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The Hong Kong Companies Registry has granted Sanne Group Asia a licence to provide trust or company services in Hong Kong.
Sanne says that it will enable the firm to provide an "enhanced suite of services" to Asia-Pacific (APAC) alternative investment managers, in addition to its existing offering as a trust or company service provider.
The award of this licence comes just over a year after SANNE appointed Mark Law as Managing Director, Alternative Assets – APAC & Mauritius. Mr Law (pictured right) said: "The granting of this TCSP licence to SANNE highlights our credentials as a trusted provider of trust or company services. It also demonstrates our commitment to Hong Kong and the country’s financial services sector."
Martin Schnaier, Chief Commercial Officer at SANNE said: "Our new TCSP licence 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 TCSP licence enhances our funds capability in the region, which fits our APAC growth strategy and further highlights our global end-to-end services offering in Hong Kong."
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