Third party applications invoking the Court's general powers over trusts and beneficiary anonymity
14 June 2019
In the recent decision of X Trustees Limited and Y Trust Company Limited & Beneficiary E , the Royal Court of Guernsey considered for the first time the question of who, other than the Attorney General, a trustee, settlor, or beneficiary, may apply to the Court to invoke the Court's general powers over trusts. It also considered beneficiary anonymity and the cost consequences of misconduct by departing trustees.
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Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.