Depth, Breadth And Quality Of Guernsey's Financial Services Lauded

Guernsey's in-depth working knowledge of China and Hong Kong outstrips other jurisdictions and it is a place where one can diversify risk, delegates heard at an event celebrating one year of the island's presence in Hong Kong.

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.

Panel member Joseph Yeung, Managing Director of film production insurance specialists HLCG, is utilising Guernsey's captive insurance expertise and 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.