The Settlor confirms that, following the establishment of the Trust, no right of direction, approval, or control over the Trustee’s decisions is retained. All trust administration, investment, and distribution decisions rest solely with the Trustee.
The Trustee is expected to act at all times in accordance with its fiduciary obligations, exercising independent judgment, professional discretion, and due care, without regard to informal expectations or external influence.
No beneficiary, whether principal or contingent, is intended to possess any fixed, vested, or enforceable right to trust income or capital. Any benefit conferred shall arise solely from the Trustee’s discretionary exercise of powers.
The Trust is intended as a long-term wealth governance structure, designed to preserve and manage assets responsibly across time and jurisdictions, in accordance with evolving legal, regulatory, and economic frameworks.
Where a Protector is appointed, such role is conceived as a safeguard against structural risk and governance failure, not as a mechanism of control over the Trustee’s ordinary discretion.
This Letter of Wishes should be interpreted in a manner consistent with applicable trust law, international transparency standards, and regulatory expectations, acknowledging that compliance and fiduciary integrity are core objectives of the Trust.