The amendments to the Cyprus International Trusts Law: finally enacted

Posted by : Toby Graham | Date posted : 05/06/2012

This article appeared in Trusts & Trustees, Vol. 18, No. 5, June 2012, pp. 415–429. In an earlier article in the same publication (‘Cyprus international trusts – a giant leap forward; the proposed amendments to the International Trusts Law 1992’ (2011) 17 (5) Trusts & Trustees 382–92) the authors examined the proposed changes to the Cyprus International Trusts Law of 1992.

Following a lengthy and thorough public consultation process the proposed amendments were enacted in the International Trusts (Amendment) Law of 2012 which entered into force on 23 March 2012. In this article, the authors analyse the main amendments with particular emphasis on matters such as jurisdiction, applicable law, foreign law trusts, and the new tax provisions.

If you require further information on anything covered in this bulletin please contact Toby Graham ( or your usual contact at the firm on 020 3375 7000.