Guernsey is host to 40 investment managers, administrators and custodians. It currently attracts promoters from over 30 countries internationally and others continue to show interest. There are over 80 fund management groups represented in Guernsey. So what makes Guernsey so attractive?
There are a number of reasons, not the least of which is being conveniently placed between the US and the Far East time zones and the breadth of experience which Guernsey has to offer. Guernsey has not grown into a major financial centre overnight, but rather the finance sector has developed naturally and gradually over the last thirty-five years - and collective investment schemes have been established in Guernsey throughout this period.
Of great importance to international businesses is Guernsey's wide range of product options and its flexible and responsive regulatory framework with which to design new products. It is, in fact, Guernsey's reputation of maintaining high regulatory standards which is attractive to quality businesses and investors.
In summary, the adjacent list highlights the features which make Guernsey so attractive.
- political stability
- fiscal independence
- wide range of product options
- high regulatory standards
- OECD jurisdiction
- responsive and approachable authorities
- maturity of advice and breadth of experience
- low taxation
- convenient time zone
- competitive administrative costs
- excellent commercial infrastructure
- high level of professional support services
- no exchange controls
For further information contact Peter Crook on Tel: +44 (0) 1481 712 706 or fax: +44 (0) 1481 712 010 or e-mail: info@gfsc.guernseyci.com
Visit the Guernsey Financial Services Commission Web Site at Click Contact Link
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
