Do you see Middle East families trying to use more onshore jurisdictions, or do they continue to use offshore jurisdictions? - Laurence Black

Laurence Black of Asiaciti Trust

Feb 18, 2019

Laurence Black, Regional Director, Client Solutions, EMEA at Asiaciti Trust discussed whether Middle East families are trying to use more onshore jurisdictions, or offshore jurisdictions.

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1. Do you see Middle East families trying to use more onshore jurisdictions, or do they continue to use offshore jurisdictions?

Video transcript

1. Do you see Middle East families trying to use more onshore jurisdictions, or do they continue to use offshore jurisdictions?

I think onshore is certainly becoming more relevant, the need for substance on a global basis. Obviously, people are well served from the offshore financial markets as well, and they will continue to be, but where there's a need for substance, that's something that jurisdictions like Singapore, the UAE, and Hong Kong certainly have had and they will continue to provide robust and efficient solutions.

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