Guernsey has won Citywealth's Gold Award for International Finance Centre of the Year.

The award was presented at the International Finance Centre Award's ceremony in London on 24 January 2023.

Guernsey Finance's Chief Executive, Rupert Pleasant, said he was absolutely thrilled that the island has won such a prestigious award. "Winning gold in this category is a superb recognition of how Guernsey is renowned as a financial jurisdiction. It just goes to show that Guernsey is a well-respected, leading finance centre and remains a safe, stable and secure jurisdiction of choice.

"It was great to also see so many attendees and winners from Guernsey's financial services industry. These are all equally well deserved and a testament to the island's long-established tradition of providing specialist wealth management services to a global client base."

Paul Hodgson, Chair of the Guernsey International Business Association, added: "This award is confirmation of the strength, innovation, diversity and resilience of our financial services ecosystem. The island's wealth management offering appeals to a range of sophisticated clients who appreciate Guernsey's commitment to international standards and professionalism."

The Citywealth IFC Awards commend the excellence of advisers and managers in the private wealth sector across the world's major finance centres. Shortlisted candidates are judged on their achievement, innovation, expertise and service by a highly respected panel of practitioners. Judges will also have experience working with advisers in the candidates' jurisdiction.