Guernsey

Europe | 10 Dec 13

Jersey and Guernsey are to establish a joint office in Caen, France, to represent both islands’ interests with French authorities.

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.