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Guernsey as a Financial Centre

Inside this issue
• A remarkably varied financial services sector has helped the island ride out the downturn
• Online gambling has become one of the rapid growth areas offering islanders more career choice - -
Content
Island is resilient in face of downturn
While the rest of the world faced economic meltdown, its financial sector held firm, writes Bob Sherwood
Politics: Chief minister defends his course in choppy EU waters
The island has reacted to European criticism more cooperatively than other centres, writes Bob Sherwood
Economy: Financial sector holds up despite hammering
Business services have suffered more because of the downturn, writes Bob Sherwood
Taxation: Zero 10 and counting
EU rethink forces drive to ‘more normal regime’, writes Bob Sherwood
Financial services: Variety provides sector with sheet anchor
The island offers opportunities for business in niche areas, writes Brian Groom
Banks: Lenders confident of riding out crisis thanks to low risk appetite
Landsbanki, Northern Rock and low rates have left their mark, writes Brian Groom
Online gambling: Islands bet on high-tech industry for jobs and growth
The sector has been able to cash in on a regulatory regime set up in Alderney, says Bob Sherwood
Tourism: Push for business travellers leads to hotels revamp
Tired-looking venues for tourists have smartened up their act, writes Bob Sherwood
Insurance: Captives offer ‘stable and steady’ rewards
Companies providing in-house cover still offer prospects for innovative business development, writes Brian Groom
Optician sets out vision for global growth
Recession helps drive business model as customers look for a better deal, says managing director

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