Hong Kong’s Rise as a Wealth Hub Drives FGA Trust Strategy

The shift in global capital is underpinned by a new reality: the Common Reporting Standard has effectively dismantled the era of financial opacity. With over 100 jurisdictions now automatically exchanging account data, FGA Trust is shifting its focus from simple administration to dynamic, technology-enabled stewardship. Harilela emphasizes that for mobile families, the quality of a firm’s compliance infrastructure is now as critical as the legal integrity of the trust itself.

Recent legislative updates in Hong Kong, particularly the 2026 Inland Revenue (Amendment) Bill, have further bolstered the city's appeal. By expanding tax concessions for Family-owned Investment Holding Vehicles to include digital assets and private credit, the region is positioning itself as a flexible base for global wealth. FGA Trust is leveraging this by integrating these vehicles directly into its trust structures, allowing clients to maintain legal protection while navigating a tightening global regulatory landscape. Looking ahead, the firm is expanding its operational footprint, with eyes on a potential Dubai office to serve the growing corridor between Asia, Africa, and the Middle East.