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The Third Asia Offshore Forum Successfully Concluded in Hong Kong

On the morning of May 31, 2017, Asia Offshore Association (AOA) raised the curtain of its new annual meeting, the Third Asia Offshore Forum, at Renaissance Harbour View Hotel Hong Kong. By combining group discussions, seminars and speeches, the two-day event had in-depth discussion on topics like the private wealth…
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Shanghai FTZ Welcomes Major Fund Manager Vanguard

Vanguard, the world's largest mutual fund company, officially launched a wholly owned subsidiary in Shanghai's free trade zone at the end of May. The new subsidiary joins Fidelity International, JP Morgan, Aberdeen Asset Management, and Bridgewater Associates as one of just a few investment management companies to set up wholly…
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Jersey Research Highlights China HNW Succession Issues

Jersey's financial services promotion agency, Jersey Finance, has published new research on the key challenges facing wealth management practitioners working with China's wealthiest individuals. The research, "How to service Chinese wealth as it goes global," highlights the practitioners' view that high-net worth and ultra-high net worth individuals in Mainland China…
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Hong Kong, Ireland to Automatically Share Tax Info

Hong Kong and Ireland have signed an agreement on the automatic exchange of tax information (AEOI), with the first exchanges expected to take place in 2018. A spokesperson for the Hong Kong Government said that it has been seeking to expand Hong Kong's AEOI network. Hong Kong now has 12…
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BVI Companies Showcased At 'Belt and Road' Forum

The advantages of British Virgin Islands' companies as vehicles for cross-border trade have been highlighted at a recent forum in Hong Kong, which brought together business leaders to discuss China's "Belt and Road" initiative. More than 650 forum delegates discussed the opportunities arising from the Belt and Road initiative, a…
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IoM Lobbies UK for Inclusion in Post-Brexit FTAs

The Isle of Man's Chief Minister, Howard Quayle, recently said the island is lobbying the UK Government for inclusion in any new post-Brexit free trade agreement between the UK and the EU. He said the UK Government's intention to sit outside both the Customs Union and the EU Single Market…
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Shanghai FTZ Sees Jump in Int'l Trading Companies

The gross value of foreign trade to and from the Shanghai Pilot Free Trade Zone grew by 5.9 percent last year. Foreign trade involving companies in the Zone now represents 27.3 percent of the city's total. Releasing the statistics, the free zone authority said they highlight the importance of the…
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