Sanne Group Asia has been authorised to provide trust or company services in Hong Kong by the Hong Kong Companies Registry.
The authorisation further enables Sanne to provide an enhanced suite of services to the Asia Pacific (APAC) alternative investment managers, in addition to its existing offering as a trust or company service provider.
The licence comes just over 12 months after Sanne appointed Mark Law as managing director of alternative assets for APAC and Mauritius, who is based in Hong Kong.
Martin Schnaier, CCO at Sanne, said: “Our new trust or company services provider license enables us to strengthen the services we provide to our APAC clients from large asset managers, investment funds, corporate and financial institutions.”
“The awarding of our trust or company services provider license enhances our fund's capability in the region, which fits our APAC growth strategy and further highlights our global end-to-end services offering in Hong Kong.”
Sanne plans for further expansion to meet the rising demand for outsourced business administration services in Europe, the Middle East and Africa, the Americas, and APAC regions.
