SINGAPORE,&nbsp;March 30, 2023- Jersey Finance formally launched its new presence in&nbsp;Singapore&nbsp;and its refreshed&nbsp;South-East Asia&nbsp;market outreach strategy at a special reception this week (28 March).

Hosted at Eden Hall, the residence of the British High Commissioner to&nbsp;Singapore, Her Excellency&nbsp;Kara Owen CMG, Her Excellency personally opened the reception, and was joined in giving a welcome address by the Government of Jersey's Assistant Chief Minister with Responsibility for Financial Services, Deputy&nbsp;Elaine Millar, and Jersey Finance Chief Executive Officer,&nbsp;Joe Moynihan.

The reception was attended by around 100 guests including Government of Jersey officials, the Director General of the Jersey Financial Services Commission (JFSC),&nbsp;Jill Britton, as well as local and visiting industry professionals. The British Chamber of Commerce supported the event.

The official launch follows on from Jersey Finance's appointment at the end of last year of Yiow Chong Tan as Business Development Director for the&nbsp;South East Asia&nbsp;market, based in&nbsp;Singapore. With extensive business and corporate finance experience in the Asian markets, Yiow will play a key role in delivering Jersey Finance's new&nbsp;South East Asia&nbsp;strategy, working closely with&nbsp;Shanghai-based&nbsp;Maria McDermott, Business Development Consultant at Jersey Finance.

Having built a strong reputation within the&nbsp;Greater China&nbsp;region since 2005, and having opened an office in&nbsp;Hong Kong&nbsp;in 2009, Jersey Finance has cited&nbsp;Singapore&nbsp;as a key complementary hub that can help further extend the global reach of Jersey's financial services industry and bring its corporate, private wealth and alternative funds proposition to key growth markets across the&nbsp;South East Asia&nbsp;region.

During the visit to&nbsp;Singapore,&nbsp;Joe Moynihan&nbsp;and Deputy Millar also joined a roundtable event for Jersey and Singaporean firms focussing on the growing relationships between Jersey's financial services industry,&nbsp;Singapore&nbsp;and the wider&nbsp;South East Asia&nbsp;region.

Commenting on the new&nbsp;Singapore&nbsp;presence,&nbsp;Joe Moynihan, Chief Executive Officer, Jersey Finance, said:

"A key part of our global markets strategy is to diversify our international connectivity as an international finance centre, and our refreshed&nbsp;South East Asia&nbsp;strategy is a critical part of that. Our new presence in&nbsp;Singapore&nbsp;will both complement the existing profile we have built up over many years through&nbsp;Hong Kong&nbsp;and also strengthen relationships in other markets in the region where we feel we have a really strong story to tell – supporting both inbound and outbound investor capital.

"Critically, we see&nbsp;Singapore&nbsp;and Jersey as natural partners and believe that Jersey can play a really positive role within the region too, supporting&nbsp;Singapore's&nbsp;own ambitions. Both Jersey and&nbsp;Singapore&nbsp;have successfully created a specialist proposition for international investors built on high standards, a framework of internationally endorsed regulatory standards and a passionate belief in the value of global connectivity."

"There are many similarities between Jersey and&nbsp;Singapore, as both are jurisdictions that have carved out a successful niche as centres of excellence for professional services and, increasingly, sustainable finance and fintech. The Government of Jersey continues to be focussed on its objective of enhancing Jersey's international relationships and this new presence in&nbsp;Singapore&nbsp;is a really positive step in supporting that. The focus of our relationship with&nbsp;Singapore&nbsp;is one of cooperation and collaboration, and I have no doubt that Jersey Finance establishing a presence here will only strengthen that relationship."

Jersey has been building closer ties with&nbsp;Singapore&nbsp;for some years, with this year marking ten years since Jersey and&nbsp;Singapore&nbsp;signed a Double Taxation Agreement. Meanwhile, research from the Centre for Economics and Business Research quantifying the full extent of Jersey's global economic footprint has found that the capital intermediated through Jersey equates to £46 billion of GDP in&nbsp;Asia&nbsp;each year, supporting in excess of 2.4 million jobs in the region.

For a short video on Jersey's presence in&nbsp;South East Asia&nbsp;and case studies on how Jersey firms are expanding their footprint with clients and investors in the region, visit Jersey Finance' website at&nbsp;<a href="https://nam12.safelinks.protection.outlook.com/?url=https%3A%2F%2Fjsy.fi%2F40B9QuU&amp;data=05%7C01%7CJason.Leow%40edelmansmithfield.com%7C6c3aa493b8a24cb5684208db2ecf54d4%7Cb824bfb3918e43c2bb1cdcc1ba40a82b%7C0%7C0%7C638155240316716726%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=zdvK%2B5mzbZOP%2FX4WBRZXn338ye8zuMasYHbb4QMpiIU%3D&amp;reserved=0" target="_blank" rel="nofollow">https://jsy.fi/40B9QuU</a>.

