Saffery Champness Registered Fiduciaries has announced the launch of a new offering in the Cayman Islands.
Saffery Trustee Company (Cayman) Limited (STCCL) will provide Cayman trust and corporate services as a registered controlled subsidiary of a licensed Cayman trust company. These services will be in conjunction with Saffery Champness fiduciary professionals in Geneva and Guernsey.
The directors of STCCL will include Paul Tucknott, Managing Director of Saffery Champness in Geneva, and Lisa Vizia (pictured), Director of Saffery Champness in Guernsey, subject to Cayman Islands Monetary Authority (CIMA) approval.
Services include acting as a Cayman trustee, whilst providing some or all of the required administration locally, or via Saffery Champness’ offices in Geneva or Guernsey, according to client requirements.
In addition, clients will have access to company incorporation and registered office services for Cayman entities, as well as any required administration.
Nick Batiste, Managing Director of Saffery Champness Registered Fiduciaries, said: “We have worked for many years with clients and intermediaries on complex structures based in Cayman. Establishing this offering was a natural step for our business to ensure we are able to meet the complex needs of our clients in multiple jurisdictions.”
STCCL was incorporated in October 2019 and received regulatory approval from CIMA to undertake trust business in January 2020. STCCL was granted a corporate licence to operate by CIMA in June 2020, enabling the full provision of services to clients by the business and its directors.