Tag: Guernsey Finance

VinaCapital announces plan for Guernsey fund migration

| October 5, 2015 | 0 Comments

Directors of the VinaCapital Vietnam Opportunity Fund have announced plans to migrate the fund’s domicile from the Cayman Islands to Guernsey. The fund will also switch from listing on AIM to the Main Market of the London Stock Exchange (LSE) upon completion of the migration. The closed-ended investment company focuses its investment strategy across the […]

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Guernsey funds regime providing key route into Europe for AIFs

| October 1, 2015 | 0 Comments

Figures from the European Securities and Markets Authority (ESMA) have underlined the strong relationship between Guernsey’s fund industry and the European marketplace. Data contained within ESMA’s advice on the granting of third country passports under the Alternative Investment Fund Management Directive (AIFMD), reveal that Guernsey was the third largest non-EU fund domicile, behind only the […]

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Guernsey Finance appoints Middle East representative

| September 29, 2015 | 0 Comments

Guernsey Finance has appointed Zoë Cousens as its first ever Middle East representative. Mrs Cousens relocated to the region at the start of September and will help to promote Guernsey’s financial services industry in the Middle East and be an on-the-ground presence for Guernsey Finance. Based in Dubai, she will act as the main point […]

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Guernsey’s fund and banking industries show stability in Q2

| September 25, 2015 | 0 Comments

Guernsey’s financial services regulator approved 18 new investment funds during the second quarter of 2015, resulting in a total of 112 additions for the year ending 30 June 2015. Figures from the Guernsey Financial Services Commission (GFSC) also show that the net asset value of all funds under management and administration in Guernsey fell by […]

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Guernsey extends market access to EU countries under AIFMD

| September 16, 2015 | 0 Comments

Guernsey has extended market access to EU Alternative Investment Fund Managers (AIFMs) and Alternative Investment Funds (AIFs) doing business in Guernsey. The move follows the European Securities and Markets Authority (ESMA)’s advice to the European Council, the European Commission and the European Parliament that the EU Alternative Investment Fund Management Directive (AIFMD) passport should be […]

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Guernsey Finance hosting industry update

| September 10, 2015 | 0 Comments

Guernsey Finance will brief stakeholders on its 2015 activity and look ahead to 2016 at its industry update. The international promotional agency for the Island’s finance industry will hold its annual update from 4pm on Thursday 24th September at St James. Dominic Wheatley, Chief Executive of Guernsey Finance, will provide a review of the agency’s […]

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Guernsey’s international insurers total more than 800

| August 25, 2015 | 0 Comments

The Guernsey Financial Services Commission (GFSC) licensed 45 new international insurers during the first six months of this year. This comprised six limited companies, two Protected Cell Companies (PCCs), 30 PCC cells, one Incorporated Cell Company (ICC), two ICC cells and four life policy cells. The figures mean that there were a total of 816 […]

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Award wins demonstrate Guernsey’s ILS pedigree

Award wins demonstrate Guernsey’s ILS pedigree

| July 7, 2015 | 0 Comments

Guernsey’s leading position in the Insurance Linked Securities (ILS) arena has been reinforced at this year’s Trading Risk Awards. It comes after two of the jurisdiction’s reinsurance companies, Kelvin Re and Secquaero ICC, were named winners in their respective categories at the London awards. Held annually, the Trading Risk Awards recognise the very best in […]

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Banking innovator to headline business event

| June 17, 2015 | 0 Comments

The Managing Director of Regional Banking at Metro Bank, which opened in 2010 as Britain’s first ‘challenger bank’, will be sharing his unique insight with a local audience on Tuesday 30 June. Chris Brindley, who has more than 25 years’ experience in the retail banking industry, is a leading advocate of community banking and has […]

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KPMG report reveals that Guernsey funds facilitate £25 billion of inward investment to the UK from global investors

| May 18, 2015 | 0 Comments

International Capital Flows, a report commissioned by the States of Guernsey and supported by Guernsey Finance, has analysed the economic benefits provided to the UK and Europe by the Guernsey funds market. The majority of the inward investment is deployed into long-term tangible assets, including private equity, infrastructure and commercial property. All of these asset […]

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