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Spotlight goes on 'offshores'
 The traditional image of a tax haven as a sun-kissed island of palm trees and cocktails on the beach can take a serious battering during an autumn week in Guernsey. The island, alas, is subject to the vagaries of northern European weather. ...more
EDWARD REPORT:
Eyebrows half-raised
Guernsey was not pleased when the government in London announced, in late 1997, a wide ranging review of the regulation of the financial services industry in the Channel Islands and the Isle of Man. ...more
INSURANCE:
Regulatory laws help to attract business
Guernsey's native residents like to boast that their maritime traditions and shipping links with the City of London and the Lloyds insurance market explain why the island is now Europe's leading domicile for the offshore insurance industry. ...more
PROFILE:
Ownership switch will ring change
Guernsey Telecom is something of an oddity these days - a fully state-owned telecommunications company. Its outdated ownership structure partly reflects the circumstances in which it operates - in a tiny market with no competition, at least until very recently. ...more
EXCHANGE:
Personalised services
Tamara Menteshvili, chief executive of Guernsey's newly-established stock exchange, is an exponent of the small is beautiful theory. "The sceptics are always asking why we bothered setting up an exchange in the Channel Islands," she says. "I liken it to going shopping in a boutique rather than a department store. ...more
SERVICES:
Concern over planned tax
Guernsey's bankers and fund managers are among its happiest residents. As the island's status as an offshore centre rose in the past few years, all the big names in private banking arrived to set up operations, if they had not already done so in Jersey. ...more
TOURISM:
Attractions all year round
Like many British resorts, Guernsey is suffering from the availability of cheap foreign holidays and strong sterling. In its heyday in the 1950s and 1960s, people from mainland Britain - many of whom were the families of British Rail workers whose sea passage was free - spent their traditional fortnight's summer holiday in the island. ...more
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