VIII YEAR IN REVIEW. Over the past year, total net asset values decreased by £13.0 billion (-4.5%) The statistics are available here. Graham Bippart - 2 mins ago. More than £4 million is spent per year supporting around 700 students studying full-time higher education degree courses outside of the Bailiwick. All agreements with Skipton are completed in Guernsey and governed by Guernsey law. We believe that the attractiveness of Guernsey as a funds domicile is borne out by the fundraising data. Light tax and death duties make Guernsey a popular offshore financial center. because they relate to a year end result) may be submitted in an unaudited form without a … Dubai-based deVere Group has had its application for a Guernsey based Captive approved by the Guernsey Financial Services Commission (GFSC), the financial advisory firm announced this morning. 01481 712706. The total net asset value of Guernsey funds and Non-Guernsey open-ended schemes has increased in Sterling terms during the last quarter by £7.2 billion (2.7%) to £273.1 billion. The largest of seven islands in the Bailiwick of Guernsey archipelago in the Channel Islands, heritage-rich Guernsey delivers international financial clout in scenic surroundings. 01481 712010 [email protected] gfsc.gg. Financial services, professional services, tourism, retail, and … It is the first time the Group has applied and obtained an insurance company licence in northern Europe. This pocket of international finance is a haven for families and history buffs. The UK retains the ultimate responsibility for the good government of the Channel Islands. Guernsey local phone: 01481 722218 International phone: +44 1534 748610. The biggest parish is Castel, while the most populated is St Peter Port. This year saw a kind of arms race between tax haven domiciles. Guernsey moves to further streamline fund establishment process. The Commission does not accept the service of legal proceedings by email. Guernsey’s constitutional position is that it has internal self-government, fiscal autonomy and duty-free entry of produce to the EU. The Scheme offers protection for 'qualifying deposits' up to £50,000, subject to limitations. The Income Tax (Approved International Agreements) (Implementation) (Common Reporting Standard) Regulations, 2015 (the “Regulations”) will come into force with effect from 1 December 2015 and will be laid before Guernsey’s States of Deliberation on 26 January 2016. Construction, manufacturing, and horticulture, mainly tomatoes and cut flowers, have been declining. Whistleblowing line: 01481 748094 Whistleblowing Email: [email protected] gfsc.gg. Guernsey’s financial services industry, the engine of the island’s economic growth over the past half-century, values its relationship with the City of London and position within the British finance industry. Field Listing :: Fiscal year This entry identifies the beginning and ending months for a country's accounting period of 12 months, which often is the calendar year … His explains that client was mis-sold. WE ARE GUERNSEY is the brand under which Guernsey Finance promotes the island's financial services sector internationally. By Kate Youde. 01481 712010 [email protected] gfsc.gg. 2 years ago. How that came to pass is a strange story, one that highlights the profound difficulties that regulators face when trying to shed light on financial markets. Guernsey Financial Services Commission, Glategny Court, Glategny Esplanade, St Peter Port, Guernsey, GY1 3HQ. 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