Risks Amid Geoeconomic Uncertainties

Service Description

Starting with President Trump’s first term, sanction impositions were yet another reminder to wealthy HK families and their Single Family Offices ( SFOs) of the relevance of geopolitics to all aspects of their personal and business wealth. The 2020 HK Autonomy act and follow on actions made SFOs even more aware. Concerns have been raised about whether associated actions may affect payment systems and bank obligations to take action. Not only situs of financial assets but also jurisdictional exposure across aspects like citizenship and residency of family companies, businesses, directors and other associates have also been questioned. I have heard some quite extreme views expressed and while it is up to everyone to make their own decisions these decisions ought to be made with as up to date and accurate information as possible.