Fiona Le Poidevin (pictured), Chief Executive of Guernsey Finance – the promotional agency for the Island’s finance industry, looks at what Guernsey offers as a domicile for property funds in a post-crisis world. It is no great secret that the
Money market fund (MMF) regulation proposed by the European Commission on 4 September, if adopted, would have far-reaching implications for the EUR1trn MMF industry and cash investors, according to Fitch Ratings… Certain aspects of the regulation should make MMFs less
The Alternative Investment Management Association has announced the appointment of Thomas Bullman, previously with the Société Générale group, as an assistant t
Jersey Finance has welcomed the signing of a Double Taxation Agreement (DTA) between the authorities in Jersey and Luxembourg. Geoff Cook (pictured), chief executive of Jersey Finance, says: “The DTA with Luxembourg is a welcome addition. There are strong
Keith Lawson, ICI Global Senior Counsel, Taxation, comments on the Council of the European Union Legal Service opinion regarding the current Financial Transaction Tax proposal under consideration by some EU member countries… We welcome today’s well-reasoned opinion of the European
Building on the success of its Expert Funds regime for alternative investment vehicles, Jersey is preparing to announce plans to launch various new categories of Unregulated Funds that wil
The International Organisation of Securities Commissions has announced at its technical committee conference in Tokyo the establishment of a dedicated task force on the sub-prime crisis to
The Channel Islands Stock Exchange (CISX) has for the last 20 months been subject to a Guernsey Financial Services Commission (GFSC) investigation into certain historic activities, according to CISX Chairman Jon Moulton. In a statement released today, Moulton (pictured), says:
Australian hedge funds do not currently pose a systemic risk to the Australian financial system, according to the finding of an ASIC report. Surveyed qualifying hedge funds also use low leverage and appear to have adequate liquidity to meet
Daniel M Glosband, Emanuel C Grillo and Elizabeth Shea Fries of law firm Goodwin Procter examine the decision by a US judge to decline to recognise liquidation proceedings in Cayman for tw
