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Forum Overview

Financial and professional services are vital sectors to the UK economy and its role in the UK-China relationship is both deep-rooted and extensive. The Financial & Professional Services Forum represents various aspects of this industry including banking, insurance, legal services, accountancy, business advisory and more.

Leadership

The forum is co-chaired by Michael Fosh and Peter Hogg.

Who should join

Any BritCham China members who are interested in joining a community of FPS professionals and gain cutting edge insights into the latest market trends should join our WeChat forum group. Almost all major Chinese financial services companies, government departments (including the various regulatory bodies and the central bank – People’s Bank of China) and Chinese SOEs are headquartered or have a major presence here in Beijing. It is planned therefore that the Forum will hold regular events where members can network with their counterparts in Chinese enterprises. The forum is also aiming in to be informative to the wider Chamber membership in Beijing on different aspects of Finance & Professional Services during our events.

Forum Chairs

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Michael Fosh

[showhide type=”links” more_text=”Read More” less_text=”Read More”]Michael Fosh is the Managing Partner of Reed Smith LLP’s Beijing Office. He has broad experience in mergers and acquisitions, corporate, corporate finance and financing work in Hong Kong and in Mainland China. His equity capital markets experience extends to acting for investment banks and issuers in relation to H-share, red-chip and A+H share transactions and his clients include private companies and SOEs. He was Chairman of the BCCC from 2006 to 2008 and he currently serves as honorary counsel to the Chamber as well as co-chair of the Financial and Professional Services Forum.

Peter Hogg

[showhide type=”pressrelease” more_text=”Read More” less_text=”Read More”]Peter has extensive experience in Asia having been involved in the region since the late 1970s. Originally with The Willis Group, he has lived in several countries in Asia. He founded Neuron in Dubai, now the largest administrator on Medical claims in the Gulf Region in 2000, he sold Neuron and then moved to China in 2012, setting up Heliren an Insurance Broker, which he sold in 2017. He is now looking at various opportunities in China and Africa. He was Vice Chairman of the British Chamber from 2015 to 2017.

Where do British businesses stand after Brexit and the EU-China investment deal?
  • The UK’s Brexit deal will guarantee tariff-free trade for most goods but does little for important sectors such as financial and professional services
  • Enhanced market access and constraints on the behaviour of SOEs were among the outcomes of the EU-China investment deal
  • As part of ‘global Britain’, the UK should look to strengthen economic cooperation with China to support its post-COVID recovery and help offset lost economic output from Brexit

Read more here

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