Our Dedicated Governance Structure
Rockwills Trustee Limited is governed by the Trust Companies Act (Chapter 336). As a licensed financial institution, Rockwills is also supervised by the Monetary Authority of Singapore (MAS).
Rockwills Trustee Limited has four committees, consisting of executive and non-executive directors, to oversee both the internal and external audit functions (Audit Committee); to oversee the onboarding and administration of trusts (Trust Committee); the assessment of risk policies and procedures as well as the review and execution of ongoing compliance matters to ensure adherence to various local and international legislation (Risk and Compliance Committee); the review of risk and performance of investment portfolios (Investment Committee); and the review of the overall trust business, including the suite of products offered and the marketing of products to our customers (Board).
An internal audit unit, reporting to the Audit Committee, further strengthens Rockwills’ corporate governance. The company continually seeks to improve its standard of corporate governance to maintain the trust and confidence of its stakeholders.