Lighter touch on governance ‘will give Guernsey an edge’

Friday 15th October 2010, 2:30PM BST.

The panel at the last Collas Day autumn seminar, from the left, GFSC deputy director of banking Jeremy Quick, practitioner working party leader Carol Goodwin, head of Collas Day’s commercial department Ian Kirk, and senior associate Wayne Atkinson. (Picture by Steve Sarre, 1038682)

CONSULTATION with industry has resulted in a much leaner and simpler second draft of corporate governance rules for Guernsey’s financial services sector, according to its author.

Carol Goodwin, who led the practitioner working party behind it in conjunction with the Guernsey Financial Services Commission, told an audience of 220 at the last Collas Day autumn seminar series event that she believed the latest version, which is 14 pages long as opposed to the previous 23, was greatly improved.

‘It’s much shorter, snappier, kinder and gentler.

‘It’s now much more proportionate to Guernsey.’

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1
Horace Camp

October 15, 2010 at 4:23 pm

Let’s wait and see what the second round of consultation makes of it before we promote it too widely. Fingers crossed.

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