Cayman Islands: Offshore Trusts Guide
Supervisory and Licensing Regime and Fees
In addition to the above-mentioned legislation, The Banks and Trust Companies Law (2009 Revision) provides the legal framework for trust supervision in the Cayman Islands.
There is a large and sophisticated community of professional advisers on trust matters in Cayman. Individuals can provide trust services in the Cayman Islands without registration, but companies offering trust services must be licensed under the Banks and Trust Companies Law 1995, as amended in 2001, 2003, 2007 and 2009. Foreign or Cayman-resident companies may obtain licenses. These are issued by the Governor, after the Cayman Islands Monetary Authority (CIMA) has accepted an application giving comprehensive information about the applicant.