“Highly relevant and focussed,” was one of the comments from an attendee at the London Wealth Forum held on October 4 at the Caledonian Club in the capital. “Wide ranging and also in-depth analysis gave me valuable and useful information,” was another. The consensus among all those who attended the one-day Wealth Forums event was that the organisers had thought long and hard about both the right agenda and the most interesting speakers.
The busy agenda for the London Wealth Forum and Safe Havens Conference focussed on the challenges and opportunities following the Brexit vote. The opening speaker, Andrew Hawkins of ComRes, addressed the topic How did it happen and what happens next, while Professor Michael Mainelli, co-founder of ZYen, addressed the hot topic London as a Brexit Finance centre.
In a passing reference to Donald Trump’s favourite slogan, Caroline Garnham took a critical look at Make Britain Great post Brexit, while David D’Alton, co-founder and director of the British Irish Chamber of Commerce got straight to the point with How to by-pass Brexit.
Colin Stanbridge, CEO of the London Chamber of Commerce and Industry, told the packed auditorium that at this point there is a lack of clarity over London’s future, and in the coming months there is an immense amount of detail to be dealt with. Fiona Fernie, a tax partner at law firm Pinsent Masons, said that changes to tax rules for long term UK resident non-doms have possibly had as much impact as Brexit on the major reduction in applications for Investor and Entrepreneur visas for the UK.
Looking at the broader picture, a leading expert in security matters claimed that the UK could be safer after Brexit, despite dire warnings from Europol and other sources before the June 23 referendum vote. Martin Dubbey, a former top Revenue and Customs officer, said that the UK produces 40 percent of Europol intelligence and bilateral exchanges of intelligence will continue after Brexit.
Valuable contributions also came from Robert Midgley, of Friends of the British Overseas Territories, who examined the likely effects of Brexit on Crown territories, such as Gibraltar, while John Murray, group managing director of Swan Global gave a native’s viewpoint on relations with Australia.
The topic of citizenship and residency in other jurisdictions was addressed by several speakers, including Mark Pihlens of Henley and Partners, Janos Bako, trade attache of the Hungarian Embassy in London, and Yuri Blazhevych of Multitravel Consultants. Further insights into the options available were provided by Petr Vaclavinek and Thomas Bother, both of Equite Capital. The conference also heard from Michael Hudson who pitted gold against the bitcoin, and James Deen, of Albany Bahamas, who spoke with verve about ‘Plan B.’
With a total of 20 top speakers throughout the day, attendees were able to pop in and out of the conference for drinks and refreshments, while the buffet lunch and evening post conference drinks reception offered excellent opportunities for mixing with the speakers and making new contacts. Further Wealth Forums events will be announced shortly.
Keynote speakers of the event:
Andrew Hawkins, Chairman, ComRes. “How did it happen and what happens next? Andrew Hawkins, Founder and Chairman of ComRes, will analyse how the Brexit vote happened and what the opinion landscape means for its implementation.”
Andrew Hawkins is the Founder and Chairman of ComRes, having grown it from scratch to become one of the best known and most respected names in polling and opinion research. ComRes is retained by ITV News, Daily Mail, Sunday Mirror and the Independent on Sunday, and regularly polls for the BBC as well as numerous commercial, government and charity clients. With offices in London, Brussels and Shanghai, ComRes conducts research across the globe, helping clients manage risk, their reputation and public policy environment.
A barrister by background, Andrew has also notched up no fewer than three other unpopular professions in his career – lobbyist (in Brussels and London), banker, and now pollster. Prior to founding ComRes he was Head of Corporate Communications for BTCellnet, now O2, before joining the Investor Relations Society as Director General. Andrew has contributed to numerous publications and broadcast programmes on politics and polling, campaigning and communication.
Andrew is also a keen pig farmer.
Martin Dubbey, Managing Director, Harod Associates Limited. ‘Brexit –Safer Borders or not?’
Martin Dubbey spent 30 years with UK law enforcement up until October 2010. Of that time most was spent with H M Customs in a range of operational and intelligence roles. This included transnational fiscal fraud, drug and corruption enquiries at the highest level. He spent several years overseas working closely with the US authorities on drug and money laundering cases. On transfer to the Serious Organised Crime Agency at its formation in April 2006 he was responsible for drugs intelligence and the coordination of various organised crime control strategy programmes including aspects of the UK Threat Assessment.
