Originally published in HNW Journal, March
2008, Online Version
Over the past 50 years Guernsey has established
itself as a leading international centre for wealth management.
The Island has built a reputation for excellence in providing a
range of products from sectors broadly comprising banking,
investment funds, asset management, stockbroking and fiduciary
services. Guernsey's continued presence at the
forefront of the wealth management industry is largely due to
its adaptable, flexible and innovative nature.
These traits are no better illustrated than by the
Island's willingness to review and amend legislation
even in times of success so as to ensure that providers based
in Guernsey can continue to offer clients the very widest range
of products and services. A significant example is the new
Guernsey Trusts Law that will be effective from Monday 17 March
and includes the introduction of Purpose
