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

Guernsey Finance to update industry on 2020 plans

Progress made during 2019 at Guernsey Finance, the promotional agency for the island’s financial services industry, will be highlighted at an open event later this week. The agency’s annu...

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Update approved for Guernsey insolvency law

Changes in Guernsey’s Insolvency Law have been approved by the island’s government, the States of Guernsey. Amendments to the island’s 2008 Companies (Guernsey) Law will make Guernsey an ev...

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Guernsey's Friends Life acquired by Aviva for £5.6bn

Friends Life Group Limited has today been acquired by Aviva plc for £5.6 billion. Friends Life is a Guernsey-incorporated company listed on the Main Market of the London Stock Exchange and t...

Published

10 April 2015

Ravenscroft acquires 75% stake in UK stockbroker

Ravenscroft has expanded into the UK after purchasing a 75% stake in Peterborough-based private client stockbroking company A Vartan Limited, now to be re-branded as Vartan Ravenscroft. J...

Published

23 March 2015

Guernsey boosts financial services ties with the USA

Guernsey's Chief Minister, Jonathan Le Tocq, has held a series of meetings in Washington to boost the Island's reputation as a leading international finance centre. A week after Guernsey and t...

Published

10 February 2015

Guernsey's Praxis Group announces Channel Islands merger

Guernsey-based Praxis Group and Jersey-based IFM Group have announced plans to merge and create one of the largest independent and owner-managed financial services groups headquartered in t...

Published

27 January 2015

Guernsey Government completes £330 million bond issue

Guernsey's Government has completed the £330 million bond issue for its inaugural States of Guernsey Bond. The issue was over-subscribed, showing a strong level of investor interest, which enabl...

Published

18 December 2014

BDO sees accelerated growth in Guernsey

Global expansion for the BDO network is mirrored by strong local performance in 2014 for Guernsey firm BDO Limited. Accountancy and business advisory firm BDO Limited has announced a year ...

Published

11 December 2014

Guernsey Government to issue bond

The Treasury and Resources Department at the States of Guernsey has progressed preparations for the issuance of an inaugural States of Guernsey Bond. The States of Guernsey through i...

Published

28 November 2014

Guernsey assigned AA+ credit rating by S&P

The international credit rating agency, Standard and Poor's, has assigned Guernsey a high grade AA+ credit rating and has confirmed that the outlook is stable. The AA+ grade remains unchang...

Published

29 October 2014

New Guernsey Finance Chief Executive is named

The Board of Guernsey Finance has announced today that Dominic Wheatley will be appointed as Chief Executive with effect from 1 December. Mr Wheatley will replace Fiona Le Poidevin, who...

Published

20 October 2014

Rankings confirm Guernsey as a leading specialist finance centre

Guernsey has solidified its position as one of the top three specialist financial centres in the world in the latest global rankings issued by trade title The Banker. The magazine is part of t...

Published

13 October 2014