Channel Islands Brussels Office (CIBO)
As part of continuing efforts to boost transparency by multinational enterprises (MNEs), Guernsey and Jersey, together with Brazil, the Isle of Man and Latvia, signed the Multilateral Competent Authority Agreement (MCAA) for the automatic exchange of Country-by-Country reports. The MCAA represents an important milestone in the implementation of the OECD/G20 …
Read More »Independent report published on value of Jersey’s finance sector to the European economy
A report entitled “Jersey’s Value to Europe” was published on 19 October 2016. The report was produced by the economic research company Capital Economics and had been commissioned by Jersey Finance Limited, the industry body for the finance sector in Jersey. Capital Economics conducted a similar study in 2013 on …
Read More »Guernsey survey indicates potential increase of investment into EU Infrastructure with extension of AIFMD passport
As part of the preparation of advice by European Securities and Markets Authority (ESMA) to the EU Institutions on the application of the third country passport under the Alternative Investment Fund Managers Directive, ESMA asked for an evaluation of the impact on the flow of investment into the EU. The …
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