Business Bermuda Attends Shorex Forum

April 14, 2011

IMG_2240For the third time, the world’s leading Shorex Wealth Management Forum was held in Singapore to address the growing need of the Asian market for private banking, asset management and international tax planning solutions and services. Shorex, held on the 12 April at Suntec Singapore, offers a unique platform where professionals can network to explore new services, products and ideas in wealth management.

The event attracted over 50 exhibitors and 1,400 delegates from Singapore, Hong Kong, India, Indonesia, Malaysia, Thailand, Vietnam, Korea, Taiwan, the Emirates and China.

Greg Wojciechowski, Chief Executive Officer of the Bermuda Stock Exchange, and Cheryl Packwood, Chief Executive Officer of Business Bermuda, attended the conference and presented on the benefits to offshore incorporation and listing. Greg Wojciechowski also participated in a panel discussion on international financial centres.

Cheryl Packwood, Chief Executive Officer of Business Bermuda, said: “Business Bermuda is continuing to promote the Bermuda story at conferences across the globe and over the past two months has been in Asia, the Gulf, Europe and the United States, delivering our message about Bermuda’s strong regulatory environment, financial strength and the jurisdiction’s commitment to international business. The financial services sector and the funds marketplace in particular are showing signs of significant life.

Cheryl Packwood added: “Bermuda is one of the world’s leading offshore financial centers and is already recognized by international bodies as being amongst the best regulated and most compliant jurisdictions worldwide. Singapore is the undisputed center of wealth management excellence in Asia and a key partner for Bermuda.”

Greg Wojciechowski, CEO of the Bermuda Stock Exchange, said: “Bermuda’s reputation and track record for upholding international standards in investment fund regulation, and its vigilance against money laundering are an example for all offshore jurisdictions. It continues to provide a regulatory framework in which business can continue to grow and prosper whilst maintaining a secure environment.”

Business Bermuda hosted a Business Bermuda Financial Services Reception in Singapore on 11 April 2011 as part of the effort to further develop the relationship between Bermuda and Singapore.

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