Jersey's Trusts Law: Amendment No.7 is coming into force04 Jun 2018
The Government of Jersey has agreed a series of amendments to be made to the Trusts (Jersey) Law 1984. These are contained within the Trusts (Amendment No.7) (Jersey) Law 2018 which will be brought into force on 8 June 2018.
Whilst recognising the importance of preserving the flexibility and reputation of the Trusts Law, Amendment No.7 makes changes to provide clarity where appropriate and to introduce new provisions, allowing Jersey trusts to develop in a competitive and international market place.
The amendments are welcomed and support Jersey's position as one of the world's leading private wealth jurisdictions.