A cautious welcome for 21st Century Framework

BOTH the financial services industry and the regulator have offered a cautious welcome to the new 21st Century Framework document published by the Commerce and Employment Department, which seeks to offer clearer guidance to the regulator and seek a greater involvement from the States in its approach to regulation.

States urged to invest in growth


THE States has been urged to use a potential bond issue to invest in economic growth rather than simply re-finance the existing debt built up by States bodies.

Award in memory of former CGi head


A HIGH-performing young person is being sought by the Confederation of Guernsey Industry to claim a new award introduced in memory of former chairman Peter Budwin.

Women less likely to face discrimination


WORKING women in Guernsey are less likely to be discriminated against than those in the UK, where a recent survey found that more than 40% of managers admitted being wary of hiring women of childbearing age.

GST ‘would put building costs up 5%’


THE cost of building new homes in Guernsey would rise at least by 5% if the States sees fit to introduce a goods and services tax, an industry organisation has warned.