Guernsey Finance chief executive Peter Niven said the development was of particular importance because it allows Guernsey providers to match its competitor jurisdictions in meeting demand from clients in the Far East.
Later this year, Guernsey's Chief Minister Lyndon Trott will lead a delegation to Hong Kong to improve relationships with government and regulatory officials there, and put forward the case for local industry to use Guernsey companies to list on the exchange, Guernsey Finance confirmed.
It follows a series of efforts by the island to penetrate into Asia, including a Memorandum of Understanding (MoU) signed between its Chief Minister and the Shanghai Financial Services Office last year, and a Tax Information Exchange Agreement (TIEA) made with Chinese authorities on the same trip.
