Guernsey Finance, the promotional agency for Guernsey’s financial services industry, is more relevant today than ever in its 20-year history, its Chairman has said. Deputy Lyndon Trott, who to...Read More
South Africa Update - August 2019
The latest update from International Business Development Director James Crawford Myself and our travelling delegation – representing Carey Olsen, Maitland and Cannon Asset Management – a...
20 August 2019
Asia update - August 2019
Here is the latest update from Asia Pacific Representative Dorothy Kwok in Hong Kong The summer is generally a quieter time in Asia, but Wendy and I have been busy preparing for upcomi...
20 August 2019
Migrating to Guernsey - a jurisdiction of quality and substance
Over recent years, Guernsey has seen an influx of entities migrating from other jurisdictions, for a multitude of reasons, which reflects Guernsey's strong offering in key areas across t...
23 July 2019
Guernsey plays its part in OECD success against tax evasion
Guernsey Finance Chief Executive Dominic Wheatley reflects on the findings of the latest OECD tax report to world leaders. Further confirmation of the approach currently being taken ...
17 July 2019
Beneficial ownership registers are working in Guernsey
The system by which Guernsey, the other Crown Dependencies and the Overseas Territories exchange information on beneficial ownership with the UK authorities has been described as “extreme...
08 July 2019
Crown Dependencies announce steps regarding beneficial ownership regimes
Guernsey and its fellow Crown Dependencies – Jersey and the Isle of Man – have jointly published their roadmaps for the development of their register of beneficial ownership regimes. The mo...
19 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...
07 June 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...
28 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...
29 April 2019
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...