For the past five years he has been involved in private sector commercial fraud and asset tracing work combining his experience of government, global connections and the use of cutting edge technology. He has helped develop cyber technology in the speed of collection and analysis of relevant material from a variety of sources to enhance investigation work. During 2015, this technology has helped identify over $750 million of hidden assets.
These technology capabilities continue to be used in a wide range of criminal and civil cases.
He has an MSc in International Criminal Justice and is a member of the FBI leadership Development Programme. He has been awarded the US International Narcotics Award of Honour. He has recently been asked by Kings College to work on the development of a postgraduate course in open source investigation recognising the level of expertise in this arena.
Michael Mainelli, Z/Yen Group Limited. ‘London As A Brexit Financial Centre’
Professor Michael Mainelli FCCA FCSI FBCS co-founded Z/Yen, the City of London’s leading commercial think-tank and venture firm, in 1994 to promote societal advance through better finance and technology. Z/Yen boasts a core team of respected professionals as well as numerous associates, and is well-capitalised due to successful spin-outs and ventures. A qualified accountant, securities professional, computer specialist and management consultant, educated at Harvard University and Trinity College Dublin, Michael gained his PhD at London School of Economics where he was also a Visiting Professor. His PhD was on the application of risk/reward methodologies involving chaotic systems. Michael’s career summary is a decade of technology research, followed by a decade in finance, then two decades at Z/Yen.
Originally from Kiev (Ukraine), Yuriy Blazhevych obtained his Law Master’s degree from the Kyiv National Economic University and PhD in International Commercial Law. During his career he has successfully worked for organizations including international property group Colliers International and Salans (Dentons) law firm. As such Yuriy has gained extensive experience in tax matters, real estate, corporate and commercial law – providing full range of legal and consulting services to leading international property investors and developers. Yuriy’s work has also involved advising foreign investors on conducting operations in Ukraine and closing acquisitions of Ukrainian companies. In particular, Yuriy gained experience in real estate and land issues, due diligence investigation, anti-monopoly and securities regulation issues, as well as various other projects related to general tax, corporate and commercial matters.
Before joining MULTITRAVEL Consultants Inc. Yuriy was a senior associate with one of the biggest Russian law firms Cliff (Moscow) where he was responsible for development of the tax law practice in Cliff Kiev office, as well as establishment and promotion of Cliff office in Cyprus.
Paul Turner, NCFE. ‘The impact of BREXIT on education’
Paul has 30 years’ experience of working in the UK skills arena and has managed a wide range of pre and post 16 funded provision in both the public and private sectors across the North East and Cumbria as well as Northern Ireland. A qualified Teacher, Assessor, Internal and External Verifier his specialism is Apprenticeships, having been involved in them since 1987. He’s worked at NCFE for over 11 years and his current role is Futures Leader in the NCFE Futures and Insight team. Part of his current work covers Apprenticeships reform and devolution and what they mean for employers and providers of skills programmes in the UK.
Dr Mohammad Razzaque is Head of International Trade Policy at the Commonwealth Secretariat. His primary area of work includes empirical trade policy analysis and assessing trade negotiations. He has led numerous policy research and advocacy projects on WTO-led trade negotiations, Aid for Trade, regional trade deals and integration, and trade challenges of developing countries. He holds a PhD in Economics from the University of Sussex; has previously taught at the University of Dhaka; and has been widely consulted on topical trade issues. He is the editor of Commonwealth Trade Hot Topics and was the lead author of the Commonwealth Trade Review 2015: The Commonwealth in the Unfolding Global Trade Landscape: Prospects, Priorities and Perspectives.
Paul Cheng, SharedImpact, ‘The Great Unravelling: Post-Brexit Challenges for Philanthropy’
Paul Cheng is the former Head of CAF Venturesome (a pioneering social investment fund in the UK) and is currently the Chair of the European Social Investment Taskforce (a high-level, inter-governmental working group which connects Prime Ministerial offices throughout the European Union on matters of social investment policy). He is a regular industry commentator on social finance matters both in the UK and around the world. He also serves on the Board of Trustees of the LankellyChase Foundation (a £125 million grant-making trust), the FSE Social Impact Accelerator Loan Fund, and The Foundry (www.aplaceforchange.co.uk). He is also a BMW Foundation World Young Leader.
Paul is known for his systems approach to building a new financial services industry around charities and social enterprises, and his advice is widely sought by philanthropists, corporates and senior policy-makers.
Previously, he worked as a corporate finance lawyer with the international law firm Slaughter and May, and as a business strategist for Microsoft. He holds an MBA from The Kellogg School of Management, and a law degree from Oxford University.
