Categories for Industry News

GIIA’s ‘Insuring the Future’ student conference event

Last October, local students were invited to GIIA’s first ‘Insuring the Future’ student conference event.

GIIA’s aim was to give the next generation a taste of what life in international insurance is like, through an immersive and interactive experience.

When a global crisis hits, whether it’s a flood, fire, hurricane, tornado or something else, insurance providers must step into action to minimise the monetary fallout. Students gained valuable insight into risk management, global governance and the resilience needed to overcome these challenges.

Watch the video from the event here:

GIBA appoints new Chair and Deputy Chair

The Guernsey International Business Association has appointed Paul Sykes, Managing Director at Aon, as its new Chair and Jo Peacegood, Non-Executive Director and former Chair of the Guernsey Investment and Funds Association (GIFA), as its new Deputy Chair. Click here to download

The Guernsey International Business Association announces new Deputy Chair

The Guernsey International Business Association has appointed Paul Sykes, Managing Director at Aon, as its new Deputy Chair. Click here to download

GIBA 2020 Review and Look Ahead to 2021

Guernsey’s response to the pandemic, as an island community and as employers, is one of which we should be proud, but if 2020 has taught us anything it is that we cannot be complacent.

Click here to download

Revenue Service Guidance on the Economic Substance Requirements and the implications of COVID-19

The Guernsey Revenue Service has published guidance on how economic substance requirements are affected by the various COVID-19 measures. As this is office Revenue Service guidance, it supersedes the guidance that GIBA published in March. We issued that guidance based on what we knew at the time, which did not include how the EU Code of Conduct Group viewed the impact of COVID-19 measures on substance requirements. The Revenue Service now know that and this is the official guidance based on their discussions with the Code Group. 
 
We would recommend companies consider their own individual circumstances in light of this new information.
More information can be found here:
https://www.gov.gg/CHttpHandler.ashx?id=133795&p=0