Legal Blog

Wednesday, July 23, 2014

Central Bank released Policy Memorandum Segregated Trust Company

On 1 January 2012 as far as Curaçao is concerned and 1 April 2014 as far as Sint Maarten is concerned, new legislation entered into force according to which it is possible to set up a trust (a Curaçao Trust or a Sint Maarten Trust) similar to the trust in Anglo-Saxon common law jurisdictions. Such a Trust can be used for different purposes, including a Segregated Trust Company (a.k.a. protected cell company).

Read more Filed under: Finance by Maike Bergervoet.