The Tribune

Higgs & Johnson was a luncheon sponsor of the 2014 Society of Trust and Estate Practitioners (STEP) Caribbean conference held in the Bahamas.

Under the theme, ‘Exploring the Possibilities’, the conference considered the factors that will support Caribbean international financial centres (IFCs) continuing to grow and leverage their respective strengths in a world where change is the norm.

The conference tackled numerous issues facing trust practitioners, including the changing face of the client; dealing with the complexities of running a trust business locally, regionally and globally; and the increasing impact of technology.

Nadia J. Fountain, a Higgs & Johnson partner, was a co-presenter with Tara Frater, senior associate at Lex Caribbean’s Barbados office. They presented on the topic ‘Trustees as Shareholders’.

Ms Fountain highlighted the standard of care, risks, limitations and due diligence requirements that are associated with this particular issue.

In her capacity as a Board member of STEP Bahamas, Ms Fountain added: “I was proud to be a part of the STEP Bahamas branch as we featured our jurisdiction at this year’s conference.

“Through events such as these, the Bahamas is able to showcase the importance of the financial services industry in this jurisdiction, and also highlight the depth of our expertise with a large number of local trust professionals participating and representing our world class talent pool.”

Chair of Higgs & Johnson’s private client and wealth management group, Dr Earl A. Cash attended along with senior associate Tom Mylott (Cayman Office) and associates Theo Burrows and Lisalette Gibson.