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Fiduciary Institute of Southern Africa
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Fiduciary Institute of Southern Africa : ウィキペディア英語版
Fiduciary Institute of Southern Africa

The Fiduciary Institute of Southern Africa (FISA) is a non-profit professional organisation. It represents fiduciary practitioners and sets high minimum standards for the industry .〔Personal Finance databank〕〔You magazine, 16 January 2014〕
==Formation and activities==
FISA was formed in 2008, when the Association of Trust Companies in South Africa (ATCSA), which was formed in 1932, was converted to a professional institute with individual membership. A new constitution was adopted to reflect the change of name and membership. Prior to the change, members were the main trust companies in South Africa on a corporate membership basis. After the change, members include employees of trust companies and individuals from the legal, accounting and financial planning professions.
FISA has approximately 700 individual members, who collectively manage assets in excess of R250 billion. They draft tens of thousand Wills each year and administer around 50 percent of deceased estates reported to the offices of the (Master of the High Court ) in South Africa.
Activities of FISA members include estate planning, the drafting of Wills], administration of trusts and estates, beneficiary funds, tax and financial advice and the management of client funds.
The organization is governed by a 12-person Council; the current Chairperson is Ronel Williams. Regional councilors represent the regions of Gauteng, Western Cape, Eastern Cape, KwaZulu Natal and Free State. The intention is to add other regional representation as membership grows. Thee are also seven special purpose committees comprising experts in the areas of trusts, estates, compliance, tax, education and training, and beneficiary funds.
FISA liaises with the Master's Office and the South African Revenue Service in order to participate in optimising legal and compliance processes. It engages with the South African Treasury on issues that affect the industry and the public.〔Mercury, 26 June 2013〕

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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