ABI Trust
promotes Antigua
& Barbuda as a
jurisdiction of
choice
ABI TRUST LTD
has led the way
in seeking to
promote Antigua
and Barbuda as a
jurisdiction of
choice for
financial
services. In its
latest drive,
ABI TRUST Ltd.
launched a
“Think Tank
Initiative”, the
primary goal of
which is to make
recommendations
to the
government
regarding
legislative and
infrastructural
change for the
financial
services sector.
Leading
professionals in
the industry and
senior
government
officials
attended the
first meeting,
which spanned 2
˝ days of
discussions at
the Jolly Beach
Resort, on the
27th - 29th
November 2006.
The meeting also
included several
well established
asset protection
lawyers from the
United States.
Since its
initial meeting
the group has
continued to
meet on a
regular basis to
ensure timely
submission of
the proposed
legislation.
The list of
draft
legislation
being considered
includes the: -
• Company
Management
Service
Providers Bill;
• Limited
Liability
Companies Bill;
• Foundations
Bill;
• International
Insurance Bill
(including
Captive
Insurance);
• Segregated
Portfolio
companies Bill;
and the
•
Confidentiality
Bill.
Amendments to
the
International
Trust and
International
Business
Corporations
Acts are also
being
considered.
