PRESS RELEASE - Finance Training Agency

Embargoed: For use until after 17.00 Tuesday 5 November 1996

At 17.00 on Tuesday 5 November 1996 Guernsey's new Study Centre will be formally opened by Lord Armstrong of Ilminster. Lord Armstrong has strong links with the Island through his Directorship of N M Rothschild & Sons.

The purpose of the Centre is to provide a focal point for addressing the Island's future training needs.

The Study Centre in Nelson Place, Smith Street, is the result of collaboration between the Guernsey Financial Services Commission and three States Departments: Advisory & Finance, Board of Industry and the Education Department.

The Commission, working with the Guernsey International Business Association, established the Finance Training Agency (FTA) in June 1996. The FTA has been responsible for designing and equipping the Centre with the support of the States Architect's and States Works Departments.