A tax-free hub for high-value assets The Luxembourg Freeport opened its doors in September of last year. It is a 22,000m² high-tech logistic platform for storing valuable goods, located at the international airport. It is used by corporate and private collectors, investors, banks, museums, family offices, investment funds and others, who benefit from the Freeport’s storage and related-services. The Luxembourg Freeport is unique in the European Union, and it enhances the attractiveness of Luxembourg as a wealth-management centre. Customers from Luxembourg’s financial centre are now able to source services in Luxembourg in respect of their valuable collections. A work of art Luxembourg continually diversifies its financial centre,...
Martin Crawford, Chief Executive Officer of Vistra Group and John Ashwood, Managing Director of Vistra Hong Kong shared how the rebranding of Vistra Group brings better synergy, stronger connectivity and greater global reach in the February/March issue of the Hong Kong DutchCham Magazine. Under the new brand, Vistra Group will benefit from seamless end-to-end services to clients and can compete more effectively globally.
Click here to view the full article.
Vistra Hong Kong has been shortlisted for WealthBriefing Asia Hong Kong Awards 2015 under the ‘Independent trust or fiduciary company’ category. Last week, it has been announced that Vistra Singapore was shortlisted for the same category for the Singapore Awards.
Winners will be announced at a gala awards dinner which will be held in Hong Kong on 23 April 2015 at the JW Marriott, Pacific Place, Hong Kong.
In a recent interview with InvestHK, Vistra Group’s Chief Executive Officer Martin Crawford explained how the Group has confidence in Asia’s economic outlook and relocated its global headquarters from Geneva to Hong Kong. Considering the opportunity in Mainland China market and connectivity of Hong Kong, the Group has decided to put more focus on Asia and hence the global headquarters.
Click here to read the full article published by InvestHK in March 2015.
Vistra has been awarded the International Standard on Assurance Engagements (ISAE) 3402 Type 1 Certification for internal controls relating to Depositary Services in the Netherlands. The examination report was issued by Mazars.
There are two types of ISAE 3402 reports: Type 1 refers to the design and existence of internal management measures, and Type 2 certification which reports on the effective functioning over a defined period.
Peter Soesbeek, Director leading Vistra's Depositary Services team, stated: "Gaining this certification specific to our depositary services is a credit to the hard work of the team. We are now working towards achieving Type 2 Certification by the end of 2015."
ISAE 3402 is a global assurance standard...