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To explain the benefits and the regulations pertaining to Guernsey as a domicile for investment funds.

Explains the benefits of Guernsey as a fund domicile, the regulatory regime, and the types of fund vehicles used in Guernsey, registered and authorized.

Guernsey is one of the world’s largest offshore finance centers, with a thriving funds industry. The benefits of Guernsey as a fund domicile are substantial, including a proportionate, flexible and competitive funds regulatory regime, a stable political and legal structure, and a wealth of first-class fund service providers.

Expert guidance from experienced investment-fund lawyers.

The global financial turmoil of 2008 spilled over into the British Isles offshore jurisdictions of Guernsey and the Isle of Man resulting in the collapse of two local subsidiaries of major Icelandic banking groups and consequent depositors' losses. The purpose of this paper is to contrast the sharply differing reactions of the insular authorities and critically evaluate Guernsey's recently enacted deposit protection scheme.

The paper outlines the nature of the Guernsey jurisdiction, its offshore development and policy issues in deposit protection. Legislation establishing Guernsey's deposit protection scheme is described and critically evaluated.

Guernsey's scheme is a rushed legislative reaction dominated by finance centre reputational concerns. The legislation is clear and comprehensive but the long‐term robustness of its funding model is unclear.

The analysis contained in this paper highlights the ramifications of international bank instability in small offshore jurisdictions and the regulatory problems this poses. Discussion of the legislative basis of the deposit protection scheme clarifies its nature and limitations as an investor protection technique, which is timely given the status of deposit protection as a key theme in the UK Government's initiated Foot Review of nine offshore jurisdictions.

As evidenced by the international consensus on the prevention of money laundering, it is becoming clear that it is well supervised and regulated financial centres that will prove successful in tomorrow's increasingly global marketplace for financial services. For all concerned — customers, government, institutions, supervisors/regulators and stakeholders — it makes sense that financial services should be provided by solid institutions in a reputable environment and that both should be of the utmost probity.

“Healthy public policy” in tobacco control is essential to support other efforts to reduce smoking prevalence, especially among the young. The government of Guernsey in the Channel Islands has recently agreed to implement a comprehensive and integrated package of measures intended to make tobacco smoking less acceptable, less accessible and less affordable to young people. Such measures include raising the legal age of purchase, a substantial price rise over a period of years, a total ban on local tobacco advertising and specially funded initiatives in health education and promotion. Summarizes the process and barriers to achieving “Healthy public policy” in tobacco control.

The purpose of this paper is to outline a service evaluation that gathered feedback from people with a learning disability on their experience of lockdown in Jersey and Guernsey. This feedback was intended to guide planning for service provision during any future lockdown and for life as we exit lockdown.

An accessible survey was sent to everyone accessing learning disability services across the two islands and Mencap in Jersey. Data was analysed quantitatively and qualitatively to identify patterns in the data and key themes.

Most respondents felt safe, calm and happy and valued support from services. Key themes emerging from the data included the importance of relationships, messages of safety, keeping busy and communication.

This survey has been undertaken at a time where there is a paucity of research and consultation with individuals with a learning disability self-reporting on their experiences of lockdown, during the COVID-19 pandemic.

The purpose of this paper is to gauge how the perception of smoking by children has evolved since the last primary schools survey in Guernsey in 2007 and to investigate whether there is an increase in the percentage of smoke‐free homes since the last survey.

A total of 377 Year 6 (aged 10‐11 years) primary school students were surveyed through an online questionnaire made up of 58 questions and based on the health attitudes of children. The statistics arising from this survey were compared with those obtained in a similar survey in 2007.

Year 2007, 2009 (respectively): Total=(575, 377); girls (48 per cent, 55 per cent) never smoked (94 per cent, 97 per cent); will not smoke when older (83 per cent, 82 per cent); have a smoke‐free house (60 per cent, 64 per cent); get information about smoking through Guernsey Adolescent Smokefree Project (GASP) (92 per cent, 90 per cent); have never been offered cannabis (91 per cent, 97 per cent).

The results of this survey forced a list of actions to be taken by GASP to ensure that the young people of the island would continue to receive smoke‐free education.

Describes a process of management learning and development involving over 100 senior public sector managers in the States of Guernsey and covering a period of six years. Details the programme’s content and action learning approach which had much in common with many other management development processes. However, highlights the fact that it involved the whole spectrum of public sector activity (from policy making, service purchasing and service providing to utilities trading) and that more than 20 chief executives and their senior management teams participated in the process, which makes it somewhat unusual. Reports that, in the wake of the programme, a fundamental shift in the “doing of management” would appear to have taken place, involving a willingness to share resources, to break out of silos and to experiment across previously well‐defended boundaries; and notes that it has also generated a healthy appetite for further learning.

Describes briefly the results of research carried out to look at the provision of health information for consumers on the Channel Island of Guernsey. The research utilized a three‐pronged survey to examine the views of the general public, recent hospital in‐patients and health professionals. These groups were asked to provide their views on the information currently available to them, the sources used and their degree of satisfaction with what was currently available. Respondents were also asked what could be done to improve health information provision on the island. Parallel to this, an independent audit of information sources on the island was carried out. Results establish a baseline on which plans for developing an island‐wide policy can be built. They show that there is a dearth of good information available. Consumers ask for more to be provided by health professionals and provide a number of ideas which can be used by policy makers to develop services. Concludes that current opinion would seem to be that policy makers are using the results to take some encouraging action.

It might seem strange to some that a financial services regulator is writing about fraud. Historically economic crime is the province of law enforcers but the inescapable fact is that involvement with fraud and other forms of financial crime is a threat to the reputation of a financial institution. Anything that threatens such institutions threatens their integrity and therefore the interests of depositors, investors, other creditors and the environment in which firms do business. As a result, the Guernsey Financial Services Commission has become ever more involved in dealing with the threat of economic crime. Indeed, throughout the world, regulation and the prevention of economic crime are becoming increasingly entwined. The proposed role of the Financial Services Authority in the UK vis‐à‐vis the regulatory bodies which are amalgamating into the Financial Services Authority is a case in point.

Comments briefly on the OECD report on Guernsey as an Offshore Financial Centre, one which is emphatically not a Non‐Cooperative Country or Territory. Focuses on the misuse of corporate vehicles for illicit purposes, and outlines the main objectives of the Report to ensure proper access and sharing of beneficial ownership and control information, relying on either up‐front disclosure to the authorities, intermediaries to maintain the information, or an investigative system. Considers how the Guernsey system measures up against these options: in order to incorporate a company proposed, beneficial ownership must be declared in advance to the Guernsey Financial Services Commission, which undertakes due diligence on proposed owners, and there is now a very robust law to regulate fiduciaries, administration businesses and company directors.