Both Guernsey and Jersey have voluntarily committed to adhering to the EU’s Code of Conduct on Business Taxation, which was established in 1999. The EU’s Code of Conduct Group periodically conducts reviews of the tax regimes in individual Member States, and other jurisdictions like the Channel islands that have subscribed …
Read More »Telecommunications: Channel Islands regulator visits Brussels
In late November 2011, John Curran, the Executive Director of the Jersey Competition and Regulatory Authority (JCRA) and the Director General of the Guernsey Office of Utilities Regulation (OUR), visited Brussels to attend the annual regulatory conference of the European Competitive Telecommunications Association (ECTA), at which the Vice President of …
Read More »Financial services: Channel Islands submit responses to ESMA consultation on AIFMD in relation to supervision of third countries
For the Channel Islands, one of the most important of the new pieces of EU financial services legislation is the Alternative Investment Fund Managers Directive (AIFMD). This was adopted by the Council in May 2011, but the responsibility for drafting the detailed rules – including on access by third countries …
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