Katana VentraIP

Hague Trust Convention

The Hague Convention on the Law Applicable to Trusts and on their Recognition, or Hague Trust Convention is a multilateral treaty developed by the Hague Conference on Private International Law on the Law Applicable to Trusts. It concluded on 1 July 1985, entered into force 1 January 1992, and is as of September 2017 ratified by 14 countries. The Convention uses a harmonised definition of a trust, which is the subject of the convention, and sets conflict rules for resolving problems in the choice of the applicable law. The key provisions of the Convention are:

Convention of 1 July 1985 on the Law Applicable to Trusts and on their Recognition

1 July 1985

Netherlands

1 January 1992

ratification by 3 states

14

French and English

States parties[edit]

As of September 2017, 14 countries have ratified the convention:[1] Australia, Cyprus, Canada (9 provinces: all except Quebec, and none of the territories), China (Hong Kong only), Italy, Luxembourg, Liechtenstein, Malta, Monaco, the Netherlands (European territory only), Panama, San Marino, Switzerland and the United Kingdom (including 12 dependent territories/crown dependencies: Akrotiri and Dhekelia, Bermuda, British Antarctic Territory, British Virgin Islands, Falkland Islands, Gibraltar, Guernsey, Isle of Man, Jersey, Montserrat, Saint Helena, South Georgia & South Sandwich Islands and Turks and Caicos Islands).

Hague Conference on International Private Law

Text of the Convention

Hague Conference on International Private Law

Status of ratification and signatories