Hong Kong Fiduciary Association Malaysia

04/09/2026

When your property, investments, companies, and other assets are all held personally, they can become much easier to connect back to you.

As your wealth grows, the issue is no longer just what you own but how your ownership is structured.

A proper structure can help create clearer separation, stronger privacy, and better long-term wealth planning.

Holding more assets is one thing. Structuring them properly is another.

03/09/2026

【𝐇𝐨𝐧𝐠 𝐊𝐨𝐧𝐠 𝐀𝐩𝐩𝐫𝐨𝐯𝐞𝐬 𝐂𝐫𝐲𝐩𝐭𝐨 𝐌𝐚𝐫𝐠𝐢𝐧 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 𝐚𝐧𝐝 𝐏𝐞𝐫𝐩𝐞𝐭𝐮𝐚𝐥 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐬】

Hong Kong’s Securities and Futures Commission (𝐒𝐅𝐂) has introduced new regulatory measures for virtual assets, allowing eligible licensed institutions to offer crypto margin financing to clients, while also establishing a regulatory framework for perpetual contracts on licensed virtual asset trading platforms.

Under the financing framework, qualified licensed intermediaries may provide 𝐯𝐢𝐫𝐭𝐮𝐚𝐥 𝐚𝐬𝐬𝐞𝐭 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 to securities margin clients. At this stage, Bitcoin and Ethereum are the main virtual assets eligible to be used as collateral. These arrangements remain subject to client suitability assessments, collateral management requirements, and internal risk controls.

Hong Kong is also opening the door further to perpetual contract products. Licensed virtual asset trading platforms may offer perpetual contracts in accordance with regulatory requirements, although access is currently limited to professional investors. Platforms must also 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐜𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐫𝐢𝐬𝐤 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐦𝐞𝐚𝐬𝐮𝐫𝐞𝐬, including leverage limits, margin requirements, liquidation mechanisms, and enhanced risk disclosures.

In addition, regulators are allowing eligible affiliated entities to act as market makers on licensed crypto platforms, with the aim of 𝐢𝐦𝐩𝐫𝐨𝐯𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 𝐝𝐞𝐩𝐭𝐡, 𝐥𝐢𝐪𝐮𝐢𝐝𝐢𝐭𝐲, 𝐚𝐧𝐝 𝐩𝐫𝐢𝐜𝐞 𝐝𝐢𝐬𝐜𝐨𝐯𝐞𝐫𝐲 through a more structured market-making framework.

What makes this policy significant is not simply that Hong Kong is introducing more crypto products. More importantly, it is gradually 𝐛𝐫𝐢𝐧𝐠𝐢𝐧𝐠 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠, 𝐥𝐞𝐯𝐞𝐫𝐚𝐠𝐞, 𝐝𝐞𝐫𝐢𝐯𝐚𝐭𝐢𝐯𝐞𝐬, 𝐚𝐧𝐝 𝐦𝐚𝐫𝐤𝐞𝐭-𝐦𝐚𝐤𝐢𝐧𝐠 𝐚𝐜𝐭𝐢𝐯𝐢𝐭𝐢𝐞𝐬 already common in overseas crypto markets into a licensed and regulated financial ecosystem.

From spot trading and stablecoins to margin financing and perpetual contracts, Hong Kong’s direction is becoming increasingly clear: 𝐜𝐫𝐲𝐩𝐭𝐨 𝐢𝐬 𝐠𝐫𝐚𝐝𝐮𝐚𝐥𝐥𝐲 𝐞𝐯𝐨𝐥𝐯𝐢𝐧𝐠 𝐟𝐫𝐨𝐦 𝐚𝐧 𝐚𝐥𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐯𝐞 𝐚𝐬𝐬𝐞𝐭 𝐜𝐥𝐚𝐬𝐬 𝐢𝐧𝐭𝐨 𝐚 𝐦𝐨𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐚𝐧𝐝 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥𝐢𝐳𝐞𝐝 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐢𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞.

02/09/2026

PRIVATE WEALTH BREAKDOWN SERIES 06 :
Explaining Why Large Payouts Become Banking Problem

A large payout doesn't automatically create risk.

Receiving it personally often does.

The moment significant funds land under your name,
they become part of your financial profile.

Not just another transaction.

