Guernsey has been working hard to establish links with
jurisdictions in Asia. Many private client businesses face issues
which hinder progress including failing to do the necessary
research into the cultural differences, the current attitudes to
wealth preservation and succession planning and not fully
appreciating the long standing relationships in the chase for new
business. Nerine Trust (Hong Kong) Director Melanie Rihoy examines
the current state of play in Asia and why Guernsey as a
jurisdiction is well placed to meet the challenges and provide
ideal solutions for the Asian market.
The Guernsey finance sector has a long connection with Asia with
regular visits to the region over the years and, more recently,
establishing offices in places like Hong Kong, China, Singapore and
India. It is understandable that there is keen interest in Asia
with several fast growing economies and many high net worth
individuals looking for wealth planning solutions. There are
