Offshore Trusts, Business Empires & Charities In Bahamian Trust Law: A Business Case For Indian Family Office Relocation

The Bahamas has been positioning itself as a family office hub in the wealth management space. A significant tool to achieve this aim is the introduction of private trust companies (PTCs). As part of this renewed effort the Bahamian Parliament has enacted the Banks and Trust Companies Regulation Act, 2020 to provide for the regulation of PTCs.