Trust & Fiduciary

Sanctuary provides a range of Fiduciary services across multiple jurisdictions including the United Arab Emirates and via Summit Group in Jersey, Guernsey, Isle of Man, Cayman Islands, Bermuda, Bahamas, BVI and UK.

We have significant experience of dealing with intergenerational wealth transfer and needs of different beneficiaries. We manage trusts in a flexible and bespoke manner to best assist in achieving the settlor’s goals.

We have extensive experience dealing with a diverse spectrum of asset classes across multiple jurisdictions. With a proven reputation in the acquisition, management and sale of luxury assets. Our experienced team can assist with setting up appropriate ownership structures, to ensure the smooth management of such assets.

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About Trust & Fiduciary Services

Whether acting as council members of your foundation or directors of your private trust company (PTC) and underlying companies, those in a fiduciary position have a legal obligation to act in the best interests of the beneficiaries or shareholders.

Trusts and foundations are widely used to help clients grow, manage and protect their assets efficiently, and often as a key element of succession planning. While they are used for similar objectives, they have specific benefits and features depending on the precise type of structure, and its place of jurisdiction. PTCs are commonly used in trust structures to allow the family to maintain an element of control without compromising the integrity of the trust.

Trust & Fiduciary Services

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Authorised Individuals

Ensuring all Approved or Authorised Individuals are in place initially as well as dealing with any subsequent changes and required regulatory approvals as your mix of staff evolves over time, whilst meeting expectations of regulators with regards to fitness and propriety, competence and capability.
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Corporate Governance

Assisting you in your corporate governance arrangements in a manner that is proportionate and appropriate to the nature, scale and complexity of your business, at its outset and as it evolves and grows.

Provision of Council Members

Foundations are managed by a foundation council, which is similar to a board of directors. We act as council members for many of our clients’ foundations, commonly to ensure that the correct level of governance is maintained.
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Provision of Directors

PTCs have a board of directors who are responsible for the management of the trust. We act as directors of the PTC for a number of our clients’ trusts and can also act as directors of any underlying companies, where appropriate. This role brings with it significant responsibilities in order to ensure that each trust and its assets are managed appropriately.

Finance Officer Assistance

We will also work alongside your Finance Officer, including where you may choose to outsource this role too, as well as any existing risk management and internal audit staff you may deploy, in order to ensure a holistic overview of your firm is ensured that aligns with how regulators will exercise their oversight of your firm.

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Contact us

301, Office 9, Building 3,
Emaar Square, Downtown, Dubai, U.A.E.
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