• News & Events

    Learn more about developments at Trident Trust and the jurisdictions in which we operate.

Search our archive to find information on the jurisdictions in which we operate and the services that we provide.

Cyprus UBO Register for Express Trusts & Similar Legal Arrangements - September 2021

On 18 June 2021, the Cyprus Securities and Exchange Commission (CySEC), pursuant to Article 61C of the Prevention a…

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New Indian Route for Investments by Cyprus Funds - June 2021

On 14 June, India's Ministry of Finance issued an order stating that the Republic of Cyprus is now classified as a…

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New Cyprus / Netherlands Double Taxation Treaty - June 2021

On 1 June 2021 the Government of the Republic of Cyprus and The Kingdom of The Netherlands signed the first-of-its-…

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BVI Trustee (Amendment) Act 2021 - June 2021

The BVI has recently introduced amendments to the Trustee Act, Cap 303, to modernise and strengthen its trust law r…

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Amendments to the Cyprus Permanent Residency Programme - May 2021

The Cyprus Government has recently announced a number of improvements to its existing Permanent Residency Programme…

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New Beneficial Ownership Requirements for Seychelles Entities - April 2021

The deadline for complying with the Seychelles Beneficial Ownership Act and Regulations, including populating the n…

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Cyprus Introduces Registers of Beneficial Owners - April 2021

The Prevention and Suppression of Money Laundering Activities Laws of 2017-2021 provided for the establishment of a…

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Getting ready for DAC6 in Cyprus - March 2021

The first reporting deadlines in Cyprus for DAC6, the latest EU initiative in the field of tax transparency, are ap…

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Join Us for Our EU Funds Webinar Series - November 2020

You are invited to join us for three informative alternative investment funds webinars, hosted in conjunction with…

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Termination of Cayman Vehicles - November 2020

If your Cayman vehicle is nearing the end of its term or purpose, now is the time to consider your options in order…

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Updated Cyprus/Russia Double Tax Treaty - September 2020

On 8 September 2020, Cyprus and Russia signed the protocol for the amendment of the Treaty for Avoidance of Double…

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Cyprus Investment Programme Update - August 2020

On 18 August 2020, a number of amendments to the Cyprus Citizenship by Investment Programme were published. The cha…

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Cayman Islands Economic Substance Update - August 2020

The Cayman Islands Tax Information Authority has issued updated Guidance Notes in relation to the jurisdiction’s ec…

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DAC6 – Extension of Cyprus Reporting Deadlines - August 2020

On 27 July 2020, the Cypriot Tax Authorities officially announced the adoption of a six-month deferral of the DAC6…

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Cyprus – Switzerland Double Taxation Treaty Amendment - August 2020

On 20 July 2020 Switzerland and Cyprus signed in Cyprus’s capital Nicosia a protocol amending the already existing…

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Singapore’s New Central Non-Public Register of Controllers for Companies - July 2020

Since 31 March 2017, Singapore entities have had to maintain at their Registered Office a register of registrable c…

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Mutual Funds (Foreign Funds) Regulations, 2019 in the BVI - June 2020

The Mutual Funds (Foreign Funds) Regulations, 2019 (the “Regulations”) is one of the many new pieces of fund legisl…

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DAC6 – Mandatory Disclosure Rules in Cyprus - May 2020

On 25 May 2018, the Economic and Financial Affairs Council formally adopted the council directive amending Directiv…

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Are You Considering Changing Your BVI Registered Agent? - May 2020

Our BVI office has been fully operational through the challenges caused by COVID-19, with our 90 staff working remo…

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Panama Introduces Beneficial Ownership Register - May 2020

Following our initial update in February 2020, we can now confirm that Panama has launched a private register of be…

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BVI AEOI Reporting Deadlines Extended - May 2020

On 20 April 2020, the BVI International Tax Authority (ITA) extended the 2020 deadlines in the BVI for the Foreign…

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Legislative Update on the BVI Mutual Funds (Amendment) Regulations, 2019 - April 2020

The Mutual Funds (Amendment) Regulations, 2019 (the “Regulations”) came into force on 31 December 2019. Many change…

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Economic Substance Filing Process in the Bahamas - April 2020

The Commercial Entities (Substance Requirements) Act, 2018 (CESRA or the “Act”) entered into force in the Bahamas o…

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Increase In BVI Disbursements Rates - April 2020

The BVI Government has recently passed amendments to the Statutory Rates, Fees and Charges Act, 2005 and the Income…

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Cayman Islands Beneficial Ownership Regime Changes - April 2020

On 1 July 2017 the Cayman Islands beneficial ownership regime (“BO Regime”) came into force, requiring Cayman Islan…

