Corporate Management & Trust Services
Licensing and regulation of corporate management and trust service providers under the CMTSP Act, 2008.
Overview
The Financial Services Regulatory Commission (the Commission), in accordance with the Corporate Management and Trust Service Providers Act, 2008, (the Act), regulates persons desirous of becoming a licensed corporate management and trust service provider. Suitable applicants must possess a physical office location within Antigua and Barbuda.
Licence Classes
AClass A Licence
- Entity incorporation, registration or organization
- Preparing and filing statutory documents on behalf of the entity
- Acting as registered agent for an entity
- Providing registered offices in Antigua and Barbuda for an entity
- Other administrative, secretarial or clerical services for entities which do not include signatory authority or other control over accounts or assets of an entity
BClass B Licence
- Services permitted under Class A Licence, and which include a signatory authority or other control over accounts or assets of an entity
- Acting as director, manager, shareholder, member or officer of entities
- Acting as protector for a trust or foundation
CClass C Licence
- Services permitted under Classes A and B which include signatory authority or other control over accounts or assets of an entity
- The provision of financial or asset management services not otherwise regulated by the Commission or another Authority
- Acting as a trustee of a trust or member of a foundation council
EClass E Licence
- Services permitted under two (2) or more classes of licence
Requirements
- An attorney-at-law, licensed to practice in the State of Antigua and Barbuda
- A corporation form, registered or continued under the Companies Act of Antigua and Barbuda, including external companies under that Act
- An International Business Corporation (IBC)
A licence is obtained by submitting to the Commission an application in the prescribed form along with the appropriate application fee. Upon receipt of the completed application and fee, the Commission will conduct a fit and proper assessment to determine the applicant's suitability. A license granted under the Act is valid for a period not exceeding twelve (12) months from the date on which it takes effect unless sooner revoked or otherwise ceases to have effect.
Key Functions
- Fit and proper assessment
- License classification
- Compliance monitoring
- Registry services
Need More Information?
Contact our team for licensing inquiries or regulatory guidance.
Contact UsView Licensing Info