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Guernsey

Julius Baer adds five heavy hitters in Guernsey

People Moves | 6 Apr 16

Julius Baer adds five heavy hitters in Guernsey

Swiss private banking group Julius Baer has strengthened its Channel Islands offering by adding five heavyweight private banking and investment management professionals to its Guernsey operation.

Guernsey funds enjoy year-on-year growth, now worth £230bn

Equities | 22 Mar 16

Guernsey funds enjoy year-on-year growth, now worth £230bn

The funds business in Guernsey is now worth £227.6bn ($323.7bn, €288.2bn) – a year-on-year increase of £8.2bn in net asset value, data from the Guernsey Financial Services Commission (GFSC) has revealed.

Crown dependency DTA change ends property developer loophole

Tax & Regulation | 17 Mar 16

Crown dependency DTA change ends property developer loophole

The UK’s double tax agreements (DTA) with Guernsey, Jersey, and the Isle of Man have been amended so that non-UK resident property developers will no longer be able to avoid paying income or corporation tax in the UK.

Guernsey court refuses to reverse man’s £560k tax bill

Tax & Regulation | 17 Mar 16

Guernsey court refuses to reverse man’s £560k tax bill

A Guernsey court has refused to reverse a decision that left a man with over half a million pound tax bill after he was wrongly advised that he could withdraw £1.4m ($2m, €1.8m) from his pension pot.

Caution urged over EEA secondary share sale offer

Companies | 11 Mar 16

Caution urged over EEA secondary share sale offer

Investors in the beleaguered Guernsey-based EEA Life Settlements Fund have been offered the opportunity to register some, or all, of their shares for a proposed secondary share sale in March or April this year. But caution has been urged.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.