“Why Choose Me? A Comparison of Trust Jurisdictions” Panel Highlights BVI’s Strengths
11/10/2024
“BVI has real depth of service providers including those based in Asia as well as a modern suite of laws and structures,” remarked Richard Grasby, a steadfast expert in private wealth from Appleby’s Hong Kong office, as he underscored the advantages of the BVI as a leading International Finance Centre at the Singapore Trustees Association (STA) Conference.
During the panel discussion titled, “Why Choose Me? A Comparison of Trust Jurisdictions,” Richard Grasby joined other esteemed panellists to explore the competitive benefits of traditional offshore and emerging mid-shore jurisdictions, helping clients navigate critical decisions in their wealth planning. Grasby emphasized the distinct strengths of the BVI, explaining why it continues to be a trusted choice for international clients seeking robust and flexible financial solutions.
Grasby remarked, ““It was clear during the STA conference that the private wealth industry is a global one and that practitioners are considering a range of jurisdictions including the BVI”
The Singapore Trustees Association, a key representative for trust companies in Singapore, plays a vital role in shaping the industry by providing recommendations on legislative changes that impact the local trust sector. The STA conference serves as an important platform for thought leadership and exchange of expertise in trust and wealth management.
BVI Finance, as a sponsor of the event, showcased its ongoing support for the international trust and finance sector, reinforcing its commitment to advancing global financial services.
For more information, contact:
Adrianna Soverall
Marketing and Media Relations Coordinator
asoverall@bvifinance.vg |Tel: 284-852-1957