STEP Journal: October 2015
The British Crown Dependencies, which are a regional focus for this issue, are well represented by contributions from all three islands covering the complex interplay between trusts and divorce (Jersey); CRS/AEOI (Guernsey); and the Isle of Man Trusts (Amendment) Act 2015.
On a separate note, taxation (FATCA and CRS) is partly responsible for the problems that STEP members encounter when dealing with financial institutions –especially when establishing new accounts for family trusts. George Hodgson, Deputy Chief Executive of STEP, considers these difficulties as a result of feedback from members.
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