The Jakarta chapter of Labuan IBFC’s Wealth Management for Managers conference took place at the Grand Hyatt Hotel, Jakarta on 1 October 2015. It was part of a series of wealth management conferences organised by Labuan IBFC to encourage talent development and facilitate the use of internationally-recognised asset protection and preservation structures among Southeast Asia’s wealth management fraternity.
At the event, Zac Lucas, Partner at Wragge Lawrence Graham & Co, explained the implications of the impending adoption of common reporting standards to the regional wealth management industry.
About Speaker
Zac Lucas
Zac Lucas is Partner at Wragge Lawrence Graham and Co (Singapore). He is also Head of Private Capital, based in Singapore.
Zac specialises in all areas of international private client law, including cross-border estate and succession planning, with over 15 years' experience advising on the creation of private family trusts, such as discretionary, life interest and reserved power trusts, as well as commercial trusts, including employee benefits, pension and unit trusts.
Zac has a particular expertise in advising business families on all areas of governance and succession planning, and as a result his clients include some of the most well-established business families in the region.
Zac also advises in relation to the OECD Common Reporting Standards, and in particular application of the rules to banks, trust companies and other financial service providers likely to be affected by the rules.
As a consequence, Zac is regularly instructed by international law and accounting firms, private banks, independent trust companies and wealthy individuals and families.