New UK Regulations on Russian Sanctions – Trusts Services

On 15 December 2022, the UK published the Russia (Sanctions) (EU Exit) (Amendment) (No. 17) Regulations 2022 (the “Regulations“) which amend the UK’s principal regulation imposing sanctions on Russia (the Russia (Sanctions) (EU Exit) Regulations 2019 (“Russia Regulations“)). This post just focuses on the impact of the amendments on trusts, however our colleagues in the … Read more

In the matter of the Arpettaz Settlement [2020] JRC 161

Should the trustee of an offshore trust involve itself in proceedings concerning the trust that take place onshore?  The received wisdom is that an offshore trustee should be slow to do so and it has long been the position of the Jersey Court that, on questions of validity of a Jersey trust, it is unlikely … Read more

Private Wealth & Charities Podcast EP9: Trust Companies Survey – Tax

In the ninth episode of our Private Wealth and Charities podcast series, Richard Norridge, and Nick Clayton discuss the results of our Trust Companies Survey. As our countdown of the most significant risks trust companies face continues, we explore the tax risks faced by the respondents to our survey. Read more