Maples Fiduciary, a division of MaplesFS and a provider of specialised fiduciary and corporate administration services, has opened an office in Hong Kong, completing the Maples group’s offering in the region.
"With the use of Hong Kong companies in the types of structures that typically rely on the Maples group for various services, the launch of our Hong Kong office is a natural extension of our offering across multiple jurisdictions," says Hugh Thompson, Global Head of Fiduciary at Maples Fiduciary. "We are continually assessing and reshaping our business to address changing market demands and look forward to providing existing and prospective clients around the globe with a high quality, full service Hong Kong fiduciary offering from our offices in Central."
The initial focus will be on Hong Kong company incorporations and corporate services, while also providing the standard services offered by Maples Fiduciary’s offices globally, including directorships, trusts, board support, private client and accounting services. Maples Fiduciary boasts a strong Asian presence with a full service offering in Singapore, including a Mandarin speaking director. The opening of Maples Fiduciary in Hong Kong is a complement to this and will serve to provide further on-the-ground resources for clients in the region.
Previously with Maples and Calder as a lawyer in London and Hong Kong, Charlie Sparrow has moved to Maples Fiduciary as Regional Head of Fiduciary – Hong Kong where he will oversee the growth of the office and its services. Charlie brings a wealth of expertise in the financial services and international trust sector.
"The opening of a Maples Fiduciary office in Hong Kong marks a significant milestone in our evolution," says Scott Somerville (pictured), MaplesFS' Chief Executive Officer. "Hong Kong is a strategically important market for us and establishing a Maples Fiduciary presence there, to complement our existing legal and fund services operations, reinforces our commitment to the Asian market and its participants and further enables us to capitalise on potential opportunities while delivering our renowned responsive and client-driven service."