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COVID-19: Assistance for Cyprus Companies - April 2020

The Cyprus government has announced a number of relief measures for Cyprus companies to mitigate the impact of COVI…

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Legislative Update on the BVI’s Securities and Investment Business (Amendment) Act 2019 (SIBA) - March 2020

The Securities and Investment Business (Amendment) Act 2019 (SIBA) introduced a new regulatory regime for closed-en…

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BVI Economic Substance Rules Update - March 2020

The BVI International Tax Authority (ITA) published a revised version of the Economic Substance Rules (the “Rules”)…

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Update on Tax Treatment of Nevis Corporations & Limited Liability Companies - March 2020

Morning Star Holdings Limited (a wholly owned sub-brand of the Trident Trust Group) has received a communication fr…

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New Laws for Cayman Islands Private Funds and Previously Exempt Mutual Funds - February 2020

The Private Funds Law, 2020 and the Mutual Funds (Amendment) Law, 2020 came into force in the Cayman Islands on 7 F…

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Panama to Introduce Beneficial Ownership Register - February 2020

Panama will launch a private register of beneficial owners of Panamanian entities, following the approval by the Pa…

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Updates to Cyprus/Ukraine Double Tax Treaty - December 2019

On 30 October 2019, the Ukrainian Parliament ratified a protocol to make certain amendments to the existing Double…

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BVI's Economic Substance Rules Now Finalised - November 2019

The BVI’s Economic Substance Rules, which govern the practical application of the Economic Substance (Companies and…

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Expanded Asia Fund Services Capabilities - November 2019

We have significantly expanded our fund services capabilities in Asia with additions to our team in both Hong Kong…

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A Further Important Update to Cayman Islands Companies Law - October 2019

Following our recent update in September, the amendments to the laws which require the Registrar to make informatio…

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Important Updates to Cayman Islands Companies Law - September 2019

A number of amendment laws have been passed by the Cayman Islands Government to strengthen Cayman's anti-money laun…

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Beneficial Ownership Reporting Requirements in the Bahamas - August 2019

The Register of Beneficial Ownership Act, 2018 (the “Act”) was entered into force in the Commonwealth of The Bahama…

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Expanded Hong Kong Listed Company Secretarial Services - August 2019

We have enhanced the range of company secretarial services we provide to businesses listed or intending to list on…

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New Economic Substance Legislation in Barbados - August 2019

In common with numerous other jurisdictions worldwide, this year Barbados will introduce new economic substance req…

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Enhancements to Cayman Islands Trust Regime - July 2019

The Cayman Islands recently introduced a number of enhancements to its internationally respected trust regime, thro…

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Cyprus – Kazakhstan Double Taxation Treaty - July 2019

On 15 May 2019, the governments of the Republic of Cyprus and the Republic of Kazakhstan signed for the first time…

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Economic Substance Requirements in Guernsey, Jersey and the Isle of Man - July 2019

Following our brief update in December 2018 on economic substance legislation in the Crown Dependencies of Guernsey…

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BVI BOSS Act Amendments & Economic Substance Filings - July 2019

The Beneficial Ownership Secure Systems Act, 2017 (BOSS Act) created the updated beneficial ownership data collecti…

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FATCA, CRS and Country by Country Reporting - July 2019

Updated Guidance for British Virgin Islands Financial Institutions and Constituent Entities

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Economic Substance Requirements in the Cayman Islands - June 2019

Following on from our initial briefing in May about new economic substance requirements for Cayman Islands entities…

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New Economic Substance Legislation in the Bahamas - June 2019

The Commercial Entities (Substance Requirements) Act, 2018 (“CESRA” or the “Act”), has entered into force in the Ba…

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BVI Draft Economic Substance Code - May 2019

Following our initial update from January this year, the BVI International Tax Authority (ITA) has released a draft…

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Taking the Long View - May 2019

Sean Coughlan, Managing Director of Trident Trust in Singapore, and Markus Grossmann, our Regional Managing Directo…

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Cayman Funds Magazine Annual Roundtable Discussion - May 2019

Gwen McLaughlin, Director of Trident Trust in Cayman, was a key member of this year’s Cayman Funds Magazine annual…

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Meet Our Team at the Guernsey Funds Forum - May 2019

Trident Trust is delighted to be sponsoring the Guernsey Funds Forum again, taking place in London on 16 May. The F…

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Governance in Emerging Market Private Capital - May 2019

We are very pleased to be supporting again IFC’s Annual Global Private Equity Conference in association with EMPEA.…

