HSBC Bank Malta plc has launched a new trust service enabling customers to benefit from recent amendments to the trust law.
Emmanuel Magri and Jan Sammut will lead the trust services team. Both have extensive careers at HSBC and are authorised by the Malta Financial Services Authority to act as trust managers.
By their very nature, trusts are confidential but are a flexible legal instrument that can be used by individuals and commercial entities for a variety of purposes including inheritance and estate planning, portfolio and asset management and commercial and corporate restructuring.