Financial institutions often serve many different customers in many different sectors, including customers in sectors with higher inherent integrity risks. The sector in which a customer operates is one of the factors that a financial institution...Read more
Providing trust services in a professional capacity or on a commercial basis
Companies must be licensed if they provide trust services in a professional capacity or on a commercial basis.
If these trust services are provided on a one-off basis or very occasionally, your company does not need a licence. Trust services are, however, subject to a licence requirement if you actively promote them, for instance by advertising them, and also if you provide the service for different customers.
Information on applying for a licence as a trust office
Authorisation, yes or no?
Applying for authorisation
- Trust offices