Question 1:
Under any trust, the trustees are assigned some works and are empowered with definite powers to allow them to operate efficiently.
(a) What Are?
(i) The duties and
(ii) The powers of Trustees.
(b) Briefly illustrate out the types of private trusts employed offshore
(c) Although each centre has its own statutory requirements, what would, in general words, be the statutory provisions concerning the retirement, removal and appointment of Trustees?
Question 2:
(a) Discuss and illustrate out the regulations and supervision of offshore captive’s insurance companies.
(b) Illustrate out the disadvantages and benefits of offshore captive insurance companies.
Question 3:
(a) What are the possible problems and benefits associated with offshore ship registration compared with onshore ship registration?
(b) Illustrate out the role of various parties involved in offshore pension fund.
Question 4:
(a) Illustrate out the factors determining the location of an offshore bank.
(b) Illustrate out the benefits of providing and acquiring banking services from an offshore centre.