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This section covers all media releases issued by Guernsey Finance, as well as news from Guernsey service providers themselves.

Guernsey’s a pillar of strength in the offshore wealth management sector

Matthew Gilligan, Louvre Trust (Guernsey) Services Client Relationship Manager, turns his thoughts to Guernsey’s position as an offshore wealth management centre: although in size it might n...

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Guernsey enhances its offer in the family office space

The Guernsey Financial Services Commission today published revised guidance on the way that private trust companies – a key structure for private wealth management in the island – are controll...

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Guernsey’s a pillar of strength in the offshore wealth management sector

Matthew Gilligan, Louvre Trust (Guernsey) Services Client Relationship Manager, turns his thoughts to Guernsey’s position as an offshore wealth management centre: although in size it might n...

Published

14 June 2019

Guernsey enhances its offer in the family office space

The Guernsey Financial Services Commission today published revised guidance on the way that private trust companies – a key structure for private wealth management in the island – are controll...

Published

12 June 2019

Financial orders – handle with care

Guernsey law enforcers are making more and more use of financial orders, some of them issued against financial service businesses. It is not always easy for firms to deal with them, as the case ...

Published

10 June 2019

On the brink of insolvency: When should directors consider the interests of creditors?

In the recent decision of BTI 2014 LLC v Sequana SA and others, the English Court of Appeal issued helpful guidance regarding the question of when the directors of a company in financi...

Published

07 June 2019

Guernsey success in Who’s Who Legal Awards

Butterfield Trust (Guernsey) Limited Managing Director Paul Hodgson has been recognised as Private Client Trust & Advisory Professional of the Year at the Who’s Who Legal Awards. That came ...

Published

30 May 2019

Regulating the regulators: the importance of public law

One aspect of compliance that rarely gets mentioned is public law compliance. Public bodies, just like commercial businesses, must act lawfully. Whilst companies are governed by their corpora...

Published

28 May 2019

How Guernsey is part of the British financial services family

Ahead of City Week 2019, which Guernsey Finance will be exhibiting at next week, GF Chief Executive Dominic Wheatley outlines Guernsey’s specialisms and complementary role to the City ...

Published

14 May 2019

2-REG aircraft registry reaches 500 aircraft

The States of Guernsey Aircraft Registry 2-REG has registered its 500th aircraft. The key milestone took little more than five years from the registry’s launch in December 2013. “Exceeding t...

Published

08 May 2019

Substance is key for family offices

Substance requirements are becoming so significant that they are now influencing where high net worth individuals are basing family office arrangements, according to new research commissioned ...

Published

01 May 2019

Guidance on Guernsey's economic substance requirements published

On Friday 26 April, the States of Guernsey published its guidance on economic substance, having consulted with industry to clarify legislative and reporting requirements to meet the EU Counc...

Published

29 April 2019