Corporate services business Hawksford is now able to provide trust services in Singapore, having secured a trust licence in the region.
The licence, issued by the Monetary Authority of Singapore (MAS), enables the company to provide trust services to private and corporate clients in one of Asia’s premier financial centres.
Group CEO Michel van Leeuwen commented: “This is a significant development for Hawksford and our global client base. The licence greatly enhances our client service capabilities.”
Michael Powell, a Hawksford Founding Director who has more than 25 years’ experience in fiduciary services, will now join the board of the Singapore trust business.