GUERNSEY is no longer among the world’s top 20 finance centres, a new report has found.

CLAIMS that money is flowing out of Guernsey because the wealthy now want their money onshore are wide of the mark, according to Treasury minister Charles Parkinson.

NORTHERN Rock Guernsey could face regulatory action over allegations made by BBC’s Panorama, it has been revealed.

WRITING here yesterday, we highlighted the rather arbitrary ‘standards’ demanded of the low tax jurisdictions by prime minister Gordon Brown – but it has taken publication of his letter to the Crown Dependencies to show just how much the goalposts have shifted.

A SECOND draft bill filed in Washington designed to deter offshore tax evasion includes less-draconian measures, a compliance and financial crimes lawyer has claimed.

GUERNSEY’S chief minister is expected to call a media briefing today to comment on yesterday’s surprise announcement by the UK Government that it is to launch a review of the role of the offshore areas it is responsible for as finance centres.

GUERNSEY is receiving support for its position as a financial centre and home for investment companies from the Association of Investment Companies.