Guernsey has a long history of being a well-respected private
wealth jurisdiction and one that has always looked to diversify its
offering.
Indeed, recent years have evidenced this more than most. Just
some of the developments in the fiduciary industry include creation
of the world's first image rights register and accompanying
legislation, the introduction of Guernsey's own foundations
legislation and the launch of the Guernsey-based 2-REG, the Channel
Islands Aircraft Registry, at the end of 2013.
Most recently Guernsey introduced its own form of Limited
Liability Partnership (LLP) with effect from May 2014 in response
to increasing demand for this type of structure.
It becomes clear when looking at some of these innovations more
closely how Guernsey's heritage of more than 50 years in the
provision of financial services has created an environment capable
of catering for the widest range of client needs.
