Region Area

Lawyers

Richard Grasby

Richard Grasby

Appleby, China

Work Department

Private Client & Trusts

Position

Richard Grasby is a partner in Appleby’s Hong Kong office, leading the Private Client, Trusts and Family Office practice.

Richard advises trustees, ultra-high net worth individuals, private trust companies and family offices on the establishment, restructuring and administration of trusts, including special trusts i.e. BVI VISTA, Cayman STAR and Employee Benefit Trusts. He regularly assists in estate administration, succession planning and family governance. Private clients and family offices instruct Richard to advise on the use of corporate vehicles for asset holding and succession planning purposes. Richard is an expert in regulatory law including AML, AEOI, economic substance sanctions and licensing and risk management for trust companies. He also advises on collective investment funds, particularly unit trusts and private label funds.

Career

Richard has acted for many of the world’s leading trust companies, financial institutions, wealthy individuals and related structures. He has experience with dealing with clients and advisors across the globe.

Richard has over 20 years’ post qualification experience with the majority spent in offshore firms. Richard has lived and worked in Jersey, London, the Cayman Islands and (since 2009) Hong Kong. He is admitted as a solicitor in England and Wales and the British Virgin Islands and is a Registered Foreign Lawyer in Hong Kong. He has also been admitted as an Attorney in the Cayman Islands.

Recently, he has been recognised in the 2023 edition of the Private Client Global Elite Directory.

Languages

English (Native)

Memberships

Richard is an active member of STEP. He has been on the local executive committee since 2012 and is a former chair. He is on the global steering committees for the International Client Special Interest Group. He is a member of the Academic Community and Governance Committee.

He is a member of the Hong Kong Trustee Association, the Family Firm Institute the International Bar Association and the Investment Migration Council.

Education

Richard is an elected Academician of the International Academy of Estate and Trust Law (the only such offshore practitioner in APAC). He is also a Certified Anti Money Laundering Specialist.

Postgraduate Diploma in Legal Practice, College of Law, York, 1997 LL.B. (Hons) Law and French, University of Bristol, 1995 DIPLOMA UNIVERSITÉ DE POITIERS, 1994