1、 Kong Trust Industry Spotlight 2025Navigating change and embracing growthContentsForewordAcknowledgmentsKey findings at a glanceCurrent state of the industrySize of the Hong Kong trust market Key industry developmentsA look back on the progress already made Recent milestones Macro trends and growth

2、opportunitiesIncreasing access to Chinese Mainland clients Attracting private wealth Embracing virtual assets Challenges to overcomeRising compliance costs and industry consolidationAttracting talent ESG investment:Overcoming misalignment between ambition and realityLooking ahead Hong Kongs role as

3、a trust jurisdiction Strengthening Hong Kongs charitable sector Addressing gaps in the regulatory regimeLegislative changes to enhance Hong Kong as a trust centreAppendix Trust Training Certificate 2.0 details Glossary About the HKTA About KPMG China Contact us 34568101112192022242525272930303132333

4、43435363738123456Appendix 2025 KPMG,a Hong Kong(SAR)partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited,a private English company limited by guarantee.All rights reserved.2025 Hong Kong Trustees Association Ltd.All righ

5、ts reserved.Hong Kong Trust Industry Spotlight 20252ForewordAcknowledgmentsKey findings at a glanceCurrent state of the industryKey industry developmentsMacro trends and growth opportunitiesChallenges to overcomeLooking aheadAppendixWelcome to the Hong Kong Trust Industry report,co-authored by the H

6、ong Kong Trustees Association(HKTA)and KPMG China.Much has transpired since our last report in 2021.The global economy has faced significant challenges,from the lingering effects of the pandemic to geopolitical uncertainties and market volatility.Yet,amidst these headwinds,the Hong Kong trust and fi