The Capital Markets Authority (CMA) has licensed Stanbic Bank Kenya Limited as a Corporate Trustee. In a notice issued on ...

The Trustee Act 1925 was introduced during a time of economic and political upheaval in post-war Britain. Amidst economic challenges and frequent elections, ...

A trustee is in charge of managing the assets of a trust.As the Consumer Financial Protection Bureau explains, trustees have four main obligations or duties:. Act in the best interests of ...

Under the Corporate Transparency Act (CTA), every “reporting company” must file a “beneficial ownership interest report” (a BOI report) by Jan. 1, 2025 (or, if formed during 2024, within ...

The unique feature of trusts is the separation of ownership of the trust assets. The trustees are the legal owners, while the ...

Trustee Embezzlement Law of New-York Construed in Bearing on Gould-Sage Missouri Pacific Railroad Suit. ... THE TRUSTEE EMBEZZLEMENT ACT. Share full article. March 21, 1888.

Here, specifically, is how the act describes the standard of care applicable to trustees: "A trustee shall invest and manage trust assets as a prudent investor would, by considering the purposes ...

For example, trustees act in a manner that is consistent with the duty of care when they actively participate in board meetings, monitor the budget and financial reports, and ask good questions to ...

For any corporate trustee you choose, there should be some minimum requirements, and it’s best to check its reputation ahead of time to find out if its trust relationships end amicably.