Vistra Trust (Singapore) Pte. Ltd receives Monetary Authority of Singapore findings

Singapore, 20 January 2022: Vistra, a leading provider of expert advisory and administrative support to Fund, Corporate, Capital Market and Private Wealth clients, announced today that the Monetary Authority of Singapore (MAS) identified certain AML/CFT findings on Vistra Trust (Singapore) Pte. Ltd (VTSPL) that occurred between 2013 and the beginning of 2019 during an inspection in 2019. The findings are historic in nature and there is no suggestion that Vistra has engaged in or facilitated its clients in money laundering activities.

All findings raised by the MAS are fully and satisfactorily remediated, as validated through an independent third-party review. VTSPL has put in place a robust governance and risk management framework and continues to invest in and strengthen its processes.

Vistra is committed to conducting business in accordance with all applicable laws and regulations in the 46 markets where we have a presence. With over 5,000 professionals across Asia-Pacific, EMEA and the Americas, managing 200,000 legal entities, our internal frameworks are based on the laws, and regulations in the jurisdictions in which we operate. These help us identify the relevant regulatory requirements and implement robust procedures to meet these requirements.

About Vistra

At Vistra, we believe your business and your people can make a difference in the world. That’s why our work is focused on helping our clients act with confidence and speed to seize opportunity wherever it arises. As a global corporate service provider and fund administrator with more than 5,000 professionals in over 45 jurisdictions, we empower legal entities globally to work smarter, grow faster, act responsibly, protect capital and scale across borders — by doing what we do best: reducing risk and enhancing efficiency. Discover how we can help you and your business seize opportunity today by exploring our services at vistra.com.