233 results found

Offshore courts have considerable experience in giving directions to trustees faced with a joinder order issued by a foreign family court seeking to exercise its variation jurisdiction...

In 2016, hundreds of directors, managers, principal points of contact, compliance officers, administrators, and Money Laundering Reporting Officers serving Cayman Islands funds, banks, trust companies and other Reporting Financial Institutions will start to feel the full force of ‘a great wind': global tax transparency.

A recent decision of the Cayman Islands (‘Cayman') Grand Court (‘Court') considered how to balance the competing interests of a trust which partly owned an asset and a claimant looking to enforce judgment...

Japan is undergoing a historic shift from savings to investment, unlocking the world's largest pool of untapped household capital and driving record growth in asset management.

One of the attractive features of trusts law in the Cayman Islands is the jurisdiction's well known, and well used, "firewall" provisions. Up until now, certain of these provisions have been widely...

Many high-net-worth individuals and families use a private trust company (PTC) when looking to structure their family wealth.

The Cayman Islands is one of the leading international centres for the creation and administration of trust structures, and its continued development and growth is due to a number of important factors.

The Cayman Islands has established a new dedicated AML Supervisory Authority for its legal services sector — the Legal Services Supervisory Authority (LSSA). Responsibility for AML supervision of attorneys-at-law now rests with the Cayman Islands...

CIBC Bank and Trust Company (Cayman) Limited v T & S (unreported 16 July 2021) (CIBC v T & S), is the first decision of the Grand Court of the Cayman Islands...

Raw family wounds, generational rifts, and suspicions of wrong-doing are the bread and butter of trust disputes in the modern world. 

Currently, no, there are not public beneficial ownership registers in respect of trusts (at least in the British Virgin Islands ("BVI"), Cayman, Jersey, Guernsey or Bermuda)...

It is also a pastime that has become incredibly popular over the past few years with the industry now valued at over US$70 billion.

On 24 October 2016, the following two laws were passed as welcome enhancements to the existing leading trust law of the Cayman Islands.

The Cayman Islands' Privy Council in a consolidated decision of two unconnected Court of Appeal cases from Jersey and Guernsey, clarified the method of dealing with a trust which has insufficient assets to...

Where a trustee makes a mistake in the exercise of their powers, innocent beneficiaries should have relief from the consequences of that mistake.

As trusts and beneficiaries age, and families become increasingly mobile and dispersed, wealth succession and asset protection structures may need to be reviewed and restructured to ensure that they remain fit for purpose.

To say the very least, matrimonial disputes can be a trying and traumatic state of affairs for all involved

Ireland has introduced two parallel sets of regulations implementing new rules under the Sixth Anti-Money Laundering Directive (“AMLD6”): the European Union (Anti-Money Laundering: Beneficial Ownership of Trusts) (Amendment) Regulations 2026 (S.I. No. 335 of 2026) and the European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) (Amendment) Regulations 2026 (S.I. No. 406 of 2026) (together, the “Regulations”).