ARTICLE
6 December 2019

Refining Cayman's Trusts Law

W
Walkers

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We are a leading international law and professional services firm providing legal, corporate and fiduciary services to global corporations, financial institutions, capital market participants and investment fund managers. With a global presence spanning the Americas, Europe, the Middle East and Asia, we advise on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey. With over sixty years of looking at the world through the same commercial lens as our clients means we deliver focused, clear, precise advice to get the deal done. Clients trust us to help them make good business decisions, create commercially sound products and strategies, resolve disputes and cement deals that are profitable. From offices across geographies, we deliver business-critical advice and service in the same time zones as our clients, covering asset management, investment funds, corporate, M&A, dispute resolution, finance, insurance, fintech, private capital and trusts, regulatory and more
Cayman has long been at the cutting-edge of developments in international trusts law, cementing its place as a market-leading international financial centre and jurisdiction of choice for ultra-high net worth families.
Cayman Islands Wealth Management
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Cayman has long been at the cutting-edge of developments in international trusts law, cementing its place as a market-leading international financial centre ("IFC") and jurisdiction of choice for ultra-high net worth families.

The latest amendments to its Trusts Law (the "Law"), introduced by the Trusts (Amendment) Law, 2019 (the "Amendment") which came into force on 14 June 2019, are no exception. Designed to enhance the supervisory jurisdiction of the court in the administration of trusts, the Amendment brought with it clarity, flexibility and pragmatic refinements.

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Originally published in Trust Cayman Magazine 2019-2020

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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