Private Trust Companies

A private trust company ("PTC") is a privately owned incorporated Jersey or non-Jersey company that operates as a trust company. It does not, however, offer public trustee services but instead acts as the appointed trustee of a specific trust or a related group of trusts - usually for a particular family, for specific philanthropic objectives or for a common settlor.

Jersey law requires any person who carries on trust company business in or from within the Island, or any Jersey registered company that carries on that business anywhere in the world, to apply to the Jersey Financial Services Commission ("JFSC") to be registered to do so, unless such person is able to rely upon one of the available exemptions.