Aaron Russell-Davison joined the Guernsey Finance Business Development team towards the end of 2022 as its dedicated representative for the Middle East. Aaron will look to access the areas of the Gulf Corporation Council to highlight Guernsey’s long-held expertise in specialist wealth management and philanthropic structures. In his first Business Development blog for 2023, Aaron talks about his initial weeks in the role.
The largest sustainability-linked bond issued for the digital infrastructure sector in Costa Rica has been listed on the Guernsey-headquartered International Stock Exchange (TISE). Liberty Costa Rica Senior Secured Finance (the issuer) has listed USD400,000,000 10.875% Sustainability-Linked Senior Secured Notes due 2031 on TISE’s Qualified Investor Bond Market (QIBM) and the issuer has been admitted to the Exchange’s sustainable finance segment, TISE Sustainable.
British naturalist Steve Backshall has been confirmed as the closing keynote speaker for this year’s Funds Forum. Steve is a BAFTA award-winning wildlife expert boasting an impressive TV career with popular franchises such as Deadly 60 and more recently with Sky Nature for his new series 'Whale with Steve Backshall'. In 2022, Steve was the lead presenter for BBC One's ‘Our Changing Planet’, the launch of a ground-breaking definitive seven-year diary, documenting the fight to save our planet’s most threatened ecosystems.
Guernsey is now the largest domicile for captive insurance in Europe with a total of 201 captives domiciled in the island at the end of 2022. Last year, Guernsey approved 12 new captive licences and had three surrenders. This overall increase of nine puts Guernsey at the top for captive numbers, overtaking Luxembourg with whom Guernsey tied joint largest European domicile at the end of 2021.
Following the publication of an independent research report by Cerulli Associates - commissioned by Guernsey Finance - on domicile selection for US-based fund managers, Guernsey Finance’s Strategic and Technical Advisor Henry Freeman looks at why Guernsey remains a leading international finance jurisdiction for private capital and alternative investment funds. In the last year, Guernsey has been the proud recipient of two International Finance Centre of the Year awards from highly respected industry publications – International Investment and Citywealth. This sort of success doesn’t come overnight.