Regulation

Cavendish Trust holds Class 4 and Class 5 licences for the purpose of carrying out corporate and trust services and as such, is regulated and supervised by the Isle of Man Financial Services Authority pursuant to the Financial Services Act 2008 and all associated legislation. Please refer to: http://www.fsc.gov.im/licenceholders/LicenceHolderDetails.aspx?holderid=9256&type=Current

Professional Indemnity Insurance

Cavendish Trust has substantial professional indemnity insurance, enabling us to offer all the benefits of a tailored service with comprehensive risk cover. Cavendish Trust will also tailor PI cover to specific client circumstances, should this be required.

Compliance

As a licensed Corporate and Trust Service Provider, Cavendish Trust is obligated by law to comply with the Isle of Man’s client due diligence regulations, which include strict requirements to know the identity of and establish the bona fides of each structure’s ultimate beneficial owner. The schedules provide an indication of the due diligence requirements typically required on individual and corporate clients, however for comprehensive details particular to your circumstances please contact our offices.

Meanwhile, in its review of adherence to international standards, the Financial Stability Board placed the Isle of Man in the highest category of co-operative jurisdictions.

To read about The Isle of Man receiving the seal of approval from the Financial Stability Board click below:
http://www.financialstabilityboard.org/publications/r_111102.pdf

Contact Us

  • Cavendish Trust Company Limited
    31-37 North Quay
    Douglas
    Isle of Man
    IM1 4LB
  • +44 1624 679000
  • +44 1624 679500

View/Download our Brochure

© Cavendish Trust Company Limited 2017. All rights reserved. Licensed by the Isle of Man Financial Services Authority.