ARTICLE · 05 NOVEMBER 1996
Finance Training Agency - Training News - November 1996
THE NEED FOR AN AGENCY
John Roper, Director General, Guernsey Financial Services Commission
A perennial question which I have to answer is how, with virtually no unemployment, can Guernsey go on growing its finance sector? My stock three answers are: the managed or administered institution, ever improving information technology and more and better training. We have seen administered banks become an increasingly important source of new revenue. information technology continues to amaze with its power to take care of routine tasks and now we have set up the Finance Training Agency.
Retaining our market share in the face of worldwide competition which enjoys access to the same technology and to cheaper labour costs makes it essential that Guernsey can offer high quality services. Attracting new, high- revenue business will also depend upon being able to persuade decision-makers that Guernsey offers the highest standard of quality. Quality must be present in both the technology
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