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Jersey financial services firms exempt from OECD tax proposal

Jersey financial services firms exempt from OECD tax proposal
international-adviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from international-adviser.com Daily Mail and Mail on Sunday newspapers.

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A Quick Guide To Guernsey's New Private Investment Fund (PIF) Rules – Effective 22 April 2021 - Finance and Banking


Background
The Guernsey Financial Services Commission (GFSC) has updated
the Private Investment Fund Rules, to offer three alternate PIF
routes, effective from 22 April 2021.
The new PIF options follow on from a GFSC consultation with
industry in 2020, and in addition to the existing Protection of
Investors (POI) Licensed PIF (Route 1), add two new options –
the Qualifying Private Investor PIF (Route 2) and the Family
Relationship PIF (Route 3).
The Three Guernsey Routes
Route 1 – the POI Licensed Manager
PIF is the original PIF model whose criteria is;
fewer than 50 investors (although no limit on the number of
potential investors who can be marketed to), limits on investors in ....

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Q1 Listing Record For Guernsey-Headquartered TISE Welcomed


Q1 Listing Record For Guernsey-Headquartered TISE Welcomed
04/13/2021 | 06:13am EDT
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The Chief Executive of Guernsey Finance,
Rupert Pleasant, has welcomed the addition of several high-profile new listings as part of a record first quarter for The
During the first three months of 2021, 225 new securities were listed on TISE, the most since the Exchange s formation in 1998 and a rise in the total number by more than the 2.3% from the end of Q4 2020.
Mr Pleasant said: This is great news for the reputation of Guernsey s finance sector as a whole. With the recent global uncertainty of Covid-19 and Brexit, this confidence shows the strength, stability and substance in the island. ....

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Climate goals: Rhetoric vs reality


Climate goals: Rhetoric vs reality
A recent study by the Rainforest Action Network claims that in the five years since the Paris Agreement, the world’s biggest banks – including the likes of BNP Paribas, Goldman Sachs, and JP Morgan – have financed fossil fuels to the tune of $3.8 trillion (€3.2 trillion).
Impact investment firm ThomasLloyd’s chief executive Michael Sieg, speaking in Funds Europe’s April issue, has pointed out that while large banks and global financial institutions like to highlight how sustainable they are on their websites, “the reality is unfortunately different”.
The billions of dollars committed to financing coal plants by banks and institutions that have signed up to the Paris agreement, he said, highlights the “brutal” gap between climate theory and practice. ....

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ESG: Green, greener, greenest...


ESG: Green, greener, greenest.
When the EU’s landmark Sustainable Finance Disclosure Regulation (SFDR) came into force on March 10, it was widely welcomed and hailed as a ‘game-changer’ in the fight against greenwashing.
A core component of the bloc’s green agenda, the regime is designed to promote greater transparency in finance – but questions remain regarding its implementation.
SFDR calls on asset managers to classify their funds according to three primary categories – article 6, which makes no claims of sustainability, or articles 8 and 9, which both claim environmental, social and governance (ESG) credentials and require firms to provide data to support the claims. ....

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