The benefits of Guernsey as a fund domicile.
Guernsey is one of the world's largest offshore finance
centres, with a thriving funds industry. Almost 1,000
investment funds, and well over 2,000 sub-funds, are currently
administered in the island. The current value of funds under
management and administration in Guernsey is approximately
£250 billion.
But what are the reasons for this? And what are the advantages
of establishing a fund in Guernsey when compared to other
jurisdictions?
We believe that the following reasons help to explain
Guernsey's success and provide strong arguments for choosing
Guernsey.
The Regulatory Regime
Guernsey maintains a proportionate, flexible and competitive
funds regulatory regime, adopting a risk based approach to ensure
that appropriate levels of investor protection are maintained,
whilst at the same time avoiding unnecessarily complex or
burdensome regulation (or granting waivers of certain regulatory
requirements where