Business

States visit to Estonia still on cards

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PLANS are still on the table to visit Estonia to learn how it transformed itself from a former Eastern Bloc country to a leading e-government jurisdiction.

Peer-to-peer lender expands to Guernsey

Andrew Whelan, chief executive officer, Sancus in Jersey, peer-to-peer lender

A GROWING peer-to-peer lender operation in the islands has backed Guernsey’s apparent intention to develop legislation to tighten controls in the sector.

People need to stand up for finance industry

Sinead Leddy, technical manager, Guernsey Finance

GUERNSEY people need to be prepared to robustly defend the island’s finance industry from inevitable challenges that will emerge, a senior member of staff at Guernsey Finance has advised.

Islands differ on bitcoin approach

DIFFERENCES in approach towards the regulation of cryptocurrencies in the islands have been exposed by Jersey’s acceptance of the world’s first regulated bitcoin investment fund.

Guernsey advised to regulate bitcoin

Bitcoin pub Jersey_900

A JERSEY lawyer closely involved in the establishment of the island’s first bitcoin fund has urged Guernsey to follow and regulate the new technology.

Review public spending before discussing GST – IoD chairman

Mark Palfrey IoD_900

A COMPREHENSIVE review of States spending should be carried out before discussion continues about the prospect of the introduction of a goods and services tax in Guernsey, according to the chairman of the local branch of the Institute of Directors.

BT hedges pension risk in the island

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A GUERNSEY captive insurance company and local law firm Ogier have been involved in a deal to hedge the financial risks of the BT final salary pension scheme – the largest of its kind in the UK.

Julius Baer acquisition is growing local office too

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BANK Julius Baer’s 20th year of operation in Guernsey is proving to be one of significant growth for the local office following the group’s acquisition of the Merrill Lynch International Wealth Management business outside the US.