Paul Davis is well versed in advising private trust companies, foundations and purpose trusts, and stands out among peers for his "results-oriented approach”.
Paul Davis is a partner in the firm’s private client and wealth management group. His practice focuses on trusts, private trust companies, purpose trusts, foundations, executive entities, financial services law and regulation, and corporate law. He provides counsel to financial institutions (including trustees), individuals and beneficiaries in the establishment and administration of fiduciary structures.
Paul has excellent insight into the demands of the trust and fiduciary services industry and provides client advice underscored by the legal and regulatory environment and risk management strategy of each client. He also advises clients on compliance issues and offers advice to trust companies on the development of new services and issues arising in trust administration. Paul counsels high net worth families in multiple jurisdictions in tax and estate planning.
Paul is deputy chairman of the Bahamas Financial Services Board (BFSB) and co-chair of the BFSB’s trusts working group, which has a mandate to ensure the regular review of Bahamian trust legislation including the recent amendments to the Trustee Act. He sits on the advisory committee to the government in respect of the implementation of the Common Reporting Standard in the Bahamas.
Paul started his legal career with Higgs & Johnson as an associate in 2008 after being admitted to the Bar of England and Wales. In 2010 Paul left the firm to join the Nassau office of a prominent international trust and fiduciary services group with offices in the Bahamas, Switzerland and Singapore. He ultimately held the position of general counsel and chief compliance officer for the group before rejoining Higgs & Johnson as a partner in 2015.