Guernsey's capacity to offer substance is a major attraction
for asset managers amidst the changing international tax and
regulatory standards, according to panellists at the Guernsey Funds
Forum 2015.
The event was held in London last week and attracted more than
500 attendees.
Providing his introduction to the forum, Dominic Wheatley, Chief
Executive of Guernsey Finance, said: "Guernsey is home to
major international fund administration names and, increasingly, to
leading asset managers with offices, staff and growing teams in the
Island. We are a fund jurisdiction of real substance."
The issue of substance was explored further during the first
panel session, which was titled 'meeting the needs of European
private equity' and included a focus on Base Erosion and Profit
Shifting (BEPS) and the Alternative Investment Fund Managers
Directive (AIFMD). James Gee from Weil told delegates that Guernsey
was doing a "very good job" at meeting challenges such as
BEPS
