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ARTICLE · 16 JUNE 2008

Guernsey – The Pioneer

Guernsey Finance
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Guernsey pioneered the cell company concept when in 1997 it introduced the Protected Cell Company. The success of this innovation is illustrated by the fact that the cell company is now used across the financial services world as an alternative application for the structuring of products.

GuernseyWealth Management
Peter Niven
Peter Niven
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Originally published in the Cell Company Handbook, 2008

Guernsey pioneered the cell company concept when in 1997 it introduced the Protected Cell Company (PCC). The success of this innovation is illustrated by the fact that the cell company is now used across the financial services world as an alternative application for the structuring of products.

However, it is Guernsey which is the jurisdiction with the greatest experience in utilising the concept. During the past decade it has built up a wealth of expertise in the cell company field.

In addition, as well as adopting the innovative Incorporated Cell Company (ICC), the Island has through legislative advancements developed a regulatory infrastructure that enables a particularly wide employment of them.

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