Trusts (Jersey) Law 1984

About the consultation

​​We would like your views on proposals to amend the legislation that governs the Island’s trusts​ industry.

This new set of proposed amendments aims to make sure the legislation remains world-leading and continues to place Jersey as the trusts jurisdiction of choice.

The amendments draw on the work of a group​ of leading industry practitioners, organised through Jersey Finance. They aim to find out where the law may benefit from clarification, and where new provisions may help to develop the Island’s offering to the private wealth management world.  

The following areas are available for public consultation:

• the need for a beneficiary at all times during the existence of ​a trust
  
• the rights of beneficiaries to information
  
• reservation of powers by a settlor
  
• arbitration provisions
  
• trustees self-contracting
  
• confirmation of the appointment of a corporate trustee post-merger
  
• extension of indemnity provisions
  
• retention and accumulation
  
• presumption of lifetime effect
  
• variation of trusts
  
• légitime​
  

Download p​roposed amendments to the Trusts (Jersey) Law 1984 (size 1.6mb)​

How to submit comments to the consultation

You can submit your comments by email to:

George Pearmain

Lead Policy Adviser
Private Wealth and Financial Crime
Financial Services Unit
Chief Minister's Department

Jersey Finance industry response

Jersey Finance is also organising a joint industry response, if you would like to participate send your response to Thomas Cowsill.

Email Thomas Cowsill​

Responses sent to Jersey Finance will be shared with us unless you indicate clearly that you want to remain anonymous.

Responses to the consultation

​Below is the response and policy document concerning amendments to the Trusts (Jersey) Law 1984, published on 11 January 2017:

Proposed Amendments to the Trusts (Jersey) Law 1984: Response and Policy Paper (size 760kb)