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ARTICLE · 31 JULY 2017

Guernsey – An Island Of Stability

Stability and innovation remain front and centre as the key drivers for Guernsey's financial services sector, writes Guernsey Finance Chief Executive Dominic Wheatley.

GuernseyWealth Management

Stability and innovation remain front and centre as the key drivers for Guernsey's financial services sector, writes Guernsey Finance Chief Executive Dominic Wheatley.

As a self-governing jurisdiction with its own parliament, Guernsey is not faced with going through the same protracted Brexit negotiations that the United Kingdom is currently presented with. Indeed, our position as a British Crown Dependency means we are not and, have never been, part of the United Kingdom or the European Union.

Therefore, the fundamental principles of our established relationship with both will not change because of Brexit, including our access to the EU. The Guernsey Government and the island's finance industry has already done the hard yards in terms of negotiating and gaining non-EU 'third country' status – a status which gives Guernsey guaranteed access to EU Member States.

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