State Street receives regulatory nod to expand trust services in Singapore

9 July 2019 | 1 minute read

State Street Corporation has received a trust business licence from the Monetary Authority of Singapore (MAS), allowing it to broaden its trustee capabilities in the city-state. With the new licence, State Street is now able to act as a trustee for collective investment schemes offered to institutional investors and restricted schemes offered to accredited investors. Prior to obtaining the trust…

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