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...Read More
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
Outstanding private bank award for Kleinwort Hambros
Kleinwort Hambros has been named the “Outstanding Private Bank” in the Crown Dependencies by the magazine Private Banker International for the fourth consecutive year. The award celebrates t...
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
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...
08 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
Oak acquires IAG on day of deals in Guernsey
Guernsey-headquartered Oak has completed the acquisition of a fellow Guernsey business, corporate services and fund administration group International Administration Group (IAG). IAG was found...