Christopher Jehan, Chair of the Guernsey Investment & Funds Association
(GIFA), extols the virtues of Guernsey as a stable and amenable
funds domicile.
Increasingly, Guernsey is seen as a global financial centre of
choice for many reasons. The island has an impressive history in
financial services, and our funds offering has been a major part of
that over the past four decades. The Guernsey Investment and Funds
Association, representing our industry, is now 30 years old and our
flagship annual event in London, the Guernsey Funds Forum, has just
been run for the 10th time.
Guernsey funds can access Europe. We are not in the European
Union and, as a result, we do not have access to the funds
passports available to UCITS and Alternative Investment Funds
(AIFs) in the EU. This, however, can be a benefit for Guernsey
funds. Firstly, a number of key European jurisdictions can be
reached by way of the National Private Placement Regime (NPPR, for
non-EU funds) faster than
