Global fiduciary services provider - JTC - has augmented its offering to international private clients after being granted a trust licence in the Cayman Islands.

The Cayman Islands Monetary Authority (CIMA), the jurisdiction’s regulator, approved the new licence enabling JTC to offer a range of trust administration services through the Cayman Islands.

JTC’s new trust offering will be international in focus and form part of its global private client services (PCS) division. In regional terms, it will complement the company’s existing business development offices in Miami and New York and its regulated office in Sou...