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The key to looking at trusts from a compliance and risk perspective is to identify the areas of trust establishment, administration and management where possible issues may arise and then implement suitable strategies to help ensure compliance and manage risk.
This approach includes drafting documents tailored specifically to a client’s circumstances but future-proofing those documents to allow for the reasonably unexpected – as there is no way to know all possible policy and law changes yet to eventuate, or all of the approaches a regulator or supervisor may take in enforcing compliance with the law.![]() |
Sarah Parsons Solicitor Wellington |