The Rawlinson & Hunter Singapore office is pleased to announce the granting of its Trust Licence by the Monetary Authority of Singapore. Building on its successful platform of providing a full range of accounting, tax, corporate, business structure and consulting, Rawlinson & Hunter Singapore will now offer a full range of private client services, including trust structuring and trust administration.
The Singapore office was opened in 2013 and represents the international groupings further expansion into the growing Asian market. This office compliments the already established offices in Australia and New Zealand.
The Rawlinson & Hunter Cayman Islands office is the majority shareholder of the Singapore office, and has been assisting the Singapore office since their launch and through the licensing process. Richard Douglas, Senior Partner of the Cayman Islands office: “The Singapore team is to be commended for meeting all of the stringent requirements set out by the Monetary Authority of Singapore. The licence enhances our already strong practice and will provide value added service for our clients in the region and globally.”
Peter Milnes, Managing Director of Rawlinson & Hunter Singapore, has successfully built a full range of family office, accounting and tax services: “Having our Singapore Trust licence allows us to provide our full suite of private client services. It shows our commitment to our clients in the region and cements our view that Singapore is an important and strategic jurisdiction for the global wealth planning industry.”
Peter leads the Trust team in Singapore together with John Chew. John has recently transferred from Rawlinson & Hunter (BVI) where he worked in a senior capacity for the last 8 years and brings with him vast experience in the private client industry.
Clients of the Singapore office will continue to benefit from the infrastructure of the Rawlinson & Hunter International network, combined with the specific advantages offered by the jurisdiction.
News Source: Press Release