Trust companies – static and dynamic

tusts can be classified into two categories: Static trust companies Dynamic fiduciary companies (SIM) Static trust companies The static fiduciaries carry out activities of registration and/or administration and safeguarding of the assets conferred by the trustee customer while observing the instructions given by the trustee for each individual transaction (Law No. 1966 of 1939): In the model […]

Loans made by shareholders through trust companies

Pettey directed to the associates, confirmed what it had previously clarified, namely the fact that the trust companies are not affected by the communication obligations relating to the assets granted to the shareholders. In fact, these obligations must be fulfilled by the investee company or the actual partner to whom the asset is attributed. Moreover, these […]