In a recent article for Trusts & Trustees, Carey Olsen Bermuda's Ashley Fife considers certain aspects of the economic substance requirements relevant to private client structures, with a particular focus on the impact on holding entities. The treatment of holding entities under economic substance legislation in a number of C.2.2 jurisdictions may not be settled and this article explores how it may evolve.

The full article is available to read in Trusts & Trustees - the leading international journal on trust law and practice, and the official journal of the International Academy of Estate and Trust Law (available via the Oxford Academic website).

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.