As a leading provider of legal, regulatory and trust-based advice best places us to assist trust service providers
We provide specialist legal and regulatory services to Trust Service Providers in the Isle of Man.
We have extensive experience in working closely with Trust Service Providers across all aspects of trust formation and associated administration services.
The provision of trust services (if undertaken by way of business) is regulated by the Isle of Man Financial Services Authority under The Regulated Activities Order 2011 (amended to 2019).
Class 5 | Trust Services
This class comprises of acting as a trustee or trust corporation, providing trust administration services, acting as a protector and acting as an enforcer (of a purpose trust under The Purpose Trusts Act 1996 or of a foundation under The Foundations Act 2011).
The regulations provide for a number of exclusions, among which are:
- Professional services (legal, accountancy etc.).
- Group transactions (where a trust is established for the benefit of that group).
- Where the activity is undertaken by a person who is, or proposes to become, a participator in a joint enterprise and the activity is wholly incidental to that joint enterprise.
- Insurers (regulated separately under The Insurance Act 2008)
Trust Service Providers | What we do
At MannBenham we offer our clients an attractive opportunity to work with experienced Advocates who can advise on trustee services and are well placed to respond to specific requirements, taking into account legal, regulatory and compliance matters which may arise from time to time.
Talk to us today
If you need to talk to someone around Trust Service Providers, then take the first step. You can email [email protected] or call us on 01624 639350 to arrange your free consultation with us today.
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Reasons to use the MannBenham Group
Personal Service
Always professional, providing an exceptional level of service to our clientsAlways professional, providing an exceptional level of service to our clients
Everything we do is backed by leading legal professionals and an extensive range of advisory and support services designed to meet our client requirements and exceed expectations
Always Professional
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We remain professional at all times, treating everyone respectfully and with courtesy, listening and understanding our clients needs
Global Solutions
Manavia Limited, MannBenham Advocates and Advisory solutions are truly globalManavia Limited, MannBenham Advocates and Advisory solutions are truly global
MannBenham Group’s global reach combines Isle of Man excellence with cross-jurisdictional expertise creating a complete integrated approach
Wealth of Experience
We pride ourselves on the wealth of our experience and knowledgeWe pride ourselves on the wealth of our experience and knowledge
Our experience and expertise crosses both commercial and personal, delivering real solutions that satisfy our clients expectations