Cayman Data Protection Law
1 August 2019
The new licence expands SANNE’s existing product offering in China, adding bookkeeping, accounting and tax preparation services for Chinese registered entities.
Jing Jing Qian, Managing Director, Asia-Pacific said: “We are delighted to have obtained this new licence. It underlines SANNE’s trusted reputation as a global leader in providing fund accounting and corporate administration services and aligns with our expansion plans as we double our head count in China, strengthening SANNE’s commitment to the Chinese market.”
Mark Law, Chief Commercial officer added: “Quality client service is at the centre of what we do at SANNE. We continue to improve our service offering to clients and obtaining this licence demonstrates our dedication to China and would not have been possible without our highly skilled people.
“The new licence will enhance our already well-established Asian network and market expertise, whilst complementing our existing fund offering in China. The licence allows SANNE to offer a full suite of fund solutions to cater for institutional managers, positioning us well as we seek to further grow our fund servicing business in Asia and internationally.”
The news also comes as SANNE has continued to see strong demand for its outsourced alternative asset, corporate and fiduciary administration and reporting services across its global network of offices.