Guernsey is again the global finance industry's number one choice for non-UK entities listed on the London Stock Exchange (LSE).

LSE data shows that there were 124 Guernsey-incorporated entities listed on the Main Market and AIM at the end of 2016.

Guernsey added nine new entities to the LSE markets during 2016, which is the same number as its two nearest competitors combined, excluding the UK. Those Guernsey entities included Hadrian's Wall Secured Investments, the first investment company to list on the LSE's Main Market in 2016, and VinaCapital Vietnam Opportunity Fund, which completed its migration from the Cayman Islands to Guernsey and its move from AIM to the premium segment of the Main Market in the early part of last year.

Guernsey's total number of non-UK LSE listings is more than 40 ahead of its nearest competitor, which is Jersey with 82.

"These figures show that Guernsey remains the jurisdiction of choice for entities listing on the London Stock Exchange," said Dominic Wheatley, Chief Executive of Guernsey Finance.

"Our expertise, owing to the fact that so many companies and securities on the exchange are already incorporated in the island, is why funds such as VinaCapital have moved their domicile to Guernsey recently. They value the well-established infrastructure available in Guernsey and recognise the island as a leader in this area. The fact that Guernsey has added more than double the number of entities of our nearest competitor also reaffirms the high regard in which Guernsey is held by professional advisers in the City of London and beyond."

In total, Guernsey has 91 non-UK entities listed on the Main Market of the LSE and is home to 33 entities listed on AIM. In addition, Guernsey is the clear market leader in terms of the number of non-UK 'Equity Investment Instruments' – the majority of investment funds – listed on the LSE with 74.

Guernsey, located in the Channel Islands between the UK and France, is an independent dependency of the UK Crown. It is outside of the EU but is granted access to European markets through demonstrated regulatory compliance. Its finance industry is regulated, governed and operated by pragmatic domestic institutions to the highest international standards. Guernsey has more than 1,000 investment funds domiciled or serviced in the island, 150 licensed fiduciaries and 800 licensed insurance vehicles. Guernsey Finance is the international promotional agency for the island's finance industry.

For more information about Guernsey's finance industry please visit www.guernseyfinance.com.

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