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Estera wins citywealth ifc trust company of the year - caribbean

Estera has won the prestigious Trust Company of the Year – Caribbean in the Citywealth IFC awards. The awards were announced in London on Wednesday 23 January 2019 and recognise outstanding achievements in Estera’s Bermuda, BVI and Cayman offices.

We provide offshore trust management and administration services including foundations, managed trust companies, personal pensions, private trust companies, trust formation and administration and has over 550 professionals in 11 jurisdictions. Estera’s multi-jurisdictional reach allows their client directors to offer clients solutions which are tailored to their global needs no matter where they are located.

James Maitland, Regional Head of Americas & Caribbean at Estera said “Our private wealth services are well established. Not only are we are very proud of the work that we do and the clients that we work for, but we are also extremely grateful for their continued support. We are thrilled that our teams have been recognised for the quality of their work and their approach to delivering outstanding client service.”

Estera CEO, Farah Ballands concluded “The last few years have been tremendously successful for Estera. We have seen very strong results with revenue growth in excess of 50% and we have built a well-diversified business. As well as investing in the growth of our long-established private wealth and corporate services businesses we have also built a fully-fledged global funds capability. This award is a great endorsement of our approach.”


Depositaries and the no-deal Brexit scenario

Papers published recently by HM Treasury and the Financial Conduct Authority (FCA) set out the current state of the UK's planning for a hard Brexit, if the decision is taken to exit without a deal on 29 March 2019. Here, David Price, Depositary Services Manager at Estera Depositary (UK) Limited, explains what depositaries need to know in order to prepare.

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