Part 1: The offshore trust industry in Asia

In this two-part article, Christian Stewart, partner, Tax & Legal Support, PricewaterhouseCoopers highlights some of the issues facing the private trust industry in Asia today as we start into the new millennium.

A new age for Hong Kong and Singapore

In general terms, the trustee companies and other financial institutions that are involved in this industry in Asia tend to be based in either Hong Kong or Singapore or in both of these places. From one of these bases, trust marketing officers andor private bankers will fly to other Asian destinations such as Taiwan, Indonesia, the Philippines and Thailand in the search for new high net worth private client...

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