The company said its new Hong Kong office will provide support for global financial institutions looking to access the Hong Kong and Chinese markets, as well as locally based firms, with a particular focus regulatory compliance services and tax structures. It added, as well as assisting firms with (Hong Kong regulator) Securities and Futures Commission authorisations and ongoing support, the office will provide advice on Securities and Exchange Commission registrations for firms affected by the US Dodd-Frank Reform Act, and the UK’s FSA regulatory framework.
The office will be headed by Julian Korek, one of the founding members of Kinetic Partners, and AnnMarie Croswell, a director, as well as recently hired, Gary James and director Winnie Tsui. Croswell joins from the company’s US office where she advised asset managers and broker dealers on US regulation, including SEC registration and ongoing compliance requirements.
Meanwhile James and Tsui specialise in international tax planning for financial institutions, multinational clients and expatriates working in Asia Pacific
“With one of the fastest growing economies in the world, Asia is a dynamic and exciting environment in which to do business and we are delighted to be opening our new Hong Kong office, which marks a major milestone for the firm,” said Korek.
“There is a real buzz about the place and we have seen a keen interest from financial firms based here to better understand the global regulatory landscape and how it is influencing their regulatory requirements.”