Eighty attendees learned about the benefits and solutions provided by Guernsey structures for their businesses or clients during a panel discussion at ‘Ganbei Guernsey’ – held at the Hong Kong Bankers Club.
The island was held up as a jurisdiction where it was possible to diversify risk.
Panel member Joseph Yeung, managing director of film production insurance specialists HLCG, is utilising Guernsey’s captive insurance expertise. He explained why he chose the island for his business requirements.
‘It’s very important to potential clients for jurisdictions to have a presence on the ground in Hong Kong and China and Guernsey ticks that box,’ Mr Yeung said. ‘Guernsey knows China and Hong Kong in a way other jurisdictions do not.
‘The personal service and quality of service is at its best in Guernsey and it is a place where you can diversify risk. I also know that any structure I set up there, I won’t have to worry about because Guernsey has high standards of regulation that stand up to scrutiny.’
Full story in today's Guernsey Press
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