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GALA TRUST AND MANAGEMENT SERVICES (GALA TRUST) and REGAL TRUST LTD. are companies that belong to Grupo Gala, whose holding company is the law firm GALINDO, ARIAS & LOPEZ.
The
two companies combine to offer specialized expertise in the field of
effective estate management. At present they manage a significant
number of trusts, maintaining one of the largest trust portfolios in
the country, representing over 20% of the total number of trusts
managed by law firms in Panama. Management of these portfolios is
handled by qualified professionals who, using state-of-the-art computer
systems, leverage their vast experience in trust management to add
value for our customers.
The success of Gala Trust and Management Services, Inc. and Regal Trust Ltd. is based on our integrity, accountability and administrative excellence in managing assets received in trust.
Background
Gala
Trust and Management Services, Inc. is a company duly incorporated
pursuant to the laws of the Republic of Panama. Its Articles of
Incorporation were formalized by Public Deed No. 5,875 dated July 23,
1981, as registered at the Public Registry in the Microfiche Section
(Mercantile), Fiche 075941, Roll 6659, Image 0080, effective August 5,
1981. In 1982 a type “B” commercial license was obtained, granted by
the Ministry of Commerce and Industry, and in 1996, through Fiduciary
Resolution No. 10-96 of October 31, 1996, a fiduciary license for the
exercise of trust activity was obtained.
The
Superintendent of Banks provides ongoing oversight of the company to
ensure our compliance with all requirements related to the operation of
trusts, the “know your client” policy, as well as due administration of
assets received in trust. In addition, we are audited every year
by an prestigious auditor company, which in turn reports to the
Superintendent of Banks.
Gala Trust and Management Services, Inc. is listed on the New York Stock Exchange as stockholder.
Vision and Mission
Our Mission
To provide professional and reliable trust advice to our domestic and
international customers with administrative excellence, accountability
and total integrity in the management of assets received in trust.
Our Vision
To continue to build on our recognized leadership position within the
country's financial community, based on the quality of fiduciary
services we provide through Gala Trust and Management Services, Inc.
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