Colin Standbridge, Chief Executive, The London Chamber of Commerce and Industry. ‘What London Business wants from Brexit.’
Colin Stanbridge became Chief Executive of the London Chamber of Commerce and Industry in November 2002. He is responsible to the Board for all aspects of the Chamber’s work. Prior to joining the Chamber, Colin was Managing Director of Carlton Broadcasting, the London weekday ITV Company from 1996, having joined Carlton as Controller of Regional Affairs in 1993. He became Controller of Public Affairs for Carlton UK Television in 1994. Colin was at the BBC for nearly twenty years after joining as a News Trainee straight from York University. He has worked in local radio, network news, current affairs and regional television.
John Pemberton-Pigott is Director of Programmes at the Commonwealth Enterprise and Investment Council. “Brexit – The Commonwealth Opportunity”
ConCWEIC was founded by Lord Marland of Odstock in July 2014 to promote trade, investment and the role of the private sector across the 53 member countries. It is responsible for the biennial Commonwealth Business Forum, held as part of the Commonwealth Heads of Government Meeting, and is organising the inaugural Commonwealth Trade Ministers Meeting in March 2017. CWEIC has recently launched a programme called CommonwealthFirst to encourage SMEs to trade and invest in Commonwealth markets. John worked for a number of years with the Commonwealth Business Council, CWEICs predecessor organisation, and before that had brief stints in the fund management industry and Hong Kong. He studies Modern History and Economics at Pembroke College, Oxford.
John Murray, Group Managing Director of Swann Global. “Where to for Australia with Brexit”.
Swann Global, with more than 35 years of experience in the natural resources and executive search industries. His past involvements and wealth of knowledge enables him to understand, define and accurately meet the needs of his clients and candidates. As a result, John enjoys close working relationships with key organisations and leaders within the global natural resources industry and is regularly invited to conduct Board assessments of companies operating in North America, Europe and Australasia.
John has a prominent international reputation for the way he adds value to those who seek his confidential advice and services. He is known for his forthright assessments often challenging the status quo. His time spent studying at Harvard in the 90’s was instrumental in developing his strategic global perspective. He has a passion for advocating diversity and inclusion at both Executive and Board levels with a strong belief that diverse ways of thinking optimises company’s performance. As a founding member of the Melbourne Mining Club, John has contributed to the growth of this pre-eminent forum for the global natural resources community.
Fiona Fernie, Partner at Pisent Masons LLP. ‘Brexit: the post referendum landscape for internationally mobile HNWIs’
Fiona Fernie is a Chartered Accountant and Trust Practitioner with 30 years’ experience advising High Net Worth clients on tax residence and domicile and assisting those who are subject to investigations/enquiries by HMRC. Her particular expertise is direct tax COP8 and COP9 cases with an offshore element. She advises clients who have potential technical tax disputes with HMRC, those who require pre-transaction certainty, and on voluntary disclosures of tax irregularities. Fiona also advises in relation to HMRC use of information and inspection powers the assessing and penalty provisions, and all other aspects of tax administration. Fiona’s clients include individuals, trusts, corporates, partnerships and other professional advisers.
Michael Hudson, Founder and CEO Bitstocks. ‘Brexit Safe Havens: Gold vs Bitcoin’
Michael is a successful investor, entrepreneur and self-professed techie, with extensive experience in the technology and finance sectors. Since setting up his first business at the tender age of 17 – selling highly modified, overclocked computers online – he spent his time and attention building his knowledge and experience in the financial world. After discovering Bitcoin, he recognised the true value and opportunity this technological innovation presented from both a financial and philanthropic perspective and became increasingly passionate about promoting it as a viable investment vehicle.
Michael founded Bitstocks with one simple goal in mind – to simplify the process of investing in bitcoins.
His belief in Bitcoin is unwavering. “Bitcoin will essentially transform the way we see money and is set to revolutionise global financial markets by providing a universal means of exchange and a store of value.”
David D’Alton, UK Director – British Irish Chamber of Commerce, ‘How to bypass Brexit’
David is a co-founder of the British Irish Chamber of Commerce, the promoting voice of the €60bn British-Irish trading relationship and is UK Director responsible for the Chamber’s significant growth across the United Kingdom. David also represents Members’ interests on the Chamber’s Life Sciences Policy Committee.
Founder also and CEO of D’Alton Kingswell, a European Life Sciences commercialisation consulting practice with its main hub based in Belgium, his company supports emerging Life Sciences companies across the UK and Ireland by providing ‘final mile’ support services that enable more cost effective wide market engagement across ‘regulatory-diverse’ Europe. To put this in perspective, a client of his remarked ‘It is more cost effective for emerging Life Sciences companies to sell to 300m Americans than it is to 500m local European within our own so-called single market!’