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New Economic Substance Requirements in the Cayman Islands - May 2019

In common with numerous other international financial centres, the Cayman Islands has passed legislation to introdu…

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Luxembourg Beneficial Ownership Registry Update - April 2019

Following our briefing memo in February, which provided an overview of the creation of a register of beneficial own…

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Malta Yacht Leasing Update - April 2019

Malta recently overhauled its long-established yacht leasing framework, which offers lessees of pleasure yachts the…

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Luxembourg Passes New Law Establishing Register of Beneficial Owners - February 2019

The Luxembourg Government has enacted legislation that requires all entities registered with the Luxembourg Trade a…

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Luxembourg Regulator Issues "No-Deal" Brexit Advice for Fund Managers - February 2019

Luxembourg's financial regulator, the CSSF, recently issued advice to managers of Luxembourg funds, providing some…

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New Economic Substance Requirements in the BVI - January 2019

On 28 December 2018, the BVI Government passed the Economic Substance (Companies and Limited Partnerships) Act, 201…

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Cyprus Film Industry Incentive Scheme - January 2019

In September 2017, the Cyprus Council of Ministers approved a scheme for the promotion of the Republic of Cyprus as…

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Barbados Revises Corporate Tax Regime and Abolishes IBCs and ISRLs - December 2018

Barbados has committed to complying with the Organization of Economic Cooperation and Development’s (OECD) framewor…

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Changes to the BVI Mutual Legal Assistance (Tax Matters) Act, 2003 - December 2018

The BVI Mutual Legal Assistance (Tax Matters) Act, 2003 (the “Act”) was further amended in October 2018, creating c…

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Cyprus Innovation Hub - November 2018

The Cyprus Securities and Exchange Commission (“CySEC”) has announced that it is now inviting applications from Fin…

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Brexit Breakfast: Solutions for Asset Managers and MiFID Firms - 6 December 2018

Hear the views of industry experts from Amagis Capital, Camilleri Preziosi, Gianni Origoni Grippo Cappelli & Partne…

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Updated Regulations for JAFZA Offshore Companies - November 2018

The Jebel Ali Free Zone Authority (JAFZA) recently published new Regulations for Jebel Ali Offshore Companies, whic…

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Getting to Grips with Crypto - November 2018

On 15 November we will be hosting in conjunction with EY a briefing in Malta on the latest developments in the fast…

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BVI Passes New Limited Partnership Act, 2017 - September 2018

The BVI has modernised its partnerships regime with the enactment of a new Limited Partnership Act, 2017 (the “LP A…

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Hong Kong Funds Masterclass - September 2018

We are very pleased to be hosting with We Are Guernsey an exclusive round table briefing in Hong Kong on investing…

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Changes to the Mauritius Global Business Companies Regime - August 2018

Mauritius has introduced a number of changes to its Global Business Companies regime through the Finance (Miscellan…

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New Cyprus – UK Double Taxation Agreement - June 2018

On 22 March 2018, the governments of Cyprus and the United Kingdom signed a new Double Taxation Agreement (new DTA)…

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Valuation Practices for Fund Managers Investing in Emerging Markets - June 2018

Join us in London for a breakfast roundtable discussion on 20 June where experts from Duff & Phelps and Trident Tr…

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New Fund Services in Dubai - May 2018

We are pleased to announce the addition of Dubai to the global list of locations from which we can provide fund adm…

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Meet Our Team at Table Talks in New York - May 2018

On 2 May, Thalius Hecksher, our global director of fund services, will be one of the industry leaders co-hosting a…

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Luxembourg Launches New IP Regime - April 2018

Luxembourg has introduced a new Intellectual Property (IP) regime which is compliant with Action 5 of the Base Eros…

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Meet Our Teams at the Crypto Currency Forum & CTA Expo in New York - April 2018

On April 18 and 19 New York will host two leading alternative investment fund conferences, the Crypto Currency Foru…

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Complying with the 2017 Cayman Islands Anti-Money Laundering Regulations - February 2018

On 2 October 2017 the Cayman Islands updated its Anti-Money Laundering Regulations in response to developments in i…

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New Requirement for Register of Significant Controllers for Hong Kong Companies - February 2018

A new regime requiring Hong Kong companies to obtain and maintain up-to-date beneficial ownership information throu…

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LEI Applications Deadline Approaching - December 2017

Increasing numbers of legal entities are required to obtain and renew annually a Legal Entity Identifier (LEI) - a…

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Marcum Alternative Investment Manager Forum - October 2017

If you are attending the Marcum Alternative Investment Manager Forum in New York on 1 November, look out for our te…

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BVI Office Reopens - October 2017

