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ARTICLE · 01 AUGUST 2018

Dispute Judgments Mean That Guernsey's Trusts Sector Is A Winner

This emphasises one of the Island's key strengths – that Guernsey's trusts legislation and its well established court and its wealth of case law provide certainty and clarity for trustees.

GuernseyWealth Management

Three factors make the world of trusts jurisdictions more competitive than ever – the emergence of new jurisdictions in the market such as Singapore, Israel and New Zealand, the global trend of international regulation spanning borders slowly levelling the regulatory playing field, and the increasingly competitive attitude of legislatures and jurisdictions in updating relevant legislation and adopting the best ideas from competitors.

Against that backdrop, Guernsey's position as a leading jurisdiction is being supported by a number of significant recent court decisions that advance jurisprudence and that offer welcome clarity for trustees and related professionals, and by the recent trend of the Royal Court producing more written and publicly available decisions that has been the case in the past.

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