On that single-market subject, Brexit is coming to dominate our agenda, like it or not, for years to come. Speaking today from his Chamber perspective, David will offer an insight on how we might just bypass Brexit itself.
Caroline Garnham, Garnham Family Office Services. ‘Make Britain Great – post Brexit.’
Caroline is a Fellow of the Chartered Institute of Taxation and has been a leading private client lawyer for more than 30 years. She was partner at Simmons & Simmons and head of their Private Client Department for 15 years. She set up Garnham Family Office Services in 2015 to look after the concerns of some of the wealthiest families in the world.
She was a pioneer in Non Dom tax planning in the 1990’s and world leader in offshore succession and wealth preservation. She coined the phrase ‘family governance’ twenty years ago which is widely used by lawyers and trustees today as the planning needed to avoid family disputes damaging family wealth. In 2011 she proposed and drafted legislation in the Bahamas known as the Bahamas Executive Entity (BEE) which became law the following year. It is now used extensively in offshore trust structures to provide non-executive limited liability supervision of offshore trust structures.
Caroline is well respected as a thought leader in this field having written for the Financial Times as a contributor on tax and trusts for over 12 years and is author of the book ‘When you are Super Rich who do you Trust?’.
Garnham FOS is independent and unbiased. It specialises in succession, estate and family governance planning and is the world’s leading expert on privacy protection planning ahead of automatic exchange of information in 2017.
János Bakó, Embassy of Hungary. ‘Brexit from a Hungarian Perspective – New Opportunities’
János has been working as an Investment and Trade Attaché at the Embassy of Hungary since April 2015 focusing on FDI and bilateral trade related projects, analysis of the economy, and leading an outreach in the UK business sector. Previously he was working with KPMG UK and KPMG Hungary leading numerous advisory projects with clients from the financial services, retail, and pharmaceutical industries. Throughout the years living and working in Budapest, Washington DC, and London, János has gained extensive experience in advisory services, management and risk consultancy and has a deep understanding of the public sector as well.
Veronique Foulon is an Associate Director in Kroll’s London office.
Prior to joining Kroll in May 2016, Veronique was a Senior Analyst at boutique business intelligence consultancy Alaco in London before working in-house with a number of legal and corporate clients on a range of arbitration, litigation support, ABC and AML projects. At the start of her career, Veronique was a research officer at a London-based political risk think tank and Head of Market Research at an online media start up.
Veronique holds an MPhil from the Sorbonne and an MSc in European Studies from the LSE. She is an associate member of the ACFE.
Kevin Shakespeare is an expert on International trade, examiner, practitioner, and author of the trade book “Trade for Good”. Kevin has been involved in the world of trade, from a young age of just 17 working in a small business, to joining National Westminster Bank, The Bank of Scotland and Lloyds Bank, carrying out a variety of roles in senior positions covering the world of trade and dealing with businesses of all sizes.
In the last 10 years Kevin has also worked with The Institute of Export and International Trade as Director of Education managing and developing the Institute’s range of professional qualifications and learning delivery.
Kevin sits on several committees and boards involved in directing the world of business, trade and education. Professional and industry qualifications have been achieved with a number of organisations including The Association of Corporate Treasurers, The Institute of Financial Services and British International Freight Association.
Kevin provides training to students covering trade, business and finance.
Robert Midgley, Friends of the British Overseas Territories.
Robert has voluntarily ran the public relations side of Friends of the British Overseas Territories for over 3 years. Taking a natural interest in the Overseas Territories, he has run visits to the overseas territories to truly understand every dimension of life; from politics to conservation efforts and social life.
Returning from recent trip from Gibraltar and the Turks & Caicos Island he will be commenting on how Brexit has effected the overseas territories.
Since he joined the diplomatic service, he has served in various positions at the Ministry. Prior to his secondment as Deputy Head of Mission at the Embassy of the Grand Duchy of Luxembourg to the United Kingdom accredited to Ireland and Iceland, he served as Deputy Head of Mission and Consul at the Embassy in Moscow (2010-2014) and Deputy Head of Mission in Berlin (2005-2010). He is married.
TO ATTEND THE EVENT:
The cost of London Wealth Forum is GBP 395. To purchase your ticket, please contact Marina Savicka at [email protected] or +371 2787 8704 or use the online registration form at our website.