European Investment Fund (EIF) able to invest in Guernsey again

By: GIFA , Friday, March 29, 2019

Guernsey funds have been reopened to millions of euros of potential investment as a result of the confirmation from the European Council of Finance Ministers (ECOFIN) that the island is now considered a transparent and cooperative jurisdiction by the European Union.

“We are delighted to hear the news that Guernsey is fully recognised by ECOFIN as a cooperative and transparent jurisdiction and that as a result the EIF has confirmed its policy that it is willing to invest in Guernsey Funds”,  said Paul Smith Chair of GIFA.

More on the announcement can be found here.

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