We are pleased to advise that our BVI office has reopened following the aftermath of Hurricanes Irma and Maria. Pl…

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Luxembourg Comes to New York with the ALFI Roadshow - October 2017

Our Luxembourg team will be in New York next week as part of the ALFI US roadshow. If you are in New York and are i…

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Meet Our Team at the Global Fund Forum 2017 - October 2017

Trident Trust is proud to sponsor the Global Fund Forum 2017, taking place at the Fairmont Southampton in Bermuda f…

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Malta - The EU Option for the Fund Management Industry - October 2017

Join us in London on Monday 16 October, for an exclusive briefing on the benefits of setting up in Malta, the curre…

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New York Hosts LAVCA Week & The Private Equity Africa Fundraising Forum - September 2017

New York is hosting two key events for the international private equity community active in emerging markets: the L…

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Russian “Deoffshorisation” Law – Action Required Now - September 2017

Major changes to the Russian tax code that have significant impact on Russian tax residents with an ownership inter…

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Hurricane Irma Update - September 2017

We are pleased to confirm that all personnel in our BVI office are accounted for and safe, although many suffered s…

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Meet Our Teams at the ACG Deal Crawl & CTA Expo - September 2017

As the run-in to the end of 2017 begins, look out for our teams at two of the major US private equity and hedge fun…

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Cyprus Start-Up Visa Scheme for Third Country Nationals - August 2017

The Cyprus Government this year approved a Start-Up Visa Scheme (“the Scheme”) aimed at attracting foreign investme…

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Cyprus Tax Residency In 60 Days - August 2017

In July 2017, the Cyprus House of Representatives revised the Cyprus Income Tax Law for the purposes of determining…

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The Cayman Islands Beneficial Ownership Regime - July 2017

The Cayman Islands has introduced new legislation and regulations which require all Cayman companies (including Cay…

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BVI Passes Legislation to Create New Private Government Search System on Beneficial Ownership - June 2017

The BVI Government has passed new legislation that requires Registered Agents for BVI entities to make certain info…

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Meet Our Team At GAIM in London - June 2017

Trident Trust is proud to sponsor GAIM 2017. Taking place at the Hilton Syon Park in London from 5 – 7 June, GAIM i…

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Structuring in the UAE: An Alternative Solution - June 2017

UAE structures are being used increasingly frequently by international businesses, high net worth families and thei…

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Private Equity Africa Awards and LP-GP Investor Summit - May 2017

On 1 June, leaders in African private equity will gather in London for the annual Private Equity Africa Awards and…

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Hong Kong AML and CTF Regulations - May 2017

At the beginning of this year, the Hong Kong Government published a consultation paper on its legislative proposals…

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High Growth Opportunities in Brazil - May 2017

Join key members of our fund services team and peers from the funds industry for a panel discussion on "High Growth…

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Annual Global Private Equity Conference, Washington, D.C. - May 2017

The IFC's Annual Global Private Equity Conference in association with EMPEA is emerging markets private equity’s fl…

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FinanceMalta 10th Annual Conference - May 2017

We are pleased to sponsor FinanceMalta's 10th Annual Conference, taking place in Malta on 17-18 May. Over the two…

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New Zealand Foreign Trust Disclosure Regime - May 2017

New Zealand's new Foreign Trust Disclosure Regime affects all New Zealand foreign trusts with New Zealand trustees.…

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Join Us At The Guernsey Funds Forum - May 2017

We are pleased to sponsor the Guernsey Funds Forum, taking place in London on 11 May. Attended by approximately 500…

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New AIFMD Depositary Services - May 2017

Trident Trust has received authorisation from the Luxembourg Ministry of Finance to act as a depositary to private…

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BVI Business Companies – New Fees - May 2017

The Government of the BVI has passed legislation which amends the fees applicable to BVI Business Companies, includ…

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Changes To Singapore’s Companies Act - April 2017

On 10 March 2017, the Companies (Amendment) Bill was passed by Singapore’s Parliament. The changes aim to reduce co…

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CTA Expo / Emerging Manager Forum April 2017

Join key members of our fund services team at the CTA Expo and Emerging Manager Forum in New York on April 27. The…

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New Zealand LTC Update - March 2017

The Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Bill has been passed by New Z…

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New Annual U.S. Tax Reporting Required for Foreign-Owned U.S. LLCs and Other Entities - December 2016

On December 13, 2016, the U.S. Treasury Department and Internal Revenue Service issued regulations requiring that f…

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Updated Bahamas Record-Keeping Requirements - December 2016

The record-keeping rules for Bahamas International Business Companies (IBCs) have been updated. The new rules, whic…

