Dear Gat Members,
Further to my circular in April regarding Managed Trust Companies in Hong Kong, Gus Paterson (Director Civil Aviation) and Dominic Kaines (Aircraft Registry Officer, 2 Reg) have noted that 2-Reg is attracting considerable interest in South East Asia, especially Hong Kong, particularly following Guernsey’s ability to issue Air Operator Certificates (AOC). A condition of being granted a Guernsey AOC is that the operator’s principal place of business must be in Guernsey, and they are of the view that this could be satisfied by a combination of the use of corporate directors/Guernsey Fiduciary and local specialist technical personnel.
Given the mind and management on Island focus/requirements, there appear to be potential business opportunities for Guernsey’s Fiduciary sector. If any members are interested in exploring this type of business opportunity could they please advise Maxine Marett ( firstname.lastname@example.org ) of their interest who will co-ordinate a list that can be passed to the relevant parties.
Mark H Pattimore
Guernsey Association Of Trustees