Search Results for: Guernsey
Guernsey Regulator informs on License fee increase
November 9th, 2016
Guernsey Regulator has issued a press release to inform for the Commission’s 2017 Licence Fees. The Guernsey Financial Services Commission has confirmed that it will apply a blended rate increase of 2%, including anomalies, to the fees charged to licensees ...
Guernsey Proposes New Fintech Regulation
August 31st, 2016
Guernsey has proposed new rules and guidance relating to consumer credit and innovative financial service businesses, including those in the “Fintech” space. The revisions to the island’s financial regulatory framework are intended to promote growth, while protecting the interests ...
Jersey, Guernsey Eligible For EU Funds Passport
July 25th, 2016
The European Union securities regulator, the European Securities and Markets Authority, said there are no significant obstacles to extending the Alternative Investment Fund Managers Directive (AIFMD) passport to Guernsey and Jersey. ESMA’s view is contained in advice to the ...
Guernsey, Jersey, Isle Of Man Join SEPA
February 16th, 2016
The European Payments Council has confirmed that from May 1, 2016, Guernsey, Jersey, and the Isle of Man will become part of the geographical scope of the direct debit and credit transfer schemes of the Single Euro Payments Area. ...
Guernsey Funds Sector Contracts
September 24th, 2015
The net asset value of total funds under management and administration in Guernsey decreased in sterling terms over the quarter ended June 30, 2015, by one percent to GBP219.9bn (USD336.57bn). For the year since June 30, 2014, total net ...
KPMG report reveals that Guernsey funds facilitate £25 billion of inward investment to the UK from global investors
May 13th, 2015
International Capital Flows, a report commissioned by the States of Guernsey and supported by Guernsey Finance, has analysed the economic benefits provided to the UK and Europe by the Guernsey funds market. The majority of the inward investment is ...
Guernsey Named Best International Finance Center
May 8th, 2015
Guernsey has been named Best International Finance Center at the WealthBriefing European Awards 2015. The announcement was made last week during a ceremony at the Guildhall in the City of London. It was the third annual European awards ceremony ...
Guernsey Tax Regime Review Continues
January 7th, 2015
Guernsey’s Policy Council has received a draft report that considers the future of the island’s personal tax, pensions, and benefits systems. The report was jointly prepared by the Treasury and Resources Department and the Social Security Department, with a ...
Guernsey Welcomes Latest Financial Center Rankings
October 17th, 2014
Guernsey has taken third place in this year’s global rankings of specialist financial centers issued by trade publication The Banker. Guernsey was once again ranked third behind the Cayman Islands and Jersey, however the figures this year show that ...
More wealthy Europeans are leaving the U.K., movers say
January 17th, 2019
With the Brexit deadline less than 75 days away, the increasing likelihood of a no-deal split is pushing wealthy Europeans who have made their homes in the U.K. to call it a day and get the movers in. Anthony ...
