Promoters of investment funds can access a unique set of
custody services in Guernsey.
The Island offers not just standard custody operations
but also providers with the knowledge and capacity to take on the
responsibility of being a trustee – hence the name
'custodian trustee services'.
Giving You the Full Picture
The requirement for Guernsey open-ended funds (which
predominantly comprise B Schemes) to have a Guernsey based
custodian is at the cutting edge of regulatory developments to
enhance supervision in the wake of the financial crisis.
This obligation, coupled with Guernsey's heritage in
providing a wide range of financial services including wealth
management solutions, means that the Island is a leader in this
field. It is able to offer not just general custody services such
as dealing and settlement but also a series of globally renowned
providers who can take on a fiduciary role played by a trustee.
Where this is the case, the custodian works with the other
parties in the fund structure, such as the administrator, to
provide robust support for corporate
This gives the board what is, in effect, another pair of
independent eyes. The transparency can be of extra comfort to
Our providers of custodian trustee services view their offering
as an integral piece in the jigsaw that allows you
to have a complete picture of your fund structure.
Guernsey closed-ended schemes are not required to have a
Guernsey custodian trustee but in fact many still do use a Guernsey
custodian, perhaps to have another prominent name associated with
the vehicle and/or an independent entity to provide oversight.
Guernsey custodians are also well equipped to handle funds
established in many different parts of the world.
Why Else Would You Choose Guernsey?
Guernsey – independent from the UK and EU –
has a history of political and economic
The Island is located between the UK and France, within easy
reach of and good links to both the London and
It is English speaking, uses the British pound Sterling and is
in the same time zone as the UK – so
business is conducted as far and wide as both the Far East and the
US in the same day.
Guernsey has over the last 50 years established itself as a
leading international finance centre.
There is significant infrastructure and
expertise, with the Island boasting nearly 600
Guernsey plays host to globally renowned
finance houses with the knowledge and capacity to act as custodian
They have access to global markets, either
through their own networks or third-parties.
There is flexibility to manage a wide variety
of structures as well as asset classes.
Custodian business is not tied to administration –
promoters can choose whether to use providers of
administration and custody as totally independent entities.
A wide-range of services such as banking,
fiduciary services and stockbroking are also available
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