Guernsey event to mark first year in Hong Kong

Guernsey Finance is to host an event in Home Kong next month to mark one year of the island’s presence in the jurisdiction.

‘Ganbei Guernsey’ will take place at the Hong Kong Bankers Club on 14 September, to mark the opening of the promotional agency’s representative office in 2016.

Located at Three Pacific Place in Admiralty, the office is a base from which Guernsey Finance conducts its activities with the firm coal services communities concentrated on the wider South East Asian market.

The base is also utilised by the Guernsey Financial Services Commission to provide regulatory advice to those in the region who might be considering Guernsey-specific ventures.

Guernsey Finance deputy chief executive Kate Clouston said in statement announcing the event, that Hong Kong was an important partner for Guernsey in facilitating international capital flows and a variety of wealth management services.

“Guernsey and Hong Kong are partners moving forward at a time when cooperation and transparency are paramount, and the experts from Guernsey’s extensive finance sector can supply much-needed advice about working within international rules and regulations,” said Clouston.

Heritage joint venture

The island has made many inroads into Hong Kong since the establishment of its office, Guernsey Finance said. More recently, Heritage Financial Services Group has established a joint venture with Hong Kong-based Adept Capital Partners Services Limited which will allow Heritage to service both trust and corporate business and potential fund structures out of the region.

“Guernsey’s offering, extending across investment funds, private wealth, banking and insurance, provides an attractive opportunity for diversification and long-term wealth management solutions for intermediaries based in Hong Kong,” added Clouston.

The ‘Ganbei Guernsey’ event precedes an event in Shanghai on 21 September which will celebrate a decade of the island’s presence in China.

ABOUT THE AUTHOR
Gary Robinson
Deputy Editor, International Investment and Head of Video at Open Door Media Publishing. A fully qualified journalist and filmmaker with more than 20 years' financial services experience, both as journalist and originally as an IFA.

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