per copy made payable to "HKU SPACE" to any of our enrolment centres.
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- Family Office