Asiaciti Trust

Asiaciti Trust is an international trust and corporate services company which provides fiduciary, wealth transfer, and administrative services, and has operations throughout Asia, Central America, and the Pacific.[1]

Asiaciti Trust
IndustryFinancial services
Founded7 July 1978
FounderGraeme W. Briggs
Headquarters
Singapore
Area served
Worldwide
Services
Websitewww.asiacititrust.com

Background

Asiaciti Trust was established in British Hong Kong in 1978.[2] The founder of Asiaciti Trust, Australian Graeme W. Briggs,[3] was formerly the international tax partner of Marquand & Co. He acquired the international operations of Marquand & Co in 1975. Briggs was also a founding Senator of the Offshore Institute.[4] Asiaciti moved its headquarters to Singapore in late 1984.

In September 2020, Asiaciti Trust appointed Colin Porter as Group Managing Director. In the same year, Asiaciti Trust also appointed a new Managing Director for its New Zealand office, Kate Weiss.[5]

In January 2021, Asiaciti Trust appointed a new Managing Director for its Singapore office, Ross Belhomme.[6]

Asiaciti Trust is also involved in several charity projects through its Asiaciti Trust Charitable Foundation. One of its biggest projects is Latin American Roaming Art (LARA).[7] In 2018, Asiaciti Trust sponsored the Middle East Wealth Management Forum in Dubai.[8]

Awards and accolades
  • 2020, Best Independent Trust or Fiduciary Company, WealthBriefing MENA Awards[9][10]
  • 2019, Best Independent Trust or Fiduciary Company, WealthBriefing MENA Awards[11][12]
  • 2018, Best Independent Trust or Fiduciary, WealthBriefing GCC Region Award[13]
  • 2017, Best Independent Trust or Fiduciary, WealthBriefing GCC Region Award[14]
  • 2016, Best Independent Trust or Fiduciary, WealthBriefing GCC Region Award[15]
  • 2015, Best for Fund Administration and Best for Private Client Wealth Planning (Singapore), AI International Finance Awards[16]
  • 2013, Fund Administrator of the Year (Singapore), Acquisition International Finance Awards[17]

Controversy

The company was associated with both the Paradise Papers data leak[18] and the Pandora Papers leak.[19][20][21]

See also

References
  1. "Specialists to thrive as clients seek compliance". Hubbis. Retrieved 14 August 2018.
  2. "Cally Ching on Building the Global Asiaciti Trust Proposition for North Asia Clients -Asian Wealth Management and Asian Private Banking". Asian Wealth Management and Asian Private Banking. 2021-06-08. Retrieved 2021-11-16.
  3. ICIJ; Briefing, Background; Corners, Four; Christodoulou, ABC Investigations / By Mario; Worthington, Elise; Sveen, Ben (2021-10-03). "He made a $62m fortune keeping his rich clients' secrets. Now they are spilling out". ABC News. Retrieved 2021-10-03.
  4. "Directory". HKET. Retrieved 15 August 2018.
  5. "Creating a Robust Family Succession Plan that Embraces Governance, Tax & Compliance". Hubbis. 18 March 2021. Retrieved 3 May 2020.
  6. "Asiaciti Trust Appoints New MD for Singapore". finews.asia. 11 January 2021. Retrieved 3 May 2020.
  7. "LARA (Latin American Roaming Art)". Arte-sure. Retrieved 15 August 2018.
  8. "Private Banking Listings". SCMP. 2016-06-25. Retrieved 15 August 2018.
  9. "The Seventh Annual WealthBriefing MENA Awards for Excellence 2020". Clearview Publishing.
  10. "Winners Of WealthBriefing MENA Awards for Excellence 2020". www.wealthbriefing.com.
  11. "Asiaciti Trust's MENA Region Success". www.wealthbriefing.com.
  12. "Winners Of WealthBriefing MENA Awards 2019" (PDF).
  13. "WealthBriefing GCC Region Awards 2018". Clearview Publishing.
  14. "WealthBriefing GCC Awards 2017".
  15. "Winners Of The WealthBriefing GCC Region Awards 2016". www.wealthbriefing.com.
  16. "AI Finance Awards 2015". Issuu.
  17. "Finance awards 2013". Issuu.
  18. "Paradise Papers Exposes Donald Trump-Russia links and Piggy Banks of the Wealthiest 1 Percent". Icij.org. Retrieved 7 November 2017.
  19. "Pandora Papers: An offshore data tsunami". ICIJ. 2021-10-03. Retrieved 2021-10-26.
  20. Butler, Ben (2021-10-03). "Offshore provider accused of failing to follow money laundering rules". the Guardian. Retrieved 2021-10-06.
  21. Tang, See Kit (2021-10-06). "MAS examining information in Pandora Papers about Singapore-based Asiaciti Trust". CNA. Retrieved 2021-10-06.
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