Here is the latest update from Asia Representatives Wendy Weng & Dorothy Kwok You may have been at our BD update at the OGH in Guernsey in October and heard from Dorothy and Wendy as they shar...Read More
Guernsey to the rescue for in-deficit pension schemes
A longevity swap provides both a definitive solution or a useful stepping stone on route to de-risking, depending on the maturity of a defined benefit pension scheme, delegates heard at a Guerns...
28 March 2019
Zone of insolvency – Directors in the firing line
2018 saw a number of high-profile insolvencies around the world. That trend is expected to continue this year with many sectors facing an extremely challenging trading environment and the ...
28 March 2019
Captive provides discrete and complementary solution
Lane, Clark and Peacock, a leading independent, owner-managed pension, investment and insurance consultancy in the UK, published their 2019 report on pension de-risking on 27 March. The repo...
27 March 2019
Guernsey features in new UN green and sustainable finance report
Guernsey is part of an international movement driving the transition to a low-carbon economic model, highlighted at a high-level conference on sustainable finance taking place in Brusse...
21 March 2019
Guernsey satisfies EU business substance requirements
Guernsey’s global competitiveness as a finance sector has been further enhanced following confirmation from the EU Council’s Code of Conduct Group and the European Council of Finance Ministe...
12 March 2019
EU reaffirms Guernsey as a co-operative Jurisdiction
The States of Guernsey has published its own response to the ECOFIN confirmation on Guernsey's response to legal economic substance requirements in tax governance The Economic and Financi...
12 March 2019
Open Letter to the signatories of amendments NC3, NC4 and NC5 to the Financial Services (Implementation of Legislation) Bill
Guernsey's Chief Minister Gavin St Pier has written an open letter to MPs regarding proposed amendments NC3, NC4 and NC5 to the Financial Services (Implementation of Legislation) Bill De...
06 March 2019
Guernsey offers solution to pension scheme risks
A Guernsey captive-based solution provides a means by which defined benefit (DB) pension scheme deficits can be managed, on-island experts have said. While many predict that up to 40 FTSE 1...
05 March 2019
Guernsey welcomes deferral of the Financial Services (Implementation of Legislation) Bill
The constitutional position of the Crown Dependencies with the UK Government needs to be better understood by Parliamentarians following the UK Government’s decision to defer debate on i...
04 March 2019
Crown Dependencies’ joint response on Parliamentarians’ attempt to impose public registers of beneficial ownership
The governments of Jersey, Guernsey and the Isle of Man have raised strong objections to several amendments that are being proposed to the UK's Financial Services (Implementation of Legislatio...