Licensed/Unlicensed Nominees and Fiduciaries

[Maydi]

For companies that offer "fiduciary management", "nominee directors" and "nominee shareholders", they often state their corporate nominee shareholder, corporate nominee director, and/or management company is *licensed* for such.


I presume that companies in most jurisdictions that are acting in a fiduciary capacity must have special licensing? What jurisdictions require fiduciary licensing, and what jurisdictions do not?


Then, the same question applies to individuals:


Does an individual nominee director or individual nominee shareholder generally need to be a licensed fiduciary (e.g. lawyer/public accountant/etc), or can anyone act as a nominee? (again by jurisdiction, which require license and which do not)

 

[OAEC]

In most countries you do not need to be licenced to provide such services. In the UK you can be licenced under Money Laundering Rules which mentions you to offer these services. You should only get these services from a formation company, accountant or lawyer that you can independenly check out.