Tricor Services

Tricor Services

Tricor is the leading business expansion specialist in Asia headquartered in Hong Kong, with global knowledge and local expertise in business, corporate, investor, human resources and payroll, as well as corporate trust and debt services. The arrival of group general counsel and chief compliance officer Judy Wong in October 2018 marks the foundation of the group office legal function of four lawyers, who had previously been based in and assigned to separate offices. Prior to Wong’s appointment, Tricor had no standardisation of practice, client service agreements or legal function and the different business functions in the various jurisdictions operated largely as distinct and separate entities. The establishment of the group legal function brings a centralised structure with direct reporting lines to the group general counsel as part of the Group’s operations and has already made a positive impact on the company. Tricor’s growth has been founded through the acquisition of accounting, company secretarial, share registration and related services from major international accounting firms and other leading professional firms and the legal function has helped with these acquisitions, including the acquisition of China’s most prominent corporate services company, Richful Deyong. Wong has also focused the team on implementing a group wide transformation strategy in managing risk and compliance for the Tricor Group’s overall legal affairs. Summing up the team’s ethos, Wong says: ‘We are a motivated and agile team with a firm goal to put in place a solid group legal structure, culture and strategy as Tricor undergoes exciting transformation, growth, and expansion. Acquisitions are a crucial part of the firm’s long-term business strategy. As Tricor expands its business in new markets worldwide, it is critical to maintain a solid group legal structure that enhances integration and synergy of our global resources, assets, and processes to deliver on the team’s goal of achieving “One Tricor”, which lies at the heart of Tricor’s operations’. Corporate social responsibility, paramount to Tricor’s corporate culture, is another area the team contributes to; from 2017 to 2018, Tricor allocated over 15% of its entire marketing budget to various CSR initiatives, spanning sponsorships and campaigns to events.