Guernsey: Corporate Governance

Guernsey has approved targeted amendments to its Trusts Law following a comprehensive review by industry and government bodies. The reforms address practical issues in trust administration, clarify key provisions around settlor and protector powers, and enhance dispute resolution mechanisms. These changes aim to maintain Guernsey's competitive position as a leading international trusts jurisdiction while preserving the core strengths of its existing legal framework.

In Guernsey's close-knit business environment, employment disputes carry disproportionate reputational weight, yet many boards still treat HR matters as operational rather than strategic concerns. This analysis examines why employment risk has evolved into a critical governance issue for island-based companies, exploring the unique challenges posed by senior management conduct, settlement patterns, and workforce planning in a jurisdiction where professional missteps echo far beyond the tribunal room.

Guernsey limited partnerships combine partnership flexibility with limited liability protection for investors. This comprehensive guide examines the legal framework governing these structures, from formation requirements and partner roles to tax treatment and dissolution procedures. Understanding these key characteristics is essential for anyone considering Guernsey limited partnerships for investment funds, joint ventures, or property holding structures.

Guernsey and Jersey companies are a popular choice for listing on UK and US stock exchanges...

It has been a long-established principle of UK tax law that a Guernsey company, as any other non-UK company, will be treated as being UK tax resident for a particular financial year if the "central management and control".

Organisational culture is a double-edged sword. Firms with good organisational culture reap numerous benefits including improved business reputation and customer satisfaction.

Day three of Sustainable Finance Week saw Guernsey's Financial Services Regulator announce an updated Code of Corporate Governance to take into account the effects of climate change.

Following extensive consultation with industry, in February 2020 the Guernsey Financial Services Commission (GFSC) issued its final rules and guidance under the...

In the family office sector, across the world, it appears that high-net-worth individuals were taking the opportunity – perhaps for the first time in a long time.