Top 10 Offshore Headlines from Asia Pacific Guernsey benefited from the flight to quality during the worst of the financial crisis but is now looking to establish itself as the domicile of choice for the next generation of MENA funds. Practitioners from Guernsey’s fiduciary sector are reporting that business opportunities for them in the Asian market are better than ever following the Island’s latest delegation to the region. As offshore legal counsel based in Hong Kong, we commonly deal with the book ends of inbound private equity investment into the People’s Republic of China (“PRC”), that being, the initial establishment of the offshore investment fund structure, typically structured as a limited partnership and domiciled in either the Cayman Islands or British Virgin Islands (the “PE Fund”) at one end, and at the other, investments made by PE Fund’s in certain offshore target entities (“Offshore Target”), indirec This article compares the laws of five offshore jurisdictions – Bermuda, Cayman Islands, Jersey, Mauritius and the British Virgin Islands (BVI) – concerning the registration of charges created over assets of companies (not including charges over land within the offshore territories, ships or aircraft). Guernsey has concluded another agreement for the international exchange of tax information. Butterfield is again backing Guernsey Finance initiatives to develop Guernsey business in the Far East. The focus of the Major Players has in recent times centred on transparency and the willingness to exchange taxation information. Changing market conditions are having an obvious effect on the risk appetite of investors in selecting the right investments. Currently, six Pacific Island nations are listed on the OECD ‘grey’ list. This means that whilst the OECD considers them 'tax havens', they have substantially committed to implementing the OECD International Tax Standard. | 