Banks don't only review the money.
They review the person receiving it.

Does the transaction fit?
Does the profile make sense?
Can the movement be explained?

That's why legitimate funds can still face delays, reviews, or additional questions.

Not because the money is wrong.
Because everything is connected to one individual.

Many international families think differently.

Before the money moves,
they think about how ownership is structured.

Because the way wealth is received can matter just as much as the wealth itself.

📩 If you're expecting a large commission, crypto payout, or investment return, it may be worth reviewing your structure before the funds arrive.

28/08/2026

Your wallet may be private. Your wealth may not be.

Cold wallets can protect your crypto, but not necessarily your financial privacy.

Once your crypto starts interacting with banks, property, or business transactions, your wallet history and fund movements may become more visible.

Then the questions become:

Where did the funds come from?
Can the transaction journey be explained?
Who legally owns the assets?

Privacy is not only a technology issue.

It is also a wealth structure issue.

The goal is not to hide your wealth, but to keep it properly structured, explainable, and better protected from unnecessary exposure.

Plan the structure before you move the funds.

📩 Reach out to discover why more internationally minded crypto investors are paying attention to wealth structuring and financial privacy before problems arise.

20/08/2026

Congratulations to HKTCM on this exciting new partnership with Columbus Private (Suisse) SA!

This collaboration marks an important step in strengthening the connection between Hong Kong and Switzerland in cross-border trust and wealth management, while creating greater opportunities to serve international families and high-net-worth clients across jurisdictions.

Wishing HKTCM team every success as they embark on this exciting new chapter. 👏🌏

𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻𝗶𝗻𝗴 𝗛𝗼𝗻𝗴 𝗞𝗼𝗻𝗴 𝗮𝗻𝗱 𝗦𝘄𝗶𝘁𝘇𝗲𝗿𝗹𝗮𝗻𝗱 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗖𝗿𝗼𝘀𝘀-𝗕𝗼𝗿𝗱𝗲𝗿 𝗧𝗿𝘂𝘀𝘁 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀

Hong Kong Trust Capital Management Limited (HKTCM) has entered into a strategic trust services partnership with Swiss trust company Columbus Private (Suisse) SA, establishing a stronger professional connection between Hong Kong and Switzerland across international trust and wealth management. 🤝

Columbus Private (Suisse) SA, headquartered in Geneva, Switzerland, specialises in trust services, asset management, family office services and private wealth succession. Under the Swiss Financial Institutions Act, the company is authorised by the Swiss Financial Market Supervisory Authority (FINMA) as both a “Portfolio Manager” and “Trustee”, making it one of the first five trust institutions to receive such authorisation. It was also recognised at the WealthBriefing 2026 across three categories: Servicing Asia Clients, Servicing Eastern European Clients and Wealth Planning, reflecting its established expertise in private wealth and fiduciary services. 🏆

The partnership combines Hong Kong’s professional strengths with international resources to expand cross-border trust and wealth management services for international families and high-net-worth clients. 🌏

深化香港與瑞士合作，拓展跨境信託服務

香港信託資產管理有限公司（HKTCM）與瑞士信託公司 Columbus Private (Suisse) SA 正式達成信託服務戰略合作，進一步深化香港與瑞士在國際信託及財富管理領域的專業連結。🤝

Columbus Private (Suisse) SA 總部位於瑞士日內瓦，專注於信託、資產管理、家族辦公室及私人財富傳承等專業服務。依據《瑞士聯邦金融機構法》，其獲瑞士金融市場監管局（FINMA）授予「投資組合管理人」及「受託人」雙重牌照資格，成為首批五家信託機構之一。同時，其於 WealthBriefing 2026 榮獲亞洲客戶服務、東歐客戶服務及財富規劃三項大獎，展現其在私人財富及信託服務領域的專業實力。🏆

此次合作將進一步鞏固香港的專業優勢，連接國際資源，拓展跨境信託與財富管理服務，為國際家族及高淨值客戶提供更全面的財富管理與傳承支持。🌏

19/08/2026

【𝐇𝐨𝐧𝐠 𝐊𝐨𝐧𝐠 𝐀𝐩𝐩𝐫𝐨𝐯𝐞𝐬 𝐅𝐢𝐫𝐬𝐭 “𝐃𝐢𝐠𝐢𝐭𝐚𝐥𝐥𝐲 𝐍𝐚𝐭𝐢𝐯𝐞” 𝐓𝐨𝐤𝐞𝐧𝐢𝐬𝐞𝐝 𝐅𝐮𝐧𝐝】

Hong Kong has approved its first 𝐝𝐢𝐠𝐢𝐭𝐚𝐥𝐥𝐲 𝐧𝐚𝐭𝐢𝐯𝐞 𝐭𝐨𝐤𝐞𝐧𝐢𝐬𝐞𝐝 𝐟𝐮𝐧𝐝, marking another step in the city’s push into digital assets.

