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No captive to fortune: Guernsey confirms stance on Solvency II
  • Guernsey
  • 07 June 2011

In early 2011, in a joint statement, the States of Guernsey and the Guernsey Financial Services Commission confirmed that it was not Guernsey's intention to seek third country equivalence under the EU Solvency II Directive. Industry groups and trade publications in Guernsey have applauded this strong clarifying statement, coming after what has been a concerted lobbying effort at local level.

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