Corporate taxation: EU confirms Jersey’s corporate tax regime complies with EU Code of Conduct

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 »

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 …

Read More »