On 22 May 2023, the Malta Financial Services Authority (the "MFSA") published a Consultation Document on the proposed legislative amendments related to the promulgation of the new framework...

Trustees can all too easily find themselves caught up in litigation in another jurisdiction given the increasingly international nature of offshore trusts.

In 2008 there were many developments—legislative, regulatory, case law and economic—that affect estate planning and related areas on the national, local and international levels.

Sir Winston Churchill, with inimitable wit, contended that, ‘for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle'.

On 1 April 2024, new requirements for US bank deposit insurance coverage for trust accounts took effect. These requirements apply to insured depository institutions...

At a time in which the Foreign Account Tax Compliance ("FATCA") provisions of the "Hiring Incentives to Restore Employment Act of 2010" ('HIRE Act") have been coming under increasing criticism within the EU and Asia due to concerns that these provisions will result in significantly increased compliance costs for financial institutions, the IRS has released further guidance in the form of Notice 2011-34 (the "Notice").

Most importantly, the law, not you, will determine distribution of your estate, which in most cases will not reflect your intentions and desires.

When most settlors establish a trust they use a professional trust company as the trustee.

Indian family wealth is undergoing a structural transition. The traditional succession model: where assets moved informally within the family under the moral authority of a patriarch or matriarch is no longer sufficient for many business families, promoter groups and high-net-worth families.

On April 7, the Federal Communications Commission (FCC or Commission) released a tentative agenda for its next Open Meeting, which is scheduled to take place on Monday, April 28 at 10:30 a.m. ET.

Most importantly, the law, not you, will determine distribution of your estate, which in most cases will not reflect your intentions and desires.

Malta continues to be one of the EU’s most attractive jurisdictions for corporate structuring, wealth planning, and asset protection.

On June 26, 2017, the German Prevention of Money Laundering Act (the "Act") implementing the 4th EU Money Laundering Directive (Directive (EU) 2015/849 of May 20, 2015, the "Directive") came into effect.

With effect from the 1st December, 2015, the Malta Financial Services Authority – the single regulator for the financial services industry in Malta since 2002 - has published a revised version of the Personal Questionnaire Form.

Frank Chetcuti Dimech and Frank Caruana of CDF Advocates explain the investment regime in Malta, a jurisdiction where registered funds are on the increase.

Private Trust Companies (PTCs) offer families and high-net-worth individuals a tailored solution for trust administration.

This newsletter includes links to recent documents relating to superannuation, funds management & financial services.

The House of Lords, in Inland Revenue Commissioners v. Westminster (Duke) established the following fundamental principle of tax law: