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
The holding company of many corporate groups trading in Asia is frequently incorporated in an offshore financial centre such as the British Virgin Islands (“BVI”). It is therefore common for high-net-worth individuals...more