GUERNSEY should have nothing to fear from a UK Government review of offshore territories, according to Fortis tax director Fran Snoding.

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.

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

GUERNSEY will have to wait for a forthcoming  International Monetary Fund report before it can lobby the EU for inclusion on its list of countries deemed to have top quality anti-money laundering controls.