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Gibraltar Touts Financial Services In HK, Singapore

by Jason Gorringe, Lowtax.net, London
09 July, 2015

A delegation from Gibraltar recently visited Singapore and Hong Kong to explore areas of mutual cooperation and to promote the island's financial services offerings.

The delegation included representatives from Gibraltar Finance - the territory's financial services promotional agency, the Financial Services Commission, and a contingent from the private sector including lawyers, accountants, fund administrators, insurance professionals, and representatives from the Gibraltar Stock Exchange.

During the visit from July 6-9, 2015, the Gibraltar delegation held technical sessions, including presentations, for professionals in the fund and asset management sectors. The sessions focused on marketing funds in the EU, fund structuring, EU Alternative Investment Fund Managers Directive (AIFMD) solutions, national private placement regimes, and listing on the Gibraltar Stock Exchange.

Following each technical session, Albert Isola, the Minister with responsibility for Financial Services, hosted a financial services lunch. 120 professionals attended in Singapore and 200 in Hong Kong. Isola also attended meetings with private sector professionals in both Singapore and Hong Kong and met with the Hong Kong Monetary Authority and the Securities and Futures Commission of Hong Kong.

In addition, Gibraltar Finance together with members of the delegation, attended and exhibited at the Hedge Fund Startup Forum Asia in Hong Kong.

Isola said: "I am fortunate to be leading such a strong Gibraltar team of professionals on this important trade mission to Singapore and Hong Kong. For the first time we are introducing technical sessions and lunches in both Singapore and Hong Kong, to present the advantages of Gibraltar to our guests. It also serves to underline our commitment to this region, which we have identified as one where there is considerable potential for our financial services community to gain new business, and who we are always ready to support. "

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