Guernsey

The latest people on the move in international finance.

Proposals to reform the rules around qualifying recognised overseas pension schemes (QROPS) may prompt a spate of mis-selling of competing products, an expert has warned.

Guernsey-based Skipton International has kicked off the new year by launching a 180 day sterling notice account. Advisers' clients will need to make a minimum deposit of £10,000 to open an account.

Guernsey-based Skipton International has added a 180 day notice account to its portfolio of business deposit products and lifted rates across the board on its other 120, 80 and 40 day notice and ‘easy access' sterling business products.

Alcentra, a European division of BNY Mellon Asset Management, has announced its intention to launch a Guernsey-domiciled European Floating Rate Income Fund in early 2012, which is to be listed on the main market of the London Stock Exchange.

Kevin Steele, a former partner of the solicitors' firm Mishcon de Reya (MDR) has been convicted of forgery and two fraud offences at Southwark Crown Court.

Guernsey-based Kleinwort Benson has launched its Guernsey QNUPS, the COPIA+ Guernsey Retirement Plan. The plan is aimed at financial advisers with British expat clients, as well as foreign nationals with UK IHT exposure.

International credit rating agency Standard & Poor's has lowered its sovereign ratings for the Isle of Man and Guernsey to AA+.

Strategic success at Guernsey-based Clydesdale Bank International has contributed to underlying growth in profits. Clydesdale and Yorkshire Banks, owned by National Australia Bank Group, report results for their banking operations for the 12 months to...

Guernsey is on the brink of ushering in its own Foundations law, so Hannah Beecham visited the Island to find out from an expert panel of practitioners just what makes this law a cut above existing models.