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Trust Company

We understand your needs and concerns. As a Trust Company, meeting regulatory requirements and being updated on the latest developments and regulations are essential in complying with the Monetary Authority of Singapore’s (“MAS”) high standards of quality.

RHT Compliance Solutions (“RHTCS”) is here to assist you with your compliance needs. The MAS has been coming down hard on Trust Companies in recent months. The MAS imposed hefty composition penalties to companies which fail to comply with the regulations, especially in areas such as Anti-Money Laundering and Countering the Financing of Terrorism (“AML/CFT”) and the verification of Source Of Funds (“SOF”) and Source Of Wealth (“SOW”). Get in touch with us to find out how we can be of assistance. Our rates are competitive, and you can be assured of peace of mind.

We care for your business and we are committed to helping you stay compliant.

Compliance Advisory Services

Independent party to check on your compliance
manual and other policies and procedures

Complement your in-house compliance team

Cost effective

Be advised on the latest regulations

What RHT CS will offer

Ensure compliance manual and
other policies and procedures
are up-to-date in accordance
with MAS’s latest regulatory
developments

Advise on the effectiveness
of the AML/CFT controls and
procedures

Ensure proper Client Onboarding
procedures and documentation

Advise on proper verification and
documentation of clients’ SOF and
SOW

AML/CFT training for the members
of the trust company

References on MAS recent Enforcement Actions on Trust Companies

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RHT Compliance Solutions is a premier Compliance Service Advisory firm based in Singapore.

Our team comprises experienced and certified professionals with extensive regulatory, compliance and risk management experience from Singapore, Indonesia, Hong Kong and the broader region. The team is well equipped to provide clients with intelligent, risk-focused and cost-effective solutions.

RHT Group of Companies is an integrated ecosystem offering consultancy and fintech advisory services. When you engage us, you can be assured of a one-stop seamless service and multi-dimensional advisory afforded by our network of companies, backed by a team of capable leaders and effective individuals with expert knowledge. We are equipped to serve you at every stage of your business.