A local and global profile

LTCL currently holds on trust assets under management worth in excess of $10 billion.

The assets are held around the world and range from the simplest type of cash account, to equity portfolios, shares in private limited companies and regulated PLCs, commercial and residential property portfolios and even works of art.

The LTCL team is practised in seeking out the best source of professional advice on behalf of its clients. This often involves liaising with accountants, property surveyors, foreign lawyers and investment managers, as well as orchestrating timely collaboration between the different departments within Hassans and Line Management Services Limited, the company management arm of Hassans.

A primary objective is to ensure LTCL always works with the financial institution that best serves the aims and circumstances of a particular trust's needs. Bankers and investment managers can be appointed anywhere in the world within a reputable jurisdiction and LTCL has strong working relationships with top specialists in every key market.

The rigorous maintenance of trust records - everything from minutes of trustee meetings, documenting of all transactions and trust management activities - ensures that every aspect of clients' trust administration is always of the highest order.

Naturally, the local regulatory body, the Financial Services Commission of Gibraltar periodically reviews the performance of all trust management companies to ensure compliance with ‘Know Your Client' requirements. LTCL has been a model practitioner in this area.