Kinetic opens Hong Kong office

Source: Kinetic

Today, Kinetic Partners, the global professional services firm to the asset management, investment banking and broking industry, announces the launch of a new office in Hong Kong, the Firm's first step into Asia.

Established in 2005, Kinetic Partners has grown rapidly to serve over 1,200 clients needing in-depth industry advice and analysis across borders. The launch of the Hong Kong office will enhance the Firm's reputation as the leading provider of advisory and consulting services to asset management, investment banking and broking firms worldwide.

As financial markets become more complicated, business in Asia and elsewhere has become more sophisticated and more exposed to market and regulatory risks. By expanding to Asia, Kinetic Partners has responded to the changing dynamics of the global financial services industry that has seen Hong Kong develop as focus for capital flows and financial services expertise.

The Hong Kong office will provide support for global financial services organisations operating in or looking to access the Hong Kong and Chinese markets, as well as locally based firms, with a particular focus on regulatory compliance services and tax structures. As well as assisting firms with SFC authorisations and ongoing support, the office will provide advice on SEC registrations for firms affected by the US Dodd-Frank Reform Act, and the UK's FSA regulatory framework.

The office will build on Kinetic's forensic offering to complement teams based in the Firm's other jurisdictions - particularly working on SPV and LLP structures based in the Caribbean, with commercial interests in Asia.

The office will be headed by Julian Korek, one of the Founding Members of Kinetic Partners, and AnnMarie Croswell, a Director, along with new Member Gary James and Director Winnie Tsui, supported by a team of local regulatory experts. AnnMarie joins from the US office where she advised asset managers and broker dealers on US regulation, including SEC registration and ongoing compliance requirements.

Gary and Winnie specialise in international tax planning for financial institutions, multinational clients and expatriates working in Asia Pacific. They have extensve extensive experience advising clients on Asian and international tax issues, including the Hong Kong Offshore Fund regime, corporate reorganisations, IPOs, joint ventures and asset manager business start-ups. It is anticipated that the team will grow rapidly in response to demand, as firms are increasingly seeking tailored solutions that work seamlessly both within the local market place and internationally.

Julian Korek, a Founding Member of Kinetic Partners, commented: "With one of the fastest growing economies in the world, Asia is a dynamic and exciting environment in which to do business and we are delighted to be opening our new Hong Kong office, which marks a major milestone for the Firm. There is a real buzz about the place and we have seen a keen interest from financial firms based here to better understand the global regulatory landscape and how it is influencing their regulatory requirements.

"Our unique model of a single global firm with deep technical knowledge and industry experience, working as one team that is totally accessible to all our clients, is seen as a step forward in the Asian marketplace. With time, we will be looking to expand the team into other jurisdictions including Singapore and mainland China. "

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