The 𝐁𝐚𝐢𝐥𝐥𝐢𝐞 𝐆𝐢𝐟𝐟𝐨𝐫𝐝 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐝 𝐘𝐢𝐞𝐥𝐝 𝐅𝐮𝐧𝐝 (BAGEY) mainly invests in short-term US dollar government and corporate bonds. It will operate on both Ethereum and Solana and is open to professional investors.

𝐖𝐡𝐚𝐭 𝐦𝐚𝐤𝐞𝐬 𝐁𝐀𝐆𝐄𝐘 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭 is that the public blockchain itself serves as the official ownership record. In simple terms, the token directly represents the investor’s legal rights to the fund assets, rather than just being a digital copy of records kept in the traditional financial system.

The approval also shows how Hong Kong is accelerating its development of tokenisation and blockchain-based finance, as major US firms such as BlackRock and Franklin Templeton move in the same direction.

The bigger question now is whether more traditional funds and bonds will eventually move directly onto blockchain infrastructure.

18/08/2026

PRIVATE WEALTH BREAKDOWN SERIES 05 :
Why Your USDT Wallet May Reveal More Than You Think

Many people assume a USDT wallet is private because their name does not appear on it.

But every on-chain transaction leaves a trail.

Wallet balances, transaction history, counterparties, and fund movements can often be traced.

This becomes more important when crypto enters the traditional financial system, where banks may look beyond the wallet balance and assess the overall source of funds story.

For high-net-worth crypto holders, privacy is not just about the wallet itself.

It is also about how assets are owned, documented, and structured.

The real question is:

Can the story behind your USDT be clearly explained when it matters?

14/08/2026

High-net-worth families rarely have an asset problem.
They often have a structure problem.

As wealth becomes more complex, the real question is no longer simply:

“Should I set up a Trust or a Family Office?”

For business owners, investors and families with cross-border assets, the bigger questions are:

• How should assets be owned and controlled?
• How should wealth pass to the next generation?
• Does your current structure still match the complexity of your wealth?

A Trust may solve certain needs.
A Family Office may solve others.

And for some families, the right structure may involve both.

The best solution should be built around your assets, family, jurisdictions and long-term objectives.

If personal ownership alone is no longer enough, it may be time to review the bigger picture.

Speak with our advisors to explore a private wealth structure designed around you.

13/08/2026

Growing your business isn't always about finding more clients.

Sometimes, it's about becoming more valuable to the clients who already trust you.

As your clients build more wealth, their needs naturally become more sophisticated.

Conversations that once focused on investments begin to expand.

Into asset protection.

Cross-border wealth structuring.

Business succession.

Family legacy planning.

No professional is expected to have every answer.

But the professionals who stay at the center of their clients' wealth journey know when to bring in the right expertise.

Every introduction strengthens trust.

Every solution reinforces your value.

And every successful collaboration helps you remain the advisor your clients continue to rely on as their wealth evolves.

📩If you'd like to explore how strategic collaboration can help you create more value for your existing clients, I'd be happy to arrange a private discussion.

11/08/2026

PRIVATE WEALTH BREAKDOWN SERIES 04 :
Why Tax Planning Today May Need More Than Tax Advice

Many people think tax planning is simply about paying less tax.

But today, wealth is often spread across different countries, banks, businesses, and asset types.

As your financial structure becomes more complex, it becomes increasingly important to consider not only tax rates, but also how your assets are held, reported, and managed.

Tax planning is no longer just about reducing tax. For some internationally exposed individuals and families, it is also about building a structure that remains clear, practical, and sustainable.

The real question is:

Is your tax planning looking at your entire wealth structure?