No time to stand still

The past few years may not have been all plain sailing for Guernsey's fiduciary services sector, but life very definitely goes on. We have undoubtedly had our fair share of issues to deal with but, if anything, the industry has emerged leaner and fitter and now has no real reason for pessimism. The most tangible recent example of this innovation is the island's fiduciary law. Guernsey became one of the first jurisdictions anywhere in the world to introduce a comprehensive system for the regulation and supervision of trust and corporate service providers, which came into effect in Ap...