The Cayman Islands is in the process of implementing fundamental changes to its beneficial ownership regime. Most significantly, these include the removal of exemptions applicable under the previous regime, as well as more...more
Many high-net-worth individuals and families use a private trust company (PTC) when looking to structure their family wealth. Given that settlors of trusts are sometimes reluctant to relinquish control over the assets...more
11/9/2023
/ Board of Directors ,
Cayman Islands ,
CIMA ,
Companies Act ,
Corporate Management ,
Corporate Structures ,
Philanthropy ,
Private Foundations ,
Private Trust Companies ,
Regulatory Requirements ,
Shareholders ,
Trustees ,
Trusts ,
Wealth Management
Cayman Foundation Companies are booming in popularity. Statistics from the Register of Companies have shown a significant uptick in registrations in recent months.
2021 saw 281 per cent year-on-year growth in the...more