Guernsey

Tax & Regulation | 4 Dec 13

Guernsey has introduced an opt-in regime for funds established in the jurisdiction but which need to be compliant with AIFMD regulations within the European Union.

Tax & Regulation | 26 Nov 13

Guernsey’s Financial Services Commission has fined Generali Worldwide Insurance Company £150,000 for what it said were “failings in systems and controls” that occurred between 2008 and 2010.

United Kingdom | 19 Nov 13

Guernsey is considering amending the pension provisions of its income tax law to enable so-called pan-island occupational pension schemes to again receive transfer payments from UK-registered pension schemes.

Europe | 19 Nov 13

The Guernsey Financial Services Commission has signed a Memorandum of Understanding with the Chinese Securities Regulatory Commission, setting out a framework to exchange information between the two authorities.

North America | 22 Oct 13

The Channel Islands of Jersey and Guernsey have signed 'intergovernmental agreements' on the automatic exchange of tax information with the UK, adding to existing provisions that currently provide for information to be exchanged between the authorities of the two Crown Dependencies and the United Kingdom.