Guernsey has introduced a law for Foundations, The Foundations (Guernsey) Law 2012, which has come into effect as of 7 January 2013.
Guernsey anticipates that the new Foundations law will create interest amongst wealthy individuals and family businesses in civil law jurisdictions which are not very familiar with Trusts, a common law vehicle.
Click here to read about the characteristics of a Foundation established in Guernsey in more detail.Back to News
Cyprus Self-Managed Alternative Investment Funds with Limited Number of Persons (AIFLNP) - Compliance Calendar Have you ever been in a situation where although you have the competency to perform a task you are unsure what the totality of the task might be? This situation can arise when numerous regulatory requirements are imposed on an organisation and further exacerbated by the almost exponential increase in the velocity of change of these requirements.Read more