On 1st July 2017, the Cayman Islands’ implementation of the beneficial ownership register comes into effect. The scheme is closely based on the UK PSC Register, although it has some important differences. Josh Lewison has extensive experience of the PSC Register, particularly in relation to how it affects trusts. He has now written a practice note providing guidance to trustees and their advisers on how the beneficial ownership register works and how it affects their disclosure obligations.
To read Josh’s practice note, please click here.