Guernsey is a well regulated British Crown Dependency and remains a jurisdiction of choice for companies and individuals seeking trust, corporate and pension products and services.
Guernsey has long been considered a centre of excellence for the provision of offshore financial services. The Island is renowned for its robust yet pragmatic regulatory environment and is on the G20 ‘white list’ as having substantially implemented internationally agreed tax standards.
Guernsey is not part of the United Kingdom and has autonomy of internal government, including taxation. The legal system is derived in part from the customary laws of Normandy but has been strongly influenced by English law. In addition, Guernsey is not part of the European Union and therefore EU directives on fiscal harmonisation, financial services and company law do not have effect in Guernsey. In this respect, Guernsey enjoys significant advantages over other jurisdictions.
All aspects of the Island’s financial services industry are carefully regulated by the Guernsey Financial Services Commission (“GFSC”). Financial services businesses such as Bourse are licensed by the GFSC according to their activities.
Bourse 2017 Nom-Dom Solution
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