A number of legislative and regulatory developments in both Jersey and Guernsey are explored in our autumn issue of Collas Crill Funds News

More than 75 members of London’s film community attended a presentation in Soho yesterday evening showcasing the potential benefits of using Guernsey’s finance industry.

A new organisation has been formed to promote Guernsey as an international centre of excellence for the financing of independent films.

The Chief Minister of Guernsey has welcomed support from European Parliamentarians and the European Commission for the positive contribution the Island makes to the European economy.

2007 has seen Guernsey maintain its pre-eminent position as a leading international finance centre.

The Organisation for Economic Cooperation and Development (OECD) - the leading international standards-setter for tax transparency and cooperation - has underlined Guernsey's reputation as a cooperative jurisdiction.

The recent implementation of laws enforcing the licensing of trust companies in Guernsey has helped raise standards across the board, creating common standards, such as the four-eyes process, to which all trust providers have to comply

Any suggestion that the private banks in Guernsey are struggling to succeed is quickly crushed by the facts. By the end of March 2007 total deposits held with Guernsey banks had reached a new record level of £105.3 billion (up 14% during the first three months of 2007 and a 23% rise year on year) and total assets and liabilities had increased to a new high of £116.3 billion.

In this article Julian Winser, Chief Executive Officer of Schroders in the Channel Islands, takes us on a journey to see how the adaptability of Guernsey and Jersey has ensured that they remain attractive jurisdictions for international private banking despite the pressures of a changing world.

Newly issued figures show that the value of investment fund business in Guernsey fell by £3.4 billion (1.2%) during the third quarter of 2011.

Bank Julius Baer's 20th year of operation in Guernsey has seen significant growth in the local office following the acquisition of the Merrill Lynch International Wealth Management business outside the US.

The Kleinwort Benson Group has received its first credit rating as a stand alone entity.

Newly released figures show that Guernsey’s finance industry is in good health, according to Peter Niven, Chief Executive of Guernsey Finance – the promotional agency for the Island’s finance industry.

Questions also remain about economic substance, such as office space, tangible assets and employees.

THE FOUNDATIONS (GUERNSEY) LAW, 2012 came into force at the beginning of 2013. Since then, we have seen steady growth in the number of foundations being registered in the island.

Yorkshire Guernsey has been named provider of the Best Offshore Business Deposit Accounts by Moneyfacts.

Merger and acquisition activity in offshore jurisdictions in 2018 is racing ahead of the previous, according to new research from law firm Appleby.

The first permanent capital vehicle (PCV) was launched as a Guernsey limited partnership.

Guernsey’s fund industry is in 2007 continuing to experience the growth that was the hallmark of 2006 and in particular there has been significant interest from fund promoters and sponsors in the Island’s new registered closed-ended funds regime.

Developers seeking the best solution for their financing can do no better than to seek advice from and to conduct their business in Guernsey.