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Your partner in Trust Butterfield Trust

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Page 1: Butterfield Trust Your partner in Trustbutterfieldgroup.com/Documents/Group_Trust_Brochure_Q1_19.pdf · The Bahamas, Bermuda, the Cayman Islands, Guernsey, New Zealand, Singapore

Your partner in TrustButterfield Trust

Page 2: Butterfield Trust Your partner in Trustbutterfieldgroup.com/Documents/Group_Trust_Brochure_Q1_19.pdf · The Bahamas, Bermuda, the Cayman Islands, Guernsey, New Zealand, Singapore

Butterfield is a diversified, international financial services Group headquartered in Bermuda with operations in Guernsey, Jersey, The Bahamas, the Cayman Islands, Switzerland, Singapore and the United Kingdom. The parent company, The Bank of N.T. Butterfield & Son Limited, established in Bermuda in 1858, is publicly traded with share listings on the Bermuda Stock Exchange and the New York Stock Exchange. The Group is a full-service community bank and a provider of specialised international financial services, including trust and corporate services which are provided by Butterfield Trust to its client base worldwide.

Th e Butterfield Group

Cayman Islands

Page 3: Butterfield Trust Your partner in Trustbutterfieldgroup.com/Documents/Group_Trust_Brochure_Q1_19.pdf · The Bahamas, Bermuda, the Cayman Islands, Guernsey, New Zealand, Singapore

Introducing Butterfield Trust

Butterfield Trust has been in the business of establishing and administering fiduciary structures for our clients since the advent of international trust legislation more than 80 years ago, and delivers services to international clients through seven independent companies based in Bermuda, The Bahamas, the Cayman Islands, Guernsey, New Zealand, Singapore and Switzerland, which together have responsibility for USD 95.6 billion* in assets administered by a team of over 280 experienced professionals. Our multi-jurisdictional capability is backed by a strong financial parent that appreciates our independent philosophy.

Our teams provide extensive knowledge and a breadth of experience with a passion and dedication to ensure that any challenges that may lie ahead are resolved.

*Figures as at 31 March 2019.

Bermuda

Page 4: Butterfield Trust Your partner in Trustbutterfieldgroup.com/Documents/Group_Trust_Brochure_Q1_19.pdf · The Bahamas, Bermuda, the Cayman Islands, Guernsey, New Zealand, Singapore

Independent thinking

At Butterfield Trust, we offer innovative solutions combined with strong corporate governance and risk management disciplines. As experienced fiduciary specialists, we have witnessed the evolution of legislation and practice in several markets and have adapted to these developments.

Guernsey

Page 5: Butterfield Trust Your partner in Trustbutterfieldgroup.com/Documents/Group_Trust_Brochure_Q1_19.pdf · The Bahamas, Bermuda, the Cayman Islands, Guernsey, New Zealand, Singapore

Experience

Butterfield Trust operates as a genuinely independently minded fiduciary specialist but benefits from the financial strength, substance and disciplines of the Butterfield Group.

Butterfield Trust and its senior management team are regular nominees and winners of trust industry awards in recognition of high quality service delivery and professionalism, usually through nominations and endorsements from leading global advisers to international families based on work done with mutual clients. Members of the senior management team also speak at leading industry conferences and events and participate in industry bodies to promote the value of the work that Butterfield Trust and other firms provide.

The Bahamas

Page 6: Butterfield Trust Your partner in Trustbutterfieldgroup.com/Documents/Group_Trust_Brochure_Q1_19.pdf · The Bahamas, Bermuda, the Cayman Islands, Guernsey, New Zealand, Singapore

Private client services

Our services are carefully crafted to meet specific requirements and to take advantage of the unique solutions and legislation available in our key locations globally. They include:

• Trusts: Discretionary Charitable Purpose Reserved/Directed Powers STAR (Cayman Islands) Shariah Compliant

Switzerland

• Company Formation and Administration• Partnerships• Private Trust Companies• Foundations

Page 7: Butterfield Trust Your partner in Trustbutterfieldgroup.com/Documents/Group_Trust_Brochure_Q1_19.pdf · The Bahamas, Bermuda, the Cayman Islands, Guernsey, New Zealand, Singapore

Institutional client services

Our services for institutional clients are equally tailored to respond to specific requirements from our key locations. They include:

• Trusts / Purpose• Partnerships• Managed Trust Companies• Employee Benefit Trusts• Unit Trusts• Segregated Account Companies• Private Funds• Tailored Administration Arrangements

Singapore

Page 8: Butterfield Trust Your partner in Trustbutterfieldgroup.com/Documents/Group_Trust_Brochure_Q1_19.pdf · The Bahamas, Bermuda, the Cayman Islands, Guernsey, New Zealand, Singapore

Our solution

Our teams of highly professional and respected specialists are experienced in administering both complex and more straightforward solutions in partnership with clients and their advisers around the globe. We offer a flexible approach to holding a wide variety of financial and other assets under administration. We pride ourselves on providing a service that is focused on the needs of our clients and, to this end, have dedicated teams who administer solutions for private and institutional clients, family enterprise groups, charities, and philanthropic endeavours.

