23 September 2011

Panel to debate the future of Guernsey as a finance centre

Organisers of a debate on the future of Guernsey have announced the expert panel who will debate a number of key questions surrounding the threats and opportunities for the Island as a finance centre.

Hosted by WealthBriefing, the global news services for the wealth management sector, the Guernsey Review (Threats and Opportunities for an International Finance Centre) will provide local professionals with an opportunity to discuss a range of subjects which will impact the Island. The debate, which takes place on Wednesday 19 October 2011, will be facilitated by ITN economics editor Daisy McAndrew.

Topics will include Guernsey’s regulatory framework, the compliance and legal challenge, the global economy, Guernsey’s external relations and perceptions and business development opportunities.

The event will take an interactive format with questions from the audience and the panel of experts will include Tom Burroughes and Stephen Harris who are leading authorities on the global wealth management sector and will represent WealthBriefing at the event, Peter Niven from Guernsey Finance, Paul Meader, representing the Guernsey International Business Association (GIBA), Treasury and Resources minister Charles Parkinson and Advocate Mark Helyar, a Partner at Bedell Group and non-States voting member of Guernsey’s Public Accounts Committee.

“We are currently experiencing some turbulent times in the global economy and Guernsey must be at the forefront of knowledge in relation to these matters. If we are to continue to punch above our weight then debates such as the Guernsey Review are vital for the continued success of Guernsey,” said Advocate Mark Helyar.

Mr Burroughes said that WealthBriefing recognised the important role Guernsey played in international finance and it was delighted to be involved in The Guernsey Review.

“The financial services industry has been through turbulent times. Governments and regulators are reshaping the industry and the emergence of a new regulatory framework will demand companies know more about their products, their consumers and their marketing than ever before. The question is not whether Guernsey and other international finance centres survive but can they evolve?”

The Guernsey Review in association with WealthBriefing takes place at St James Concert Hall on Wednesday 19 October from 8.00am to 11.00am. Tickets cost £25, which includes a Guernsey-themed breakfast, can be purchased from St James box office on 01481 711361

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