Regulation of Trust Company Business
Trust professionals in Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey and Jersey are required to operate within the confines of increasingly complex regulatory environments. Our lawyers can advise on contentious and non-contentious matters in relation to the laws and regulatory codes of conduct of these jurisdictions.
We provide up-to-date guidance and advice on all aspects of trust company regulation and compliance, including anti-money laundering (AML), regulatory processes, authorisation and registration, investigations and employment matters. We also deliver advice and due diligence services for fiduciary businesses that are embarking on merger or acquisition activities and we have a very strong track record in this area.
Where regulatory shortfalls are identified, we provide clear and practical advice on remediation programs to mitigate the risks to your business. We can manage the communications with the regulators and adjust policies and procedures with the aim of minimising the effects on staff and business, limiting the role of external consultants and containing costs.
News, briefings and articles
03 February 2023 | Article
Protectors in the Bermuda courts
30 January 2023 | News
Four Carey Olsen partners named 'Top Recommended Offshore Experts' in Spear's 500 2023
24 January 2023 | News
Carey Olsen adds new partner to Trusts and Private Wealth practice in Jersey
17 January 2023 | News
Eight Carey Olsen lawyers featured in Private Client Global Elite directory
16 January 2023 | News
Alexa Saunders appointed Head of Trusts and Private Wealth at Carey Olsen in Jersey
07 November 2022 | Article