Guernsey's Chief Minister Lyndon Trott has been briefing key
UK Government figures during the Labour Party conference in
This included pre-arranged face-to-face meetings with Stephen
Timms, Financial Secretary to the Treasury – who has
oversight of taxation in the UK; Sarah McCarthy-Fry, Exchequer
Secretary to the Treasury – with responsibility for
personal savings, pension policy and financial crime; Ian Person,
Economic Secretary to the Treasury; former Paymaster General
Geoffrey Robinson; and Lord Bach, the Minister at the Ministry of
Justice with responsibility for the Crown Dependencies.
The Chief Minister also addressed a seminar organised by the
Association of Chartered and Certified Accountants (ACCA) and
another organised by Christian Aid, which asked whether an end to
tax havens would bring an end to global poverty.
The Chief Minister said: "I explained our recent inclusion
on the OECD 'white list' and was able to engage with all
the key stakeholders present. I think attending these events is
very valuable. Speaking at these events isn't simply about
raising Guernsey's profile, it's about breaking down
misconceptions and targeting those people who have the most
influence over the development of policy. We don't sit back and
wait for an opportunity nowadays – we seek them
The Chief Minister said that he had been stressing
Guernsey's important and mutually beneficial relationship with
the City of London, as well as the importance of distinguishing
between the premier league of international finance centres and
those substantially less compliant with global standards.
He will also be attending the Conservative Party conference next
In its judgment of 19th September 2016 in In the matter of D, E and F Trusts  JRC 166C, the Royal Court applied, for the first time, the statutory mistake provisions embodied in Article 47E of the Trusts (Jersey) Law 1984.
Sponsored investment entities resident in a jurisdiction that has entered into a Model 1 intergovernmental agreement with the United States for FATCA (such as the Cayman Islands) that have US reportable accounts . . .
The Cyprus Ministry of Finance has announced that the Russian government has agreed to defer the introduction of source-based taxation of capital gains on shares in "property-rich" Russian companies...
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