Guernsey

North America | 15 Mar 13

Guernsey is preparing to finalise a draft tax disclosure agreement with the UK based on the principles of the US government’s Foreign Account Tax Compliant Act, which it is also implementing.

Europe | 13 Mar 13

Deposits held with Guernsey banks fell by £10.2bn in the last three months of 2012, which was mainly attributed to the “transfer of a book of business to another Crown Dependency”.

People Moves | 8 Mar 13

The Guernsey Financial Services Commission has announced a successor to its director general Nik van Leuven who is due to retire in June.

United Kingdom | 16 Jan 13

Yesterday’s news that Guernsey’s Clydesdale Bank International is to add its name to the growing list of banks that have surrendered their licences on the island since 2008 may have cast a pall over St Peter Port, but executives of at least one Guernsey bank insist that reports of the industry’s demise have been exaggerated.

United Kingdom | 15 Jan 13

Clydesdale Bank International, the Guernsey-based offshore arm of Clydesdale Bank, is closing to new business with immediate effect, following a review of the business.