Did you know that the Cyprus legislation on trusts does not impose any restrictions on neither the appointment nor the powers of protectors? This is something which gives a great degree of flexibility to the settlors on the one hand to appoint whoever they trust on this position and on the other hand to grant such person any powers, which under all circumstances should be explicitly provided in the trust deed.
Our firm can provide advice and assistance on a wide array of issues concerning Cyprus International Trusts, including the appointment of protectors as well as drafting of specialised trust deed provisions.