Outbound China M&A and Investment – Guernsey

    April 02, 2011 | BY

    clpstaff &clp articles

    By Caroline Chan and Marcus Leese, Ogier

    Guernsey is a leading international financial centre that has a reputation for undertaking high quality financial services business, including corporate finance work, investment funds business, banking services and listing work.

    The jurisdiction is one of the most established, transparent and well-regulated international financial centres and was placed on the OECD G20 'white list' in 2009, which reflects high standards of international compliance and transparency.

    Guernsey's continuing success as an international financial centre is based on a variety of factors, including its economic and political stability, its independence, an easily accessible justice system and an independent regulatory regime. Its low tax status, physical proximity to the financial markets of Europe and its sophisticated finance industry infrastructure also contribute to its success. Statistics produced by Guernsey's regulator, the Guernsey Financial Services Commission, show that, as at December 31 2010, Guernsey had £257 billion (US$417 billion) of assets under management and held £111 billion (US$180 billion) in bank deposits.

    This premium content is reserved for
    China Law & Practice Subscribers.

    • A database of over 3,000 essential documents including key PRC legislation translated into English
    • A choice of newsletters to alert you to changes affecting your business including sector specific updates
    • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
    For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]