Guernsey's Chief Minister, Lyndon Trott, has followed up
recent meetings with key opinion formers in Washington by briefing
high-profile MPs in London about the Island's financial
This included meetings with Liberal Democrat Treasury spokesman
Dr Vince Cable, members of his front-bench team of Shadow Ministers
and his senior economic advisers.
"This was an excellent opportunity to brief the very
influential Dr Cable and his team," said the Chief
"It was an extremely positive meeting in which we were able
to discuss a number of issues of mutual interest in great detail.
These included international financial regulation, the importance
of a robust and co-ordinated response to the global downturn and
Guernsey's recent 'white listing' by the OECD.
"It was a constructive session and Dr Cable left us in no
doubt that as a result of the meeting he was much better informed
Peter Niven, Chief Executive of Guernsey Finance – the
promotional agency for the Island's finance industry, said:
"It is important that Guernsey makes every effort to
communicate and engage with senior UK politicians, especially those
such as Dr Cable who have been vociferous in their condemnation of
so-called 'tax havens' and 'offshore'
"These meetings have been a very useful platform for
relaying key messages about the Island's finance industry, the
business we conduct and our cooperative stance in meeting the
highest international standards of regulation and transparency.
"The fact that these meetings follow so closely after the
Chief Minister's visit to Washington shows how keen we are to
build on our OECD 'white listing' by highlighting that we
are very much in the top tier of international finance
A series of further meetings included talks with Shadow Justice
Secretary and Shadow Attorney General Dominic Grieve, a close
political ally of Conservative leader David Cameron; the Shadow
Justice Minister Eleanor Laing, a highly respected Parliamentarian
whose brief includes relationships between the Crown Dependencies
and the UK; and David Gauke, the number two to Shadow Chancellor
George Osborne in the Conservatives' Treasury team.
The Chief Minister added: "These meetings are vital for
Guernsey and are proving to be very productive. It is important for
us to maintain strong and effective dialogues with politicians in
the UK on the issues which affect the people of Guernsey.
"It is important for Guernsey and the UK to continue their
collaborative approach across a range of issues. The meetings I had
have strengthened that collaborative approach."
The Chief Minister hopes to meet Mr Osborne and former
Opposition leader William Hague before the end of the year. He will
be providing monthly updates to the Conservatives about the
Island's position and any international developments.
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