AN OVERHAUL of how banking regulation is handled in the UK has been welcomed by the Guernsey Financial Services Commission.

PERHAPS the most intriguing – but unanswered – question to emerge from the rapidly developing farce over funding training in Guernsey is just what agendas lie behind the attack on the island’s highly-regarded GTA University Centre.

GUERNSEY will do at least as well as Jersey in its International Monetary Fund assessment, according to the Guernsey Financial Services Commission.

A FORMER Bank of England executive director will lead the inquiry into the Guernsey Financial Services Commission’s handling of the banking crisis.

DEPUTIES are calling for protection of islanders’ money.

A DEPOSITORS’ protection scheme in Guernsey might offer a guarantee of up to £50,000 – in line with the UK’s –  but it will not be rushed in, the Guernsey Financial Services Commission has warned.

GLOBAL financial turmoil has put depositor protection back in the spotlight – but a local scheme is still some way off.

ONE of the paradoxes of the States decision to restrict Guernsey’s population to ‘at or around current levels’ is that its other policies actively encourage it to grow. As one minister put it last week, the growth taps are on full.