Help is on Hand for Complex KIDs.

A Guernsey-based actuarial technology company has been working with international asset managers to provide calculations required for Key Information Documents (KIDs) prepared in compliance with the EU’s new Packaged Retail and Insurance-based Investment Products (PRIIPs) regulations. The PRIIPs regulations’ deadline of 1st January 2018 means that asset managers now need to adhere to new technical […]

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700+ new listings on TISE in 2017

There were 705 new listings on the Guernsey headquartered The International Stock Exchange (TISE) during 2017. This represents an increase of 203 (40%) on the previous year and took the total number of listed securities on the Exchange to 2,511 at the end of December. Growth areas for new listings last year included debt products, […]

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Guernsey welcomes EU reaffirmation of ‘cooperative jurisdiction’ status

Guernsey has welcomed formal reaffirmation from the EU Council of Finance Ministers (ECOFIN) that it is a cooperative jurisdiction, following Commissioner Pierre Moscovici’s statement to that effect in 2016. The decision to reaffirm that status, made by finance ministers in Brussels on 5 December, was recommended by the EU’s Code of Conduct Group on Business […]

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Offshore Funds and their importance in the global economy

Offshore funds provide a way of facilitating the flow of capital around the world in the most efficient and cost-effective way possible and Guernsey has been at the forefront of the development and administration of offshore investment funds for over 50 years. These investment structures are (and have been) vitally important in supporting the global […]

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Guernsey and Augentius – both winners!

Guernsey won the award for the “Best Centre for Fund Administration” and Augentius as the “Best Fund Administration Team” at the recent Investment Week, Fund Service awards. This is a real accolade for both Guernsey and Augentius. The awards are highly competitive and it takes an awful lot to win. Guernsey managed to beat Jersey […]

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