Guernsey

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.

Europe | 8 Jan 13

Guernsey has caught up with the two other crown dependencies on foundation law, following the island registry’s announcement that it is ready to accept registration of its first foundations from tomorrow.

North America | 30 Nov 12

The Governments of Jersey, Guernsey and the Isle of Man issued statements late this afternoon saying that they had met with UK Treasury officials about the possibility of extending the principles behind FATCA "to an exchange of information” with Britain.

Tax & Regulation | 8 Nov 12

The Jersey Financial Services Commission has published the results of its consultation on a review of the island’s financial advisory industry, ahead of the 2014 start date for implementing the recommended changes.