Guernsey working on gateway to China

Fiona Le Poidevin, Chief Executive of Guernsey Finance, the promotional agency for the Island’s finance industry says Chinese clients might use a Guernsey vehicle for accessing European capital markets or alternatively, managers and investors globally might use funds domiciled in Guernsey for investing into China. In addition, Le Poidevin says Guernsey is looking to consolidate the number of banking institutions based in the Island “And Chinese banks would benefit from basing themselves here by being able to continue to service their clients when they become globally mobile and especial...