Jersey’s finance industry is set to showcase its services and highlight its newly endorsed regulatory status during visits to Singapore, Hong Kong and mainland China this month, followed by events in the UK and India planned for November.
 
A Jersey delegation, hosted by Jersey Finance Limited, will visit mainland China from 15th – 23rd October. Led by Robert Kirkby, Technical Director and Zhaoan Li, Head of Greater China Business Development. The delegation, will meet leading intermediaries, regulatory officials and other business contacts in Shanghai, while holding presentations at major law firms during their time there.
 
Robert Kirkby commented:
 
“This latest visit to mainland China provides us with the opportunity to highlight those services which are most relevant to the Chinese market, such as capital re-structuring and the management of private wealth and to build on the contacts we established during previous visits to the region.”
 
The Jersey Finance team then moves to Singapore on 20th – 21st October, where Jersey Finance is a sponsor at the STEP Asia Conference. Geoff Cook (Chief Executive) and Robert Kirkby will both be panellists during the conference, whilst Jersey Finance will have an exhibition stand and are sponsoring one of the dinners. The visit culminates the following day with the formal opening of Jersey Finance’s second overseas office, in Hong Kong on 22nd October. The office is designed as a hub for Jersey Finance to communicate the breadth and depth of its financial services across the Asia Pacific region.
 
Robert Kirkby added:
 
“The STEP event in Singapore and the formal reception at our new overseas office in Hong Kong will provide us with opportunities to convey accurate information about Jersey, its regulatory standing and its range of financial services at a time when there are evidently many new business opportunities in the Asia Pacific region. The opening of this office is also a huge step forward for Jersey’s finance industry and reaffirms our commitment to building business in the region over the long term.”
 
In November, Jersey Finance is planning breakfast seminars in both Leeds and Manchester, aimed at locally based trust lawyers, accountants and other finance professionals. The events will focus on the industry’s wealth management capabilities. Geoff Cook will represent Jersey Finance at Legal Week’s flagship Private Client Forum at Lake Como (November 12 – 14) where he is one of the speakers. 
 
Another Jersey delegation is visiting India from 16th – 20th November to build on its growing ties with its contacts in Mumbai and Delhi, including business partners such as the Indian Chamber of Commerce and the Indian Angels Network. The delegation, which will take part in receptions and presentations in each location, will include representatives from Jersey’s Government and the Jersey Financial Services Commission. It is intended to explore treaty opportunities and regulatory co-operation and alignment with the Indian Government and regulatory officials.
 
In addition, Jersey Finance will be sponsoring and exhibiting at Superinvestor 2009, the Private Equity, Venture Capital & LP/GP Relationship Summit taking place in Paris 18th – 20th November. This is an excellent opportunity for networking with key individuals and profiling Jersey’s position on the draft EU Alternative Investment Fund Managers Directive.
 
Geoff Cook commented:
 
“We will also take the opportunity throughout our overseas programme to emphasise the quality of Jersey’s regulatory regime and its international standing which has been reinforced this year by early inclusion on the OECD ‘white list’ of jurisdictions which meet the international standard on tax matters and by the hugely positive outcome of the recent IMF assessment, which states that Jersey is in the ‘top division’ of international finance centres for its regulatory and supervisory practices, ahead of 120 jurisdictions including the UK and US.”
 
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For further information, please contact Geoff Cook, chief executive, Jersey Finance on tel. +44 (0) 1534 836011 or e-mail geoff.cook@jerseyfinance.je
Or Mike Sunier, Crystal PR, on tel. +44 (0) 1534 618613 or e-mail mike@crystalpr.co.uk