Lino But­tigieg Prize for 2017 awarded

The Malta Business Weekly - - FRONT PAGE -

Mari­estell Dalli has won the Lino But­tigieg Prize for 2017. Ms Dalli ob­tained the high­est score in the IFSP Foun­da­tion Cer­tifi­cate in Trusts Law and Man­age­ment ex­am­i­na­tion held on 1 July. She ob­tained an im­pres­sive 87.5% for her an­swers to the var­ied ques­tions, cov­er­ing a broad range of is­sues re­lated to the prac­tice as well as the the­ory be­hind trusts that are posed in the pa­per. Ms Dalli re­ceived a copy of the book The In­ter­na­tional Trust, edited by Jus­tice David Hay­ton.

Ms Dalli, who grad­u­ated with Bach­e­lor of Ac­coun­tancy de­gree from the Univer­sity of Malta in 2006, has been a man­ager with Al­ter Do­mus since June 2017, just weeks be­fore sit­ting the ex­am­i­na­tion. She had joined Al­ter Do­mus in 2016 af­ter a pe­riod at the Min­istry of Fi­nance fol­low­ing five years at Price­Wa­ter­house­Coop­ers af­ter her 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 IFSP Coun­cil set up the Prize 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 900 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 15th Foun­da­tion Cer­tifi­cate in Trusts Law and Man­age­ment course will start to­wards the end of the first quar­ter of 2018. Reg­is­tra­tions will open in early De­cem­ber: any­one in­ter­ested should visit the IFSP web­site at for fur­ther in­for­ma­tion.

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