News

After a two-year break, Guernsey Finance made a triumphant return to Monte Carlo to attend Les Rendez-Vous de Septembre and host the perennially popular champagne reception. Rendez-Vous is a key get-together for major players in the global reinsurance market, attracting lawyers, bankers, accounting and rating organisations and marks the beginning of the annual negotiation process prior to the renewal of reinsurance treaties. Here, WE ARE GUERNSEY Deputy Chief Executive Barnaby Molloy reflects on his time there.

Jonny Gamble joined the Guernsey Finance Business Development team in May as its dedicated US Representative. With a few months under his belt, Jonny attends two important events, SuperReturn Funds conference and New York Climate Week Before undertaking my first trip as the US representative for Guernsey Finance (‘We are Guernsey’), to SuperReturn Funds US 2022 Conferences I undertook some research to be as fully informed as I could be. I met with a number of leading service providers across Funds and Private Wealth as well as liaising with Tony Lane, from Carey Olsen Guernsey and John Grundy, representing Northern Trust Guernsey, who joined me on this trip.

A Guernsey-incorporated, sustainability-centric special purpose acquisition company (SPAC) has been admitted to trading on the Main Market of the London Stock Exchange (LSE). Ikigai Ventures Limited was established to acquire companies with a specific focus on sustainability and ESG strategy as part of their core business. Carey Olsen's Guernsey corporate team advised on the Guernsey legal and regulatory aspects of the admission.

Investment fund statistics for the second quarter of 2022 have been published by the Guernsey Financial Services Commission.