Cains, the leading independent law and professional services group, has announced that it is to launch a fiduciary service within its existing Singapore office.
Cains Fiduciaries will launch in Singapore on 1 October and will enable the firm to provide an enhanced service to its growing client base in Asia.
Led by Mike Edwards, head of Cains’ Singapore office, Cains will be the first offshore law firm to offer a dedicated fiduciary service integrated with its law practice and based in Singapore. Cains is already planning the transfer of the portfolios of several key clients based in India and China to Singapore on 1 October.
Oliver Webster, a Director and head of Cains Fiduciaries Limited, said:
"More and more of our clients based in countries such as Malaysia, India, China and Singapore are looking for administration services from a firm with an ‘on the ground’ presence within a convenient time zone and an in-depth understanding of the legal, regulatory and commercial aspects of their business. The launch of Cains Fiduciaries in Singapore will further enhance