One of China’s major investment conferences targeting Asian investors was the anchor event of a two-week promotional programme by the Ministry of Financial Services and the Bahamas Financial Services Board (BFSB).
The China Offshore Summit took placed in Shanghai on October 15 and 16 with the Ministry positioned as a lead sponsor for the event, which annually attracts top notch financial intermediaries seeking information on the effective use of tax planning and asset management tools available in jurisdictions such as The Bahamas.
On October 7, BFSB in collaboration with the Ministry hosted its [Bahamas Landfall: Destination Hong Kong](http://chinaoffshore.com.hk/the-bahamas-wealth-management-and-investment-breakfast-seminar-bahamas-landfall-destination-asia.html) promotion. And, on October 13, just prior to the Offshore Summit, a similar event was hosted in [Beijing](http://cn.chinaoffshore.com.hk/the-bahamas-wealth-management-and-investment-private-dinner-bahamas-landfall-destination-asia.html).
BFSB CEO Aliya Allen maintains, *“The Asian market holds enormous promise for The Bahamas. The number of high net worth individuals (HNWIs) and families in China has exploded in the past ten years, and like those in other parts of the world, they have a wide range of choices of jurisdictions for their wealth planning needs. The Summit and Landfall events enabled us to showcase our experience and expertise in these areas.”* Seminar style presentations were made at the Hong Kong and Beijing Landfalls.
The China Offshore Summit, now in its fourth year, was designed to meet the demand of an ever increasing need for sophisticated international wealth, tax and asset planning services by Chinese investment groups and corporations. Two major speaking slots and two separate panel presentations were afforded The Bahamas in Shanghai at the Summit.
The Ministry was instrumental in bringing on Baha Mar as a sponsor of the events in Hong Kong, Beijing and Shanghai, while a number of BFSB member firms also came on board as corporate sponsors. These included Ansbacher (Bahamas) Ltd., BDO Bahamas, Butterfield Trust (Bahamas) Ltd., Deltec Bank & Trust and The Winterbotham Trust Company.