<h1>Jersey Finance Hosts Reception to Formally Launch Singapore Presence</h1>SINGAPORE,&nbsp;March 30, 2023- Jersey Finance formally launched its new presence in&nbsp;Singapore&nbsp;and its refreshed&nbsp;South-East Asia&nbsp;market outreach strategy at a special reception this week (28 March).Hosted at Eden Hall, the residence of the British High Commissioner to&nbsp;Singapore, Her Excellency&nbsp;Kara Owen CMG, Her Excellency personally opened the reception, and was joined in giving a welcome address by the Government of Jersey's Assistant Chief Minister with Responsibility for Financial Services, Deputy&nbsp;Elaine Millar, and Jersey Finance Chief Executive Officer,&nbsp;Joe Moynihan.The reception was attended by around 100 guests including Government of Jersey officials, the Director General of the Jersey Financial Services Commission (JFSC),&nbsp;Jill Britton, as well as local and visiting industry professionals. The British Chamber of Commerce supported the event.The official launch follows on from Jersey Finance's appointment at the end of last year of Yiow Chong Tan as Business Development Director for the&nbsp;South East Asia&nbsp;market, based in&nbsp;Singapore. With extensive business and corporate finance experience in the Asian markets, Yiow will play a key role in delivering Jersey Finance's new&nbsp;South East Asia&nbsp;strategy, working closely with&nbsp;Shanghai-based&nbsp;Maria McDermott, Business Development Consultant at Jersey Finance.Having built a strong reputation within the&nbsp;Greater China&nbsp;region since 2005, and having opened an office in&nbsp;Hong Kong&nbsp;in 2009, Jersey Finance has cited&nbsp;Singapore&nbsp;as a key complementary hub that can help further extend the global reach of Jersey's financial services industry and bring its corporate, private wealth and alternative funds proposition to key growth markets across the&nbsp;South East Asia&nbsp;region.During the visit to&nbsp;Singapore,&nbsp;Joe Moynihan&nbsp;and Deputy Millar also joined a roundtable event for Jersey and Singaporean firms focussing on the growing relationships between Jersey's financial services industry,&nbsp;Singapore&nbsp;and the wider&nbsp;South East Asia&nbsp;region.Commenting on the new&nbsp;Singapore&nbsp;presence,&nbsp;Joe Moynihan, Chief Executive Officer, Jersey Finance, said:"A key part of our global markets strategy is to diversify our international connectivity as an international finance centre, and our refreshed&nbsp;South East Asia&nbsp;strategy is a critical part of that. Our new presence in&nbsp;Singapore&nbsp;will both complement the existing profile we have built up over many years through&nbsp;Hong Kong&nbsp;and also strengthen relationships in other markets in the region where we feel we have a really strong story to tell – supporting both inbound and outbound investor capital."Critically, we see&nbsp;Singapore&nbsp;and Jersey as natural partners and believe that Jersey can play a really positive role within the region too, supporting&nbsp;Singapore's&nbsp;own ambitions. Both Jersey and&nbsp;Singapore&nbsp;have successfully created a specialist proposition for international investors built on high standards, a framework of internationally endorsed regulatory standards and a passionate belief in the value of global connectivity."Deputy Millar added:"There are many similarities between Jersey and&nbsp;Singapore, as both are jurisdictions that have carved out a successful niche as centres of excellence for professional services and, increasingly, sustainable finance and fintech. The Government of Jersey continues to be focussed on its objective of enhancing Jersey's international relationships and this new presence in&nbsp;Singapore&nbsp;is a really positive step in supporting that. The focus of our relationship with&nbsp;Singapore&nbsp;is one of cooperation and collaboration, and I have no doubt that Jersey Finance establishing a presence here will only strengthen that relationship."Jersey has been building closer ties with&nbsp;Singapore&nbsp;for some years, with this year marking ten years since Jersey and&nbsp;Singapore&nbsp;signed a Double Taxation Agreement. Meanwhile, research from the Centre for Economics and Business Research quantifying the full extent of Jersey's global economic footprint has found that the capital intermediated through Jersey equates to £46 billion of GDP in&nbsp;Asia&nbsp;each year, supporting in excess of 2.4 million jobs in the region.For a short video on Jersey's presence in&nbsp;South East Asia&nbsp;and case studies on how Jersey firms are expanding their footprint with clients and investors in the region, visit Jersey Finance' website at&nbsp;<a href="https://nam12.safelinks.protection.outlook.com/?url=https%3A%2F%2Fjsy.fi%2F40B9QuU&amp;data=05%7C01%7CJason.Leow%40edelmansmithfield.com%7C6c3aa493b8a24cb5684208db2ecf54d4%7Cb824bfb3918e43c2bb1cdcc1ba40a82b%7C0%7C0%7C638155240316716726%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=zdvK%2B5mzbZOP%2FX4WBRZXn338ye8zuMasYHbb4QMpiIU%3D&amp;reserved=0" target="_blank" rel="nofollow">https://jsy.fi/40B9QuU</a>.Source: Jersey Finance

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