Asiaciti Trust
| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 1978 in British Hong Kong |
| Founder | Graeme W. Briggs |
| Headquarters | Singapore , Singapore |
Area served | Asia, Americas, Pacific region |
Key people | Colin Porter (Group Managing Director), Kate Weiss (Managing Director, New Zealand), Ross Belhomme (Managing Director, Singapore) |
| Products | Corporate services, fiduciary services, wealth protection, administration |
Asiaciti Trust is a global financial services firm that originated in Hong Kong and operates throughout Asia, the Americas, and the Pacific region. Its primary services encompass corporate solutions, fiduciary oversight, wealth safeguarding, and administrative support.
Background
Established in 1978 in British Hong Kong by Australian Graeme W. Briggs—who previously served as an international tax partner at Marquand & Co—Asiaciti Trust expanded by acquiring Marquand's international divisions in 1975. Briggs also played a key role as a founding Senator of the Offshore Institute. The company shifted its main office to Singapore towards the end of 1984.
Recent executive appointments include Colin Porter taking on the role of Group Managing Director in September 2020. That same year, Kate Weiss was appointed Managing Director for the New Zealand branch. In January 2021, Ross Belhomme assumed the position of Managing Director at the Singapore office.
Controversy
Asiaciti Trust has been implicated in both the Paradise Papers and Pandora Papers disclosures. The Pandora Papers exposed the firm's involvement in facilitating offshore entities for Kirill Androsov, an ex-advisor to Russian president Vladimir Putin, enabling transactions linked to oligarch Oleg Deripaska. Additionally, the company provided services to Moldovan fugitive politician Vladimir Plahotniuc. These connections have prompted regulatory investigations, including inquiries by Singaporean authorities into adherence to anti-money laundering regulations.