New York: In March the new Private Investment Fund (PIF) was the focus of the solid three days of promotion with Paul Wilkes (Collas Crill), Martin de la Mare (Vistra) and Mark le Page (GFSC) providing the expert clout to introductory meetings led by GF’s Kate Clouston and Barnaby Molloy – in New York.
The PIF is Guernsey’s new light-touch addition to its suite of funds, which has a similar feel to a Caribbean product but with the additional layer of comfort that comes with appropriate regulation. The team targeted NY law firms, brokers, managers, industry associations and family offices – where the PIF’s flexibility could suit a variety of clients. While awareness of Guernsey’s fund offering in the US needs to increase, the feedback was tremendously positive and again there are serious opportunities for those of you willing to get on a plane and chase them!
Shanghai: GF’s partnership with Shanghai Finance University, the GTA and Christopher Jehan of Midshore Consulting continued as the second CRS training course was held in Shenzhen on 18 and 19 March. The other tutors supporting the course were lawyer Steven Wang and tax advisor David Zhang, who are strong supporters of Guernsey. The training course itself covered CRS basic knowledge, practical work, implementation for first adapters and existing forms to fill in. 25 professionals attended the course, including IFAs, family office managers, lawyers and end clients. The tutors promoted the messages of Guernsey across the training course with proper structures and solutions, which was well received by the Chinese audience.
Hong Kong: Deputy Chief Minister Lyndon Trott and GFSC Director General William Mason stopped on their way to an MoU signing with the China Insurance Regulatory Commission in Beijing, to conduct a couple of very high level institutional meetings in the city. That was followed by the GFSC visiting for a series of meetings with a select group of local financial services companies to exchange thoughts on Guernsey’s business development in Hong Kong. In these discussions, the PIF regime again generated the most interest.
From Guernsey Finance
Visit the publisher's website: https://www.weareguernsey.com/ Back to all News