New Zealand

Page 9: Butterfield Trust Your partner in Trustbutterfieldgroup.com/Documents/Group_Trust_Brochure_Q1_19.pdf · The Bahamas, Bermuda, the Cayman Islands, Guernsey, New Zealand, Singapore

Open invitation

A relationship built on trust begins with a simple conversation. We invite you to speak with us about how we can help design a fiduciary solution that meets your needs and which will integrate well with your other financial and related governance arrangements. We look forward to hearing from you.

For further information please contact a member of our senior management team.

Craig Barley Managing DirectorButterfield Trust (Bahamas) Limited Tel: (242) 393 [email protected]

Jonathan Dunlop Vice President, Trust Services Butterfield Trust (Bermuda) Limited Tel: (441) 278 5809 [email protected]

Guy Quigley Head of Business DevelopmentButterfield Trust (Guernsey) LimitedTel: +44 (0)1481 [email protected]

Jim ParkerCountry HeadButterfield Trust (Switzerland) LimitedTel: +41 (0)22 839 [email protected]

Andrew LeggattManaging DirectorButterfield Trust (Cayman) LimitedTel: (345) 815 [email protected]

Brian Balleine Regional Head, AsiaButterfield (Singapore) Pte. Ltd.Tel: +65 6916 [email protected]

Page 10: Butterfield Trust Your partner in Trustbutterfieldgroup.com/Documents/Group_Trust_Brochure_Q1_19.pdf · The Bahamas, Bermuda, the Cayman Islands, Guernsey, New Zealand, Singapore

This brochure is for information purposes only and does not constitute an offer or solicitation of products or services where prohibited by law. It is designed to provide general information on our fiduciary services and is based on laws and practices prevailing in the relevant jurisdiction at the time of publication. This information is not intended to be exhaustive and does not constitute legal advice. We will be pleased to offer more comprehensive and specific information upon request and we invite you to contact the relevant unit to discuss you specific requirements Butterfield Trust is the marketing name used for the Trust business line conducted through our separately incorporated companies in The Bahamas, Bermuda, the Cayman Islands, Guernsey, New Zealand, Singapore and Switzerland which are part of the Butterfield Group.

THE BAHAMAS - Butterfield Trust (Bahamas) Limited is licensed and regulated by The Central Bank of The Bahamas under the Banks & Trust Companies Regulation Act, 2000.

BERMUDA - Butterfield Trust (Bermuda) Limited is licensed to conduct trust and investment business by the Bermuda Monetary Authority.

CAYMAN ISLANDS - Butterfield Trust (Cayman) Limited is registered to provide trust services under the Banks and Trust Companies Law (2013 Revision) and is regulated by the Cayman Islands Monetary Authority.

GUERNSEY - Butterfield Trust (Guernsey) Limited (“BTGL”) is licensed and regulated by the Guernsey Financial Services Commission under The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc (Bailiwick of Guernsey) Law, 2000, as amended, under registration number 101113.

BTGL is registered under the Data Protection (Bailiwick of Guernsey) Law 2017 under registration number 10959 and with the Guernsey Registry, under registration number 31645. BTGL’s registered office address is P.O. Box 25, Regency Court, Glategny Esplanade, St Peter Port, Guernsey, GY1 3AP.

SINGAPORE - Butterfield (Singapore) Pte. Ltd. (Registration number 201719034R) is a company incorporated in Singapore with its registered office at 80 RobinsonRoad #02-00 Singapore 068898. Butterfield (Singapore) Pte. Ltd. is regulated by the Monetary Authority of Singapore and holds a trust business licence issued under the Trust Companies Act (Chapter 336) of Singapore.

NEW ZEALAND - Butterfield Trust (New Zealand) Limited is regulated by the New Zealand Ministry of Business, Innovation and Employment.

There are internal policies and procedures in place to comply with the New Zealand Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (“the Act”) for the prevention of money laundering and countering the financing of terrorism which are consistent with the Financial Action Task Force (FATF) standards. Compliance with the Act is supervised by the Internal Affairs Department.

SWITZERLAND -Butterfield Trust (Switzerland) Limited (the “Company”) is a Swiss registered trust and fiduciary services company and part of the Butterfield Group. The Company’s registered address and principal place of business is at 16 boulevard des Tranchées, 1206 Geneva (Switzerland). The Company is a registered member of and regulated by the self-regulating association OAR-G, a government-approved selfregulatory body pursuant to Articles 24 and seq. of the Swiss Federal Act on Combating Money Laundering and Terrorist Financing (“AMLA”).

© 2019, The Bank of N.T. Butterfield & Son Limited.

Page 11: Butterfield Trust Your partner in Trustbutterfieldgroup.com/Documents/Group_Trust_Brochure_Q1_19.pdf · The Bahamas, Bermuda, the Cayman Islands, Guernsey, New Zealand, Singapore

www.butterfieldgroup.com