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【Wealth Succession】GIBRALTAR: Legislation amended on trusts and proceeds of crime

Gibraltar brought the Proceeds of Crime (Miscellaneous Amendment) Act 2021 into force on 9 February, amending s.61 of the Trustees Act to require all trustees of a Gibraltar trust to obtain current information on settlors, trustees, beneficiaries and protectors and to hold basic information on all entities providing a financial service to the trust. A further amendment ensures that ...

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