The rapid growth of Europe's leading offshore centres has additionally galvanised the smaller centres. This is in contrast to onshore markets, which are struggling under the burden of increasing EU legislation
Guernsey's finance industry is in a very healthy shape at the dawn of 2007. The growth that was a feature of 2005 continued throughout 2006, pushing levels of business to record highs, and the indications are this upward trend will be sustained in the immediate future. Business flows for international finance centres such as Guernsey are, by their very nature, inextricably linked to the wider world economy and therefore subject to changes in the levels of global liquidity, where highs and lows tend to be cyclical in nature. To ensure Guernsey is able to maximise business, whether the glob...
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