International Monetary Fund news


Border Agency is hard at work addressing IMF’s concerns over ‘disconnect’

THE island’s anti-money laundering regime will continue to be enhanced, according to the chief of the Guernsey Border Agency.


Shock treatment tests local banks’ resilience

STRESS tests of Guernsey’s banking and insurance sectors show they would not be immune from the effects of a significant macroeconomic shock.


Stability was IMF visitors’ key focus

JUDGING the stability of Guernsey’s finance industry was a key focus of the International Monetary Fund during its recent visit to the island, the regulator has said.


KL trip was ‘highly beneficial’

GUERNSEY played an important part at an international conference held in Kuala Lumpur, despite being a small jurisdiction.


‘On and off’ end backed by bankers

THE British Bankers’ Association has backed the States claim that the categorisation of offshore financial centres is becoming increasingly irrelevant.


IMF’s picture ‘too rosy’

GUERNSEY is feeling the effects of the credit crunch, according to Treasury minister Charles Parkinson.


IMF got it right in end

GUERNSEY’S finance sector has reacted with delight to news that the terms, ‘offshore’ and ‘onshore’, are to be dropped by the International Monetary Fund.


No onshore or offshore, just good and bad

GUERNSEY will no longer be referred to as an ‘offshore’ financial centre by the International Monetary Fund.


Real motive still remains

IT MIGHT not have been the most eye-catching of headlines, but the single column in yesterday’s Financial Times certainly stood out for Guernsey’s financial services regulators.


Guernsey might not meet its regulations, says EU

A FEW months ago this column looked at the potential implications for Guernsey arising out of the upcoming US election.

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