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CRBOT for Onshore Bond in Trust

sch0501sch0501 Member
in Technical stuff

Would appreciate the hive's collective wisdom on this:

Doing an onshore bond in trust, with the ultimate beneficiary an Irish national (but British resident). Does this need to be registered with CRBOT?

Maybe one for the oracle @les_cameron ??

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Comments

  • les_cameronles_cameron Member
    edited June 5

    CRBOT not my favourite but I have people for the things that aren't my favourite!

    No. A UK trust only has to register on CRBOT if it establishes a business relationship with an Irish entity or holds Irish assets.

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  • sch0501sch0501 Member

    Perfect thank you!

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