BVI in Asia – News Roundup
The BVI Government's Representative Office in Hong Kong Opens for Business
5 September 2013 saw the official opening of BVI House Asia, the new Hong Kong home of the BVI International Financial Centre's representative for Asia. The BVI Financial Services Commission (the "FSC") is working to have a physical presence in the office from the first quarter of 2014. Lorna Smith, OBE, is currently serving as the office's interim Director.
The BVI Premier, Dr Orlando Smith, OBE, was in Hong Kong for the launch of the office and a cocktail reception co-hosted by the British Consulate. The Premier and representatives of the FSC took time during their visit to Hong Kong to meet with a number of clients and users of BVI companies and services. The Premier was also a guest speaker at a British Chamber of Commerce lunch at which the topic was: "Offshore, Midshore, Onshore: Challenges and Opportunities". In addition, members of the Maples and Calder BVI team chaired a meeting of industry representatives comprising the major offshore law firms and a number of registered agents and members of the FSC's team to discuss regulatory and client related matters specific to Asia.
New Lawyers Join our Asian Offices
Our Hong Kong and Singapore offices have recently welcomed new arrivals, with Jess Stock relocating from our London office to Singapore and Charlie Sparrow joining our growing private client team in Hong Kong.
Jess's practice encompasses corporate funds and finance work. Charlie joins Richard Grasby's team with a focus on trust structuring and wealth planning.
Upcoming Events - China Offshore Conference, Shanghai, 6-7 November
Maples and Calder lawyers will be participating in the China Offshore Conference to represent the BVI. They will be joined by representatives from the BVI IFC and a number of other BVI service providers. The two-day conference gathers China’s leading financial intermediaries in an in-depth and exclusive discussion forum with bankers, lawyers, offshore professionals, representatives from trust companies and corporate service providers.