Within a rapidly changing global finance industry, offshore centres are reassessing their identities and their place within it. Guernsey is one of them, but it has a difficult balancing act to strike between reaching out to new business and preserving its identity.
Guernsey’s campaign to be removed from a US blacklist has succeeded, with Democrat Senator Carl Levin changing his view on the jurisdiction.
Guernsey administrator opens in China, Jersey funds administration recovers to pre-recession levels while Asian bank deposits rise, IoM signs TIEAs with Japan and Indonesia, more planned with Europe.
Guernsey companies have been given approval to list on the Hong Kong Stock Exchange (HKEx), following an agreement reached by the exchange’s committee.