Dominic Wheatley, Chief Executive of Guernsey Finance,
delves into some of the latest developments to be launched on the
island.
Guernsey has continued to solidify its position within the
mainstream of international finance over the course of 2016.
Notable developments to take place in the island's financial
services sector over the past year include introducing not one, but
two new fund regimes, opening a representative office in Hong Kong,
reaffirming its global leadership on standards of anti-money
laundering (AML) and being recommended for a 'third
country' passport under the Alternative Investment Fund
Managers Directive (AIFMD).
The high-regard in which Guernsey's finance industry is held
internationally was also evidenced in October when it played host
to a Chinese family office delegation. The delegation were so eager
to learn about Guernsey, its position as a leading offshore
jurisdiction and to understand the regulations and structures that
exist on
