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FIC issues guidance for trust and company service providers
Persons who are trustees in their personal capacity only are not accountable institutions.
‘Lack of maintenance or wear and tear’ gave rise to most of the disputes in several categories of insurance.
Read morePersons who are trustees in their personal capacity only are not accountable institutions.
It may not always be clear when someone has crossed the line into carrying on the business of creating a trust arrangement for a client.