Guernsey: Capital Adequacy/BASEL

Guernsey's streamlined private investment fund (PIF) regime provides a highly flexible and cost-efficient fund solution catering for all asset classes across a wide range of managers...

When setting up a Guernsey fund, there are certain practical matters to bear in mind to ensure that the establishment and operation proceed smoothly.

Any suggestion that the private banks in Guernsey are struggling to succeed is quickly crushed by the facts. By the end of March 2007 total deposits held with Guernsey banks had reached a new record level of £105.3 billion (up 14% during the first three months of 2007 and a 23% rise year on year) and total assets and liabilities had increased to a new high of £116.3 billion.