Categories for GIBA Media Statements

GIBA Asks Industry to Respond to BITs Consultation

The Guernsey International Business Association (GIBA) is urging local financial services firms to engage with the States of Guernsey’s consultation on Bilateral Investment Treaties (“BITs”).

The Committee for Economic Development is seeking information about the benefit of the BITs currently in place to the island’s finance sector.

The Committee is keen to understand if existing BITs benefit Guernsey, what benefits additional BITs might bring to the island and whether an absence of BITs is an impediment to the financial services industry.

The consultation will close on 31st October. Respondents can answer all or just some of the questions, depending on their knowledge or interest in these trade agreements.

The survey can be accessed here.

GIBA Response to G7 Finance Ministers statement on Tax Agreement

The joint communique following the G7 summit in London included two important statements in relation to international tax reform, neither was unexpected but may impact on Guernsey’s own tax regime which will likely need to adapt but the jurisdiction will remain competitive and compliant.  

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GIBA Welcomes BA Return to Guernsey

The Guernsey International Business Association (GIBA) welcomes British Airways (BA) returning to Guernsey after more than 15 years with the introduction of two new routes to London City Airport and Edinburgh.   

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Business Groups Calling for Feedback on Future Air Travel Plan

The Institute of Directors (IoD), Guernsey International Business Association (GIBA), Guernsey Chamber of Commerce and The Confederation of Guernsey Industry (CGI) have issued a joint survey seeking the opinion of their members regarding their future travel intentions once travel restrictions are lifted. Click here to download

GIBA Statement – The Guernsey Economic and Financial Stability Overview

GIBA welcomes the publication of the recent Economic and Financial Stability Overview by the States of Guernsey. It does, however, highlight the difficulty in true analysis.

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