January 25, 2021

Cayman: Trust regulations take effect

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Two pieces of legislation to clarify Cayman’s regime for trusts are now in force, as the Private Trust Companies (Amendment) (No. 2) Regulations, 2019 and Trusts (Transparency) Regulations, 2019 were gazetted on Friday, 16 August. The Private Trust Companies (Amendment) (No. 2) Regulations, 2019 provides clearer definitions for terms given to persons involved in the administration of trusts while the Trusts […]