Trusts Convention enters into force for Panama
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On 1 December 2018, the Convention of 1 July 1985 on the Law Applicable to Trusts and on their Recognition (“Trusts Convention”) entered into force for Panama, following the deposit of its instrument of accession on 30 August 2017. The Trusts Convention currently has 14 Contracting Parties.
Panama has been a Member of the HCCH since 2002. It is a Contracting Party to 4 HCCH Conventions.