Cayman to introduce changes to its trust law this year

Pedro Gonçalves
clock • 2 min read

The Cayman government is planning to amend the Trusts Law and related regulations this year, Minister for Financial Services Tara Rivers announced. Cayman's appeal for private client professionals is the long-standing strength of the financial services industry and the ability to attract business-based, robust commercial legislation and adherence to global regulatory standards, she said at the annual event of the local chapter of the Society of Trust and Estate Practitioners.  Last year, government passed a bill that provided the industry with greater certainty and clarity with regard...

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