Fiona will join a panel of experts discussing Economic Substance in Hong Kong, the British Virgin Islands and the Cayman Islands.
Fiona is a partner in the corporate department and private client & trust department of Appleby’s Hong Kong office, advising on a full spectrum of banking and finance, non-contentious insurance, technology and innovation, private client and trust matters relating to the laws of Bermuda, British Virgin Islands and Cayman Islands. She is also a member of Appleby´s Economic Substance focus group.
Fiona has almost 20 years of offshore and onshore experience in the Asian market. Her broad offshore law practice spans banking and finance transactions including acquisition, leveraged and project financing, shipping and aircraft financing, structured products, bond issuance and restructuring of corporates and financial institutions. In the private client practice space, Fiona specialises in advising on trust structures of various offshore jurisdictions and Bermuda insurances. She also assists clients with setting up employee incentive schemes of different nature and forms, with or without trust structures. She regularly speaks at conferences and seminars and is often asked to contribute to policy discussions, interviews and articles for leading industry organisations and journals in the offshore space.
The Hong Kong Trustees’ Association Ltd. was established in 1991 by members of the trust and fiduciary services industry to represent the trust industry in Hong Kong, particularly in the areas of legislation and education. The Trustees’ Association currently has more than 110 corporate members, and represents thousands of people working in the trust, pensions, private banking, asset servicing, legal, accounting and other professional services ﬁelds.
New regulations in key offshore jurisdictions came into force at the start of 2019 which require entities carrying on specific types of business to demonstrate adequate economic substance in that jurisdiction. Appleby experts can assist you to consider and assess the impact of these regulations in your applicable jurisdiction.