Global regulations, maturing wealth and mobility in Asia:
A headache or opportunity?
Friday 20 September 2019 | The St. Regis | Hong Kong
Private Client Forum Asia unites elite private client lawyers to discuss the most-timely and concerning issues across Asia, with an outlook on the rest of the world.
As Asia has emerged as accounting for 34 percent of the world population of high net worth individuals (according to Capgemini’s 2019 Wealth Report), high economic growth, rapidly rising wages, a thriving entrepreneurial ecosystem and continuing globalisation makes the need for legal advice even greater.
What are the greatest drivers impacting private client lawyers in Asia in 2019?
- Maturing wealth: A move away from clients being driven by transactions and self-directed investments to wanting a broader array of advice
- Globalisation: The ability to fully service the client and the next generation on their journey around the world
- Increased regulation: Paired with clients and their offspring living a global lifestyle, increasing regulations need to be understood and adhered to, to limit damage, including criminal and reputation loss
The Global Elite forum will focus our minds on these pressing issues that we all face in our day-to-day roles.