Beneficial Ownership Transparency Act 2023: Impact on Private Wealth
Description
This webinar will examine the Cayman Islands Beneficial Ownership Transparency Act and its implications. Tailored for financial services professionals, our expert speaker will dissect the key provisions of the Act, analyse its impact on regulatory compliance, and provide insights into navigating beneficial ownership transparency requirements effectively. Join us to gain valuable insights into understanding and preparing for compliance with the Cayman Islands Beneficial Ownership Transparency Act.
Content
-
The scope of the regime is expanding – who will have to maintain beneficial ownership registers going forward?
-
Who will be a "beneficial owner" under the new regime?
-
What information will be contained on the register?
-
Who will have access to the information?
Presenter
Fraser Allister
Managing Associate at Bedell Cristin |
||
Fraser specialises in the creation of offshore wealth planning structures. He is qualified in BVI and the Cayman Islands. Prior to joining Bedell Cristin he worked for another offshore firm, based in the Cayman Islands, for five years. He advises trust companies, family offices, high net worth and ultra-high net worth individuals and families. He also works with onshore law firms and their clients in designing and operating wealth planning structures. Fraser's practice involves trusts (including STAR trusts and VISTA trusts), foundations, trust companies (including private trust companies), companies and other vehicles. He prepares complex and straightforward wills and he helps guide clients through the probate and administration of estates process in BVI and the Cayman Islands. He also advises on offshore regulations as they apply to international private clients, including anti-money laundering, beneficial ownership registers, CRS / FATCA and economic substance. |