CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Jersey Trust Firm Ventures Into Irish Corporate Administration Market

Jersey Trust Firm Ventures Into Irish Corporate Administration Market

by Jason Gorringe, Tax-News.com, London

12 November 2003


Jersey-based Bedell Cristin Trust, one of the jurisdiction’s leading trust firms, has established a new wholly owned subsidiary based in Dublin which will specialise in the provision of corporate administration services to Irish-based special purpose vehicles.

Commenting on the move, Richard Gerwat, director of Bedell Cristin Trust said: "The past five years have been extremely busy for the European securitisation market and the demand for special purpose vehicles based in the premier finance centres has grown with it.”

He continues: “Certain transaction requirements demand special purpose vehicles located within an EU jurisdiction benefiting from a network of double tax treaty legislation. Ireland can provide that within an excellent legal, fiscal and regulatory environment.

“We have been able to arrange provision of this service in the past but not directly under the Bedell Cristin Trust banner. The growth of this sector of administration within Bedell Cristin Trust and maturity of the Jersey marketplace has enabled us to build a significant capability and platform from which to develop our strategy for growth of our business.”


To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »