Guernsey Continues To Stand Strong

Oliver Godwin of Bedell Group examines the fund landscape of Guernsey.

HFMWeek (HFM): Over the last 12 months, what regulatory changes have been of the most significance to Guernsey and why?

Oliver Godwin (OG): Regulation is constantly changing, not only within Europe, but worldwide. This ever-evolving process creates an air of uncertainty for many jurisdictions, although, Guernsey continues to more than just meet its regulatory obligations on the local and international stage.

The proof of this is evidenced by Esma recommending that Guernsey be given the third country passport under AIFMD. This recommendation highlights that Guernsey is receiving recognition for its hard work in having a regime that meets the requirements of the AIFMD rules, being OECD compliant for tax transparency and having appropriate AML laws in place.