Ogier, one of the leading providers of offshore
legal and fiduciary services, has opened an office in Shanghai as
it further expands its worldwide network.
The move is at the heart of Ogier's strategy to provide the
most innovative and comprehensive multi-jurisdictional services,
through a significant presence in each of the world's key
financial centres and across all time zones.
William Simpson, Managing Partner of Ogier in Guernsey, said:
"We have been planning to build on our Asian presence with a
base in mainland China for some time. We already have a significant
offering in Hong Kong which provides a full range of services in
the Asian time zone. Our Shanghai office will open up further
opportunities for us and build on the success of our existing Hong
He added "Ogier partner, Marcus Leese, moved to Hong Kong
last year and was the first Guernsey advocate to operate in the
region. This move, together with the recent news that
Guernsey companies can now list on the Hong Kong Stock
Exchange, gives us a great opportunity to promote Guernsey
services to a much wider global audience."
Ogier Shanghai will be headed up by Kristy Calvert who is a
native Mandarin and Shanghainese speaker and has extensive
corporate and commercial law experience in the Asia Pacific and in
particular China where she was previously Legal Director for Rio Tinto China
Ogier's Shanghai office will provide mainland Chinese
clients with direct access to Ogier's global network of offices
and professional services. Chinese clients will particularly
benefit from the services provided by Ogier's Hong Kong office.
Ogier Hong Kong is the fastest growing office in the Ogier group
and the headcount is forecast to double over the next three
James Bergstrom, Managing Partner Ogier Hong Kong, said "We
are absolutely delighted to welcome Kristy to the Ogier Group. Her
experience and in-depth knowledge of the Chinese market is a real
asset. Our new Shanghai office will allow us to provide even better
support for our clients in China and offers tremendous development
potential. We are in the great position of being able to continue
to support our Chinese clients with our international experience
and now with enhanced local expertise."
Ogier is operating under 'Hong Kong Ogier Services (Asia)
Limited Shanghai Representative Office' in Shanghai
The release of the Panama Papers highlights the chasm between those who want to eliminate the offshore financial industry and those who see it as critical in facilitating international trade and investment.
So far, media coverage has largely been on the revelation of the use of secretive offshore companies by various political personalities, celebrities and their family members to hide their wealth from prying eyes.
In the wake of the Panama Papers leaks last month, questions are being asked about the adequacy of Hong Kong's regulatory regime to prevent the abuse of offshore structures.
Some comments from our readers… “The articles are extremely timely and highly applicable” “I often find critical information not available elsewhere” “As in-house counsel, Mondaq’s service is of great value”
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).