Lino But­tigieg Prize for 2016 awarded

Malta Independent - - BUSINESS -

The Lino But­tigieg Prize for 2016 was awarded to Clint Chet­cuti, who ob­tained the high­est score in the IFSP test held on 30 April 2016. Mr Chet­cuti man­aged to ob­tain an im­pres­sive 91.5% for his an­swers to the var­ied ques­tions posed in the pa­per.

Mr Chet­cuti, who grad­u­ated as a Bach­e­lor of Ac­coun­tancy with a First Class De­gree from the Univer­sity of Malta in 2006, has been a Manag­ing Di­rec­tor at Ami­corp Malta since 2015. He joined Ami­corp in 2010 af­ter work­ing at Price­Wa­ter­house­Coop­ers in Malta fol­low­ing his grad­u­a­tion in 2006.

The Lino But­tigieg Prize is awarded by the IFSP to the stu­dent who achieves the top grade in the IFSP Foun­da­tion Cer­tifi­cate in Trusts Law and Man­age­ment exam. The prize was started to hon­our the mem­ory of Lino But­tigieg, who as a mem­ber of the IFSP Coun­cil and chair of the IFSP’s ed­u­ca­tion sub­com­mit­tee, was in­stru­men­tal in first es­tab­lish­ing the course in 2003.

So far, the IFSP has pre­pared more than 850 peo­ple in the es­sen­tials of trusts, through a cer­tifi­cate course rec­og­nized and en­dorsed by the So­ci­ety of Trust and Es­tate Prac­ti­tion­ers, the lead­ing in­ter­na­tional pro­fes­sional or­ga­ni­za­tion in the field.

When the course was first of­fered in 2003, the Trusts and Trus­tees Act was about to be­come law, and with it trusts were to en­ter list of Mal­tese in­sti­tu­tions avail­able for use. Mr But­tigieg had the fore­sight to see that, in or­der to make use of the new law, prac­ti­tion­ers needed to be have some prepa­ra­tion. In fact, for a num­ber of years the IFSP course was the only prepa­ra­tion avail­able for prac­ti­tion­ers seek­ing to un­der­stand and use trusts.

The 14th Foun­da­tion Cer­tifi­cate in Trusts Law and Man­age­ment will be held over April and May. Reg­is­tra­tions will open in early De­cem­ber: any­one in­ter­ested should visit the IFSP web­site at www.ifsp.org.mt for fur­ther in­for­ma­tion.

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