Antigua and Barbuda (AG)

Jurisdiction Overview

IDQuestionAnswer
204 *Are Trusts available? BOTH: Domestic trust law and administration of foreign law trusts.
 Data Date: 2018

Notes

 
The Global Forum reports: "The law of Antigua and Barbuda provides for the creation of ordinary trusts and international trusts. Ordinary trusts are recognised and created under the common law framework and have no governing statutes. International trusts are a component of Antigua and Barbuda’s offshore services sector and are formed and regulated under the International Trusts Act (ITA)." (GF 2014: 40). In 2018, the FATF reported: "Laws provide for the creation of ordinary trusts and international trusts" (FATF 2018: 175).

Sources

GF 2014: 40; GF 2011: 29
 
FATF 2018: 175-177