GILTI or maybe not……..

The United States has recently imposed the Global Intangible Low-Taxed Income tax (‘GILTI Tax”) on Controlled Foreign Corporations (‘CFCs’), i.e. non-US companies where a US company, partnership or person owns more than 50 percent of that non-US company. The GILTI Tax is primarily aimed at the likes of Google, Apple, Amazon etc. to try and […]

Read more

Guernsey’s Fund Sector Continues to Grow

Guernsey’s fund industry has enjoyed a positive second quarter of the year with assets under management and administration in Guernsey’s fund sector continuing to grow. The net asset value of funds under administration rose 5.2% to £276 billion at the end of June. Non-Guernsey schemes were responsible for the majority of this increase, which is […]

Read more

Guernsey – A Leading Jurisdiction for US Private Placement

  Christopher Jehan of Midshore Consulting Limited has been working with the Guernsey Investment Funds Association on Global Funds Distribution and discovered that one of the less well-known facets of this is the possibility of private placement into the United States under Regulation D. Regulation D is a Securities and Exchange Commission (SEC) regulation governing private placement […]

Read more

Guernsey’s new “Green Fund” certification boosts a growing asset class

Guernsey’s new Green Fund offering investors certified environmentally-friendly opportunities is a welcome innovation that creates another clear differentiator for the jurisdiction, says Ogier Group Partner Craig Cordle. Ethical investments – also known as Environmental, Social and Governance, or ESG, investments – are a growth area. A 2015 Morgan Stanley report that they have been growing […]

Read more

Guernsey Funds Forum 2018

Paul Smith, Chair of GIFA, states, “With supranational organisations and national governments putting greater prominence on substance than ever before, it is imperative that we leave no doubt as to the substance that exists here in Guernsey. I believe we are in a very strong position compared to our competitors due to the breadth and depth […]

Read more