Ongoing regulatory and tax changes in the funds industry continue to shape the competitive landscape for Jersey and Guernsey. The Islands are expected to obtain recognition under AIFM and EU passporting, alongside the private placement regime method, but this brings new reporting and regulatory requirements. At the same time, changes in international tax are leading to a new world of transparency and scrutiny from tax authorities.
PwC recently brought together industry thought leaders to discuss these changes, the effect they will have on the funds industry and different ways in which Jersey and Guernsey businesses may be impacted. Key topics covered included:
The PwC Channel Islands tax team were joined by industry experts from PwC UK; Rob Mellor, Tim Wright, Grant Lee and Peter Brewin and provided insights into these and other issues at the breakfast briefing.
If you have any queries, please don't hesitate to contact your usual PwC contact.