The COVID-19 pandemic has created unprecedented social problems. Now, more than ever, there is an urgent need for public private partnerships to step up and meet the needs of the most vulnerable members of society. In Asia, the concept of giving is in no way foreign, however its structure might be less institutionalised, with philanthropy being centered on family inclinations as well as local needs.
The aim of this webinar is to throw the spotlight on the need for a more structured and institutionalised “culture of giving” in Asia, as well as examine the solutions which are available globally that may help to ensure sustainability and transparency in Asian philanthropy.
Come join us at this webinar where we will share our research findings from a report jointly issued by the Singapore Management University entitled “Philanthropic Structuring: An Asian Context” and discuss the way forward towards cultivating a sustainable, structured and institutionalised Asian culture of giving.
CO-ORGANISED BY
PROGRAMME
4.00pm
Introductory Remarks
Farah Jaafar-Crossby
Chief Executive Officer, Labuan IBFC Inc.
4.05pm
Philanthropic Structuring: An Asian Context
Asian philanthropy has tremendous potential for growth, in view of the expanding population of its ultra-rich as well as their capacity to give. Based on key research findings, an overview will be presented on challenges and potential opportunities for a more structured approach to charitable giving in Asia.
Professor Tang Hang Wu
Director, Centre for Cross-Border Commercial Law in Asia, School of Law, Singapore Management University
4.20pm
Panel Discussion: Asia Gives Back
A Pathway Towards Strategised, Impactful and Sustainable Philanthropy
Join the panel to discuss the changing socio-economic landscape in Asia brought about by the incredible growth in Asian wealth and how this growth can be structured in a sustainable manner for generations to come.
Moderator
Farah Jaafar-Crossby
Chief Executive Officer, Labuan IBFC Inc.
Panellists
Professor Tang Hang Wu
Director, Centre for Cross-Border Commercial Law in Asia, School of Law, Singapore Management University
Chan Ee Lin
Director, Tax & Legal, Family Enterprise Consulting, Deloitte
Professor Chao Xi
Professor and Vice Chancellor’s Outstanding Fellow, Faculty of Law, The Chinese University of Hong Kong
5.00pm
Q&A
Farah Jaafar-Crossby
Professor Tang Hang Wu
Chan Ee Lin
Professor Chao Xi
5.10pm
End
SPEAKERS
Farah Jaafar-Crossby
Chief Executive Officer
Labuan IBFC Incorporated Sdn Bhd
Farah Jaafar-Crossby is the Chief Executive Officer of Labuan IBFC Incorporated Sdn Bhd (LIBFC Inc.), the official promotion and marketing agency for Labuan International Business and Financial Centre (Labuan IBFC) since January 2018.
She assumed this role after more than three years as the Director of Market Intelligence and Strategic Communications, in LIBFC Inc. Farah, a seasoned communications professional, brings with her more than 20 years of experience in capital markets and the wholesale financial services sector, putting her in good stead to promote Labuan IBFC as the preferred midshore jurisdiction in Asia Pacific.
Farah was formerly attached to the Asian Institute of Finance and Bursa Malaysia, where she was involved in senior market development and strategic communications roles. She also managed the Association of Stock Broking Companies Malaysia, the industry lobby group representing Malaysian stockbrokers, allowing her a unique insight and hands on experience with issues surrounding multiple stakeholder management. Farah has a LLB (Hons) from Sheffield University, United Kingdom.
Professor Tang Hang Wu
SMU School of Law
Tang Hang Wu is a Professor and Director of the Centre for Cross-Border Commercial Law in Asia at the School of Law, Singapore Management University. Hang Wu is also a consultant at TSMP Law Corporation where he co-heads the Trusts and Private Wealth desk. His research interests include land law, restitution, equity, trusts, charity and non-profit law. Hang Wu has published widely and his work has been relied on by all levels of the Singapore courts, Federal Court of Malaysia and other Commonwealth countries. He is frequently instructed by other law firms to act as Counsel before the Singapore courts and has advised high net worth individuals, banks, trustees, the U.S Department of Justice and international law firms on complex property and trust issues. Outside his work in academia and practice, he serves on boards and committees of multiple non-profit organisations which includes the Strata Titles Board, Special Needs Trust Company and Community Foundation of Singapore. For his service, he has been presented with awards from the Law Society of Singapore, Ministry of Law, Ministry of National Development and Ministry of Social & Family Affairs. Hang Wu was educated in Petaling Jaya, Singapore and Cambridge.
Chan Ee Lin
Director
Deloitte Private | Family Enterprise Consulting
Ee Lin provides highly customised family business governance and succession planning advice to enterprise owning families in Asia Pacific. She has over 2 decades of experience in C suite and regional positions with leading private banks as an internationally recognised trust & wealth planner and family business governance advisor to high net worth families in Asia Pacific & Middle East. A fully qualified lawyer admitted to the Singapore Bar and a trained mediator at the Singapore Mediation Centre, she holds adjunct professorships at the Nanyang Technological University (NTU) and Singapore Management University (SMU) where she lectures at executive education and Masters programs, Business Families Institute and STEP Masterclass in Family Business Advising. Winner of the SMU Dean’s Teaching Honour List Top Adjunct Faculty award in 2019, Ee Lin is also a frequent speaker at industry events in the region.
Prior to joining Deloitte, Ee Lin held roles such as Co Founder of a family office services provider with an international law firm, Regional Head of Wealth Planning at Coutts private bank, CEO of Clariden Trust Company (Singapore), Global Chief of Staff & Asia Pacific Head of International Estate Planning at ABN AMRO Private Banking, and Assistant Director at the Monetary Authority of Singapore.
Ee Lin holds three degrees at Magna Cum Laude level: BA Economics (Stanford University); MBA in International Wealth Management (Carnegie Mellon University) and Doctor of Jurisprudence (SMU). She has been featured in the Citywealth Leader’s List 2019 and 2020, and CityWealth PowerWomen International Financial Centre Top 200 global list since 2014. She has lived and worked in Geneva, Hong Kong, Jersey, Luxembourg, Malaysia and Singapore.
Professor Chao Xi
Chinese University of Hong Kong
Chao Xi is Professor and Outstanding Fellow of the Faculty of Law, The Chinese University of Hong Kong, He is concurrently Associate Dean (Research) and Head of the Graduate Division of Law of the Law Faculty. Professor Xi specializes in comparative corporate law, securities regulation, and financial regulation, with a particular focus on the case of China. He has published extensively in leading peer-reviewed international journals. His research has received significant funding support from the Hong Kong SAR Government Research Grants Council, the PRC Ministry of Education, and the Government of India, the Sumitomo Foundation. Professor Xi is a Member of the Chartered Institute of Arbitrators (CIArb), UK. He has regularly been engaged by law firms, multinationals, and government departments and agencies as an expert. He has also been involved extensively in the executive training of bank executives, corporate executives, government officials, financial regulators, as well as members of the legal profession and the judiciary.
