Comparison of Jurisdictions for Private Trust Companies

Posted 01/02/2012 • Under Legal Memoranda

This Memorandum has been prepared to guide those professional advisors with clients who may be considering the formation of a private trust company (a “PTC”) in Bermuda, the Cayman Islands or the British Virgin Islands (“BVI”). It deals in broad terms with the requirements of Bermuda, Cayman Islands and BVI laws for the establishment and operation of such entities and related legal issues. It is not intended to be exhaustive.