Guernsey
Chinese conglomerate moves on Guernsey and London fund houses
A Chinese conglomerate with ambitions in the west has acquired a London-based asset manager and its Guernsey-based subsidiary.
Best Practice | 30 Nov 17
Guernsey Finance: ‘Not sure what more we’re supposed to do’
Guernsey Finance chief executive Dominic Wheatley is “not sure what more we’re expected to do” to help improve transparency in the fight against offshore tax evasion, he told International Adviser.
Offshore chiefs bid to avoid EU blacklist
Island jurisdictions including Bermuda, Jersey, Guernsey and Cayman have been making last ditch efforts to avoid being blacklisted by the EU.
Two charged in $150m Providence scam
The chief executive of Providence Companies Group has been federally indicted, along with its chief operating officer, for orchestrating a $150m (£112.5m, €125.8m) fraud that saw the firm’s operations in Guernsey and a Jersey-based IFA firm shut down in 2016.
Alternatives | 23 Nov 17
Multi-million debts seal rare stamp dealer’s fate
SG Guernsey, a wholly owned Stanley Gibbons subsidiary, has gone into administration with £70m in debts and leaving stamp collecting investors in limbo.