Creating The Future:
Leveraging Our Asia Relationships + Technology
Business BVI ASIA’s third Annual Asia Regional Conference will take place on October 18, 2016 in Hong Kong. The conference is the only annual BVI specific conference of its kind in Asia.
Since its inauguration in 2014, the conference annually gathers the leaders at the highest level of the BVI Government, the Regulator, BVI Finance, BVI House Asia, corporates and senior level BVI focused practitioners operating in Hong Kong and the wider Asia Pacific (APAC) Region for inspiring candid high-level conversations on the critical issues and innovations shaping the future of financial services in the BVI.
October 17, 2016 | 18:00 - 20:00
EVENING COCKTAIL RECEPTION (BY INVITATION ONLY)
Hosted by BVI House Asia, Central Plaza
October 18, 2015 | 9:00 - 16:00
WELCOME REMARKSRussell Harrigan
Business BVI Asia
Dr. the Honourable D. Orlando Smith, OBE, MHA
Premier and Minister for Finance
British Virgin Islands
MORNING CONVERSATION : THE END OF GLOBALIZATION?
SETTING THE STAGE WITH:
This Brave New World - India, China and the United States Co- Founder/Partner with former Secretary of State Condoleezza Rice, former National Security Advisor Stephen Hadley and former Secretary of Defense Robert Gates, RiceHadleyGates LLC, a strategic consulting firm.
In the next decade and a half, China and India will become two of the world’s indispensable powers—whether they rise peacefully or not. During that time, Asia will surpass the combined strength of North America and Europe in economic might, population size, and military spending.
Both India and China will have vetoes over many international decisions, from climate change to global trade, human rights, and business standards.
From her front row view of this colossal shift, first at the State Department and now as an advisor to American business leaders, Anja Manuel escorts the reader on an intimate tour of the corridors of power in Delhi and Beijing. Her encounters with political and business leaders reveal how each country’s history and politics influences their conduct today. Through vibrant stories, she reveals how each country is working to surmount enormous challenges—from the crushing poverty of Indian slum dwellers and Chinese factory workers, to outrageous corruption scandals, rotting rivers, unbreathable air, and managing their citizens’ discontent.
We wring our hands about China, Manuel writes, while we underestimate India, which will be the most important country outside the West to shape China’s rise. Manuel shows us that a different path is possible—we can bring China and India along as partners rather than alienating one or both, and thus extend our own leadership in the world.
This Brave New World
Raising our Gaze: Leveraging our Asia Relationships to drive Future Growth.
What are the prospects on the Road to Substance? Where are the Bespoke opportunities? What products and services will drive future demand?
Key leaders of the Offshore Sector discuss why Asia is the engine that will drive future growth.
Book Signing - Anja Manuel
This Brave New World
HOME GROWN SOLUTIONS
BANKING- Time for Action: Enter the Bank of Asia
Bank of Asia ("BoA") has been established in the British Virgin Islands ("BVI") to address the need for BVI and other offshore companies in getting bank accounts opened and other banking needs satisfied as well as the growing offshore banking needs of a large, underserved universe of Chinese and other Asian high net worth individuals (HNWI) and their related offshore business companies.
China Watch – What happens in China does not stay in China:
What are the implications for the Offshore Sector as China shifts its FDI from the Developing World to the United States and other advanced Western economies? Opportunity or Dark Clouds?
“For almost 40 years, the US-China economic relationship has been defined by rapidly growing bilateral trade, and it is only recently that Chinese foreign direct investment (FDI) in the United States has begun to make a strong mark. These investments are likely to grow significantly, establishing another important and often beneficial economic linkage that, at its best, will support and even create American jobs.
Indeed, cross-border direct investments generally flowed from the United States to China rather than the other way around. And these were largely one-way US corporate investments designed to help them enter and compete in the China market.
But that is now changing. China’s outbound direct investment globally has been increasing for a number of years and, where much of this investment once went to Africa and Latin America, for example, it is now increasingly directed at advanced Western economies. That has meant that Chinese direct investment in the US market is ramping up rapidly from a low base.”
Hank M. Paulson, Jr.
Founder and Chairman,
Paulson Institute and
Former Secretary of the US Treasury
China’s Infrastructure Play
Why Washington Should Accept the New Silk Road
By Gal Luft
Foreign Affairs, September/October 2016 Issue
“Also called One Belt, One Road, the B&R is a massive undertaking that will shape Eurasia’s future. It will extend from the Pacific to the heart of Europe, stimulate some $4 trillion in investment over the next three decades, and draw in countries that account for 70 percent of the world’s energy reserves. So far, however, the United States has either fruitlessly attempted to undermine the initiative or avoided engaging with it altogether. That is the wrong course. Washington should instead cautiously back the many aspects of the B&R that advance U.S. interests and oppose those that don’t. The United States does not have to choose between securing its global position and supporting economic growth in Asia: selectively backing the B&R would help achieve both goals.”
WHAT’S TRENDING - BVI ON THE MOVE
A Progress Report on the establishment of
Heads Up: Legislation Pipeline
Brexit and the BVI
‘Brexit means Brexit’ – Does It?
Are we In or Out? What are the Implications and
Regulatory Focus: The Global Transparency Agenda – Are we Keeping Up?
The global taxation space as prescribed by the OECD, the G20 etc., is frenetic with BEPS, CRS, UBO et al. What is the BVI strategy to meeting and adherring to the demands emanating from these multiple regimes driving the new world order? Are we ready to satisfy the automatic exchange of and access to UBO information?
Leap Frogging the Future Via Technology
How is Technology Shaping the future of the Offshore Sector?
In The Industries of the Future, Ross shows us what changes are coming in the next ten years, highlighting the best opportunities for progress and explaining why countries thrive or sputter. He examines the specific fields that will most shape our economic future, including robotics, cybersecurity, the commercialization of genomics, the next step for big data, and the coming impact of digital technology on money and markets.
Industries of the Future
by Alec Ross