Hong Kong Trust Industry Well Positioned for Growth as Regulations Boost Credibility and Investor Confidence, KPMG and HKTA Report Shows
- Recent regulatory changes enhance credibility for corporate trustees but add to complexity and costs
- New eMPF Platform to reshape Hong Kong's pension system and bring wave of change for pension trustees
HONG KONG SAR - Media OutReach Newswire - 18 March 2025 - Access to Chinese Mainland clients, Asia's growing private wealth sector and improving industry credibility are underpinning a positive outlook for Hong Kong's trust industry, provided practitioners can overcome the headwinds of increasing compliance costs and access to talent, according to a survey from the Hong Kong Trustees' Association (HKTA) and KPMG.