Offshore

Compliance Corner: Trustconsult Wins Monaco Licence

Editorial Staff, 10 February 2022

articleimage

The latest compliance news: regulatory developments, punishments, guidance, permissions and new product and service offerings.

Trustconsult, the Luxembourg-originated international trust boutique, has acquired a corporate service provider licence in Monaco, which will expand its client footprint. The new licence allows Trustconsult to extend its service range to clients who wish to either relocate their tax residence or who are already established in the Principality.

The Monaco licence is also aimed at helping the local professional community to secure on-site support for corporate, trust, and fund structuring services throughout the other jurisdictions covered by the group, Christian Bühlmann, founder of Trustconsult, and managing director of Trustconsult Monaco Sàrl, said.

Private Trust Partners Sàrl, (a wholly-owned subsidiary of Trustconsult) created simultaneously in Monaco, seeks to help and advise clients in corporate finance, real estate, and private equity transactions.

The firm has a presence in Brussels, Geneva, Luxembourg, Hong Kong, and Dubai and is celebrating its 20th anniversary this year.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes