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Fiona Le Poidevin, chief executive of Guernsey Finance

Guernsey delegation heads back to Asia


A delegation from Guernsey is heading to Asia to attend a major international fiduciary conference in Hong Kong before visiting both Shanghai and Beijing.

The trip comes just two weeks after a team returned from attending a private equity funds conference, SuperReturn Asia, in Hong Kong.

The delegation will be led again by Fiona Le Poidevin (pictured), chief executive of Guernsey Finance – the international promotional agency for the Island’s finance industry. She will be accompanied by her predecessor, Peter Niven, who remains a consultant at Guernsey Finance until the end of the year.

Le Poidevin says: "Our visit to Hong Kong at the end of September was extremely useful in promoting Guernsey as an investment funds domicile and now we are going back to specifically promote the Island’s expertise in providing services to private clients.

“Guernsey has a very strong heritage in using structures such as trusts and companies and of course, our new foundations legislation was approved locally at the end of July. This is now awaiting Royal Assent from the Privy Council, which is expected either late this year or early in 2013 but we have already held our launch event in London and we will also be promoting Guernsey Foundations heavily at STEP Asia in Hong Kong.”

The delegation departs Guernsey for Hong Kong on 13 October and returns from Beijing to Guernsey on 24 October.

Guernsey Finance is one of the lead sponsors at the STEP Asia conference, which takes place on 16 and 17 October at the Grand Hyatt Hotel in Hong Kong. Assisting on the stand will be Jarrod Cowley-Grimmond, director of finance sector development at the Commerce and Employment Department of the States of Guernsey.

The number of attendees with a connection to the island totals nearly 20, with industry members assisting on the Guernsey Finance stand including representatives from Carey Olsen, Collas Crill, Confiance and Richmond Fiduciary Group and other Guernsey-based firms with representatives at the conference including Appleby, Louvre, Mourant Ozannes, Nerine and Ogier.

Guernsey Finance is hosting a breakfast seminar on the second day of the conference to promote Guernsey Foundations.

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