The unprecedented effects of coronavirus (COVID-19), and the
consequential widespread travel restrictions and
'stay-at-home' measures, are causing severe pressures on
the cash flow of many trading companies. This is causing listed
companies to consider alternative ways of raising capital on an
urgent basis, resulting in a resurgence in the popularity of cash
box structures. This note sets out a summary of cash box
transactions and the benefits of using a Guernsey cash box
company.
The resurgence in cash box structures has been aided by the
UK Pre-emption Group temporarily relaxing its Statement of
Principles as a result of the current circumstances, thus opening
the door to the use of cash box structures in a wider range of
circumstances.
