Article 13 — Scope of Services

13.1 The scope of services that a Single Family Office may provide will be specified in the Single Family Office'sLicence.
13.2 The provision of services to a Single Family means providing services to one or more of the following:
(a) one or more Family Members;
(b) a Family Fiduciary Structure; or
(c) a Family Entity.
13.3 A Single Family Office may provide services to a Single Family in relation to one or more of the following activities:
(a) investment and financial activities or services including making arrangements for the acquisition or disposal of assets of any description and the provision of advice relating to the arranging or execution of transactions in investments;
(b) the management of investments, money and other assets on behalf of the Single Family;
(c) arranging or providing custodian or fiduciary services to the Single Family including acting as trustee in relation to investments, money and other assets on behalf of the Single Family or the beneficiaries of trusts or similar arrangements established by the Single Family Office;
(d) accounting;
(e) the acquisition, transfer, disposal or distribution of assets or property of the Single Family for philanthropic and charitable purposes under arrangements made by the Single Family Office;
(f) the provision, formation, operation and administration of a Family Fiduciary Structure, or a Family Entity;
(g) acting as directors, partners or in a similar capacity in relation to Family Fiduciary Structures, Family Entities, or trusts established by the Single Family in question outside the QFC; and
(h) other services falling within the Permitted Activities specified in Schedule 3, Part 2 to the QFC Law as may be determined by the QFC Authority from time to time and included in the Single Family Office'sLicence.
13.4 A Single Family Office may provide services only to a Single Family and must not, except in relation to a Single Family:
(a) hold itself out to third parties as engaging in any Permitted Activities by way of business in or from the QFC;
(b) solicit any third party to engage with it in carrying on any Permitted Activities by way of business in or from the QFC; or
(c) engage in any activity that constitutes a Regulated Activity by way of business, unless duly authorised by the Regulatory Authority.