Mr. Assad Abdullatiff, Managing Director at Axis Fiduciary Ltd was one of the distinguished speakers at the STEP South Africa Virtual Conference. Counting years of experience in the financial services industry, Mr. Abdullatiff shed a comprehensive light on the implications of the regulated levels of transparency required in the modern financial services era. In his segment of the conference, “Trusts and Transparency: The new world order” Mr. Abdullatiff highlighted numerous factors that have redefined transparency within the financial services sector such as FATCA and CRS and how financial service providers have had to adapt to the shift from confidentiality to transparency.