In an innovative move in mid-March, Guernsey Finance led a
delegation of the island's professional services firms to New
York, seeking to capitalise on what they see as a growing
opportunity for Guernsey to attract business from wealthy
Americans. Another interesting development is that the island
has also announced the intention to debate in
Parliament proposals for 'assisted dying' which is
being supported according to a recent article in The Telegraph by Chief
Minister Gavin St Pier.
On the topic of US clients, who were once shunned as an overly
complex client base following the introduction of the Foreign
Account Tax Compliance Act (FATCA) in 2010, opinions have now
changed, and professionals see this as the opportunity to attract a
powerful niche. Kate Clouston, Deputy CEO at Guernsey Finance
explains why.
