Private Trust Companies In Guernsey

The new Guernsey Trusts Law makes several amendments to the Island's fiduciary environment, with not only the introduction of Purpose Trusts but also the abolition of the personal liability of directors in Private Trust Companies (PTCs) as a way of encouraging greater use of such entities.

These legislative developments are further to Guernsey's 50-year experience in providing trust and corporate services, which has cultivated a wealth of expertise and first class infrastructure in the field. The Island plays host to some 140 licensed fiduciaries, ranging from international organisations to independent operations, holding more than £200bn assets in trust. The industry's highly skilled workforce is complemented by a network of sophisticated legal, accounting, tax and actuarial advisers, making the Island an ideal home for PTCs.