HSM LAW
The ‘X Trusts’ Case – The Privy Council Confirms Protectors May Have a Substantive Fiduciary Role
On 19 March 2026, the Judicial Committee of the Privy Council delivered its judgment in A and Ors (Appellants) v C and others (Respondents) [2026] UKPC 11, overturning the Bermuda Court of Appeal and holding that the protectors of the Read more +
Cayman Immigration Law Changes Will Take Effect on 1 May 2026
On Friday, 27 March 2026, the Government announced that the “Immigration Law changes will take effect on Friday, 1 May 2026”. It appears that the Act which was passed in December 2025 and amended, prior to coming into force on Read more +
Cayman Islands Immigration Update – March 2026: Work Permit Stats and PR Factor 8 Clarity
The latest work permit statistics released by Workforce Opportunities & Residency Cayman (WORC) show that there are currently 37,075 work permits in place as of 11 March 2026. This represents a small decrease from February 2026, when 37,267 work permits Read more +
Cayman Immigration Reform: Progress, but Greater Clarity Needed
Recent immigration developments in the Cayman Islands represent meaningful progress, but they also highlight the need for greater transparency and certainty as further changes are introduced. Positive Developments: Protection for PR Holders and Applicants The Government should be applauded for Read more +
STEP TQR: Cayman Foundation v Star Trust
HSM’s Robert Mack, Head of Private Client & Trusts, explores the main uses of a Cayman Islands Foundation Company (FC). Including succession planning, charitable/philanthropic and commercial applications. Further, the various ‘actors’ in an FC are detailed and their roles explained. The strengths and weaknesses of an FC are compared and contrasted with those of Cayman Islands trusts, including private purpose/STAR trusts.
Source – STEP Trust Quarterly Review, June 2018: www.Step.org/TQR
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