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New Requirements for Panama Entities - November 2016

Panama is introducing new rules for Juridical Persons through Law No. 52 of 27 October 2016 published in Official G…

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Improved Scheme for Granting Cypriot Citizenship to Investors - November 2016

On 13 September 2016 the Government of Cyprus announced further improvements to its citizenship scheme for internat…

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New Zealand Foreign Trust Disclosure Regime - November 2016

In April 2016 the New Zealand Government convened an independent enquiry into the use of New Zealand Foreign Trusts…

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Seychelles Introduces New IBC Act - October 2016

In August 2016 the Seychelles enacted a new International Business Companies (IBC) Act to replace the IBC Act of 19…

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Senior Appointment to Asia Management Team - August 2016

We are pleased to announce the appointment of Sean Coughlan as Managing Director, Singapore, to support the continu…

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Enhanced China Capabilities in Hong Kong - August 2016

We are pleased to announce the appointment of Victor Ho as Executive Director, Head of Business Development in Hong…

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Luxembourg Launches RAIF - August 2016

Luxembourg’s Reserved Alternative Investment Fund (RAIF), introduced in July 2016, is an investment vehicle that of…

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Spotlight on South Dakota - July 2016

Private Wealth magazine’s summer edition carries a special feature on South Dakota and its trust law regime which c…

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Cyprus and India Agree New DTA - July 2016

On 29 June 2016 Cyprus and India completed negotiations for a new Double Taxation Agreement (“DTA”) between the two…

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Private Equity Africa LP-GP Investor Summit and Awards - June 2016

Trident Trust is proud to sponsor the Private Equity Africa LP-GP Investor Summit and Awards, taking place at the L…

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New South Florida and LatAm Funds Desk in Miami - June 2016

Trident Trust has expanded its U.S. presence with the launch of a South Florida and LatAm funds desk in Miami, foll…

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FundForum International - June 2016

Trident Trust is proud to be a sponsor of the FundForum International, taking place at the InterContinental Hotel i…

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South Dakota’s 2016 Trust Law Changes - June 2016

South Dakota is the only state in the U.S. that has a standing Trust Law Task Force whose mandate is to ensure that…

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Trident Trust Celebrates 10 Years in Panama - May 2016

In May 2006, Trident Trust opened its office in Panama to serve international professional clients requiring corpor…

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Complying With the New UK Register of Persons with Significant Control - March 2016

The Small Business, Enterprise and Employment Act 2015 received Royal Assent in the United Kingdom in March 2015, i…

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Trident Trust Celebrates 20 Years in Cyprus - March 2016

The Trident Trust Group is celebrating the 20th anniversary of the establishment of its presence in Cyprus. On 8 Ma…

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Cyprus-Iran Double Taxation Treaty - February 2016

On 4 August 2015, the governments of Cyprus and the Islamic Republic of Iran signed a Double Taxation Treaty (DTT),…

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Singapore Implements Second Wave of Changes to Its Companies Act - January 2016

Singapore implemented the second and final wave of changes to its Companies legislation on 3 January 2016. These ch…

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Cyprus-South Africa Double Tax Treaty Amendments - January 2016

On 1 April 2015 the Republic of Cyprus and the Republic of South Africa signed a Protocol amending the existing Dou…

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BVI AML (Amendment) Regulations, 2015 and BVI Business Companies (Amendment) Act, 2015 - January 2016

Further to our update in October 2015 regarding changes to the compliance regime for BVI companies, the British Vir…

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BVI Legislative Changes - November 2015

On 15 October 2015, the British Virgin Islands Government announced two changes to the compliance regime for BVI co…

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Changes to Notification Regime for Cayman Companies & Amnesty Period for Late Filings –September 2015

The Cayman Islands has extended the amount of time in which Cayman Companies have to report changes to directors an…

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Nevis Enhances Its Corporation, LLC and Trust Laws - August 2015

A number of significant amendments to Nevis’s existing Corporation, LLC and Trust laws became effective on 1 July 2…

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Singapore Implements First Wave of Changes to Its Companies Act - July 2015

In October 2014 the Companies (Amendment) Bill was passed by Singapore’s Parliament. The changes to Singapore’s Com…

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Singapore Launches Enhanced Regulatory Framework for Corporate Service Providers - April 2015

Corporate services providers (CSPs) in Singapore will be subject to more stringent regulation from 15 May 2015, fol…

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New Record-Keeping Requirements For BVI Trusts – March 2015

On 30 March 2015 more stringent record-keeping regulations for BVI domiciled trusts entered into force, through an…

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