Guernsey: Guernsey Lawyer Leads Mourant Ozannes' Move Into Asia
Last Updated: 2 February 2012

Mourant Ozannes has opened an office in Hong Kong to provide clients and intermediaries with access to the firm's offshore legal services in an Asian time zone.

The office opening has been timed to coincide with celebrations for Chinese New Year, giving Mourant Ozannes' Asian office an auspicious start date in 2012 - the Year of the Dragon.

The office has opened with three partners and will focus initially on investment funds, corporate and finance, and trusts and private client, for which the firm has an international reputation.

Paul Christopher has relocated from Guernsey to Hong Kong to oversee the establishment of the office as Managing Partner. He is joined by new Mourant Ozannes partners, Alex Last and Simon Lawrenson and senior lawyers Bronwyn King and Danielle Roman.

Jonathan Rigby, Managing Partner of Mourant Ozannes, said: "Many of our clients are based in Asia or now have significant operations in the region. Establishing an office in Hong Kong, the region's leading international finance centre, was an obvious strategic move for Mourant Ozannes. Between them, the members of our Hong Kong team bring a wealth of knowledge and experience in their respective fields, having practised with leading law firms in major finance centres both onshore and offshore.  We're delighted to have attracted individuals of such high calibre."

Paul Christopher, Managing Partner of Mourant Ozanne in Hong Kong, said: "We believe there are significant opportunities for Guernsey's finance industry in China and in other Asian markets. With Guernsey companies able to list on the Hong Kong Stock Exchange since 2011 and Guernsey being home to more non-UK entities listed on the London Stock Exchange than any other jurisdiction globally, we're well placed to attract business from Asia."

Guernsey has Tax Information Exchange Agreements (TIEAs) signed with China, India, Japan, Indonesia and Australia, as well as a memorandum of understanding (MoU) with the Shanghai Financial Services Office. A statement of cooperation has also been entered into between the Guernsey Financial Services Commission (GFSC) and the China Banking Regulatory Commission (CBRC).

Paul Christopher added: "We'll be using our substantial presence in Hong Kong to promote Guernsey's finance industry, along with the other offshore jurisdictions in which we operate."

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