Asian Wealth Solutions Forum 2019 - Exclusive Insights - Naomi Rive - 2

Naomi Rive of Highvern Trustees

Nov 13, 2019

Jump to section:

1. What role should robust family and family business governance play, and why?

Video transcript

1. What role should robust family and family business governance play, and why?

In mature trust jurisdictions, such as Jersey, we tend to work with families not only on putting wealth structures in place, but also ensuring that we integrate family governance into those structures. One typical structure that we would use to do that is a private trust company structure. And private trust company structures lend themselves extremely well to incorporating family governance through the use of family protector committees, incorporating charters and constitutions. That's perhaps an area that Singapore and Asia haven't seen so much of yet. At the moment, trusts still seem to be more product orientated in this market. And I think that's a really great area where jurisdictions such as Jersey and Singapore could work together to complement each other's services for the benefit of the clients.

More videos from Naomi Rive, Highvern Trustees

Latest Articles

Latest News