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ARTICLE · 28 JUNE 2017

Fund Activity Represents Guernsey's Continuing Progress

The streamlined application process also allows a new insurer to be established in a single business day.

GuernseyWealth Management

Guernsey Finance Chief Executive Dominic Wheatley writes in WealthBriefing's IFC World 2017 about Guernsey's advancements in the finance sector over the past year.

Guernsey's financial services sector has continued to thrive and develop over the past 12 months. This is particularly the case in the island's funds sector where Guernsey has once again been confirmed as the global finance industry's number one choice for non-UK entities listed on the London Stock Ex­change (LSE).

LSE data shows that there were 124 Guernsey-in­corporated entities listed on the Main Market and AIM at the end of 2016, which is more than 40 ahead of its nearest competitor, and reaffirms the high regard in which Guernsey is held by profes­sional advisers in the City of London and beyond. In total, Guernsey added nine new entities to the LSE markets during 2016, which is the same number as its two nearest competitors combined, excluding the UK.

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