Simon Mackenzie and Marie McNeela, managing directors of
Intertrust in Jersey and Guernsey respectively, explain what Brexit
will mean for the Channel Islands and how collaboration remains a
key pillar of the firm's future strategy in the
jurisdictions.
The Channel Islands have long demonstrated that they can
handle change and have a history of embracing the opportunities
that come through change. The United Kingdom leaving the European
Union, while a major development, is no different. As Crown
Dependencies, the Channel Islands are not members of the EU,
however they set equivalent standards for many elements of the
legislative landscape and are represented in international
negotiations by the UK Government. A political shift on this scale
is bound to cause uncertainty but the islands have survived and
prospered through turbulent times before. Brexit is another chance
to demonstrate just how resilient and nimble the jurisdictions
are.
