Why Guernsey for investment funds

Why GuernseY for investment funds Guernsey Finance These slides are intended to be used to promote investment funds in Guernsey – please use them. All the images are subject to copyright and should not be used outside of this presentation without the permission of Guernsey Finance.

we are A specialist global finance centre

stability

security

sustainability

substance

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WE ARE SPECIALIST Traditional Guernsey milk cans have been crafted in Guernsey for more than 1,000 years by specialist crafters.

Today, our investment fund practitioners are renowned for their ability to craft specialist products for their clients’ needs.

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global funds specialist Europe’s leading specialist centre for private equity administration

$400bn funds AUM

150+ funds managers

30+ global administrators

Number one location for London-listed funds

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centre of substance Whitelisted by the EU and OECD. 10,000 employed in financial services More than 150 fund managers 30+ global administrators

Home to The International Stock Exchange.

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leader in private equity and alternatives

Europes leading specialist centre for private equity administration

$200bn+ AUM in private equity assets

Home to many major houses Permira, Apax, BC Partners etc.

150+

30+

fund managers

global administrators

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simple flexible funds regime

simple funds regime Authorised, registered and private funds encompass all needs

respected, responsive regulation ESMA equivalent regime

common law culture Strong community of global legal practices

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high standards of service Fast regulatory turnaround Expert professional administration from a strong established community of global administrators

Common law culture Strong community of global legal practices

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respected regulatory regime Highest standards of AML Moneyval inspection scored highest ever ratings (48/49) of compliance against FATF standards

ESMA-verified AIFMD regime One of just three original jurisdictions in 2015 to have deemed equivalent third country AIFMD regime

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Global market access Bringing together international investors – two-thirds of all Guernsey funds contain investors from more than two regions of the world

Continued access to UK, EU27 and US Post-Brexit MOU agreed with FCA NPPR Regime into EU Private placement into US

Only offshore regulator with all three regulatory MOUs with China (Banking, securities and insurance)

Reaches parts of the world managers want to reach WEAREGUERNSEY.COM

global distribution Access to UK, EU27 and US Continued Post-Brexit MOU agreed with FCA NPPR Regime into EU Private placement into US

Only offshore regulator with all three regulatory MOUs with China

Reaches parts of the world managers want to reach

(Banking, securities and insurance)

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NPPR Guernsey is number one third jurisdiction (behind Cayman) for marketing of Article 42 funds into EU

Proven, smarter, faster Private placement into EU markets cheaper and quicker than internal passport

Advantages of AIFMD Passport a myth Only 3% of AIFs are distributed into more than three member states

Recognised by EU – reducing cross-border funds distribution cost an objective within CMU

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channel islands vs luxembourg

Higher standards of service, lower cost

Fast regulatory turnaround

Proven market access Private placement into EU markets cheaper and quicker than internal passport

Common law culture Strong community of global legal practices

Expert professional administration From strong established community of global administrators

Recognised by EU – reducing cross-border funds distribution cost an objective within CMU

Only 3% of AIFs distributed in more than three Member States

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Brexit Stability and security of status Third country today, yesterday and tomorrow

Continuity of market access (Uniquely) access to UK and EU27 unchanged

Guernsey is a hedge against uncertainty for EU distribution

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leading centre for sustainable finance Part of the UN Environment Programme Guernsey is a member of United Nations’ Financial Centres for Sustainability network

Dedicated green finance initiative

Market-leading product

Robust, transparent frameworks providing confidence to investors

World’s first regulatory regime for green funds Dedicated green segment for listing of instruments on the Exchange

Over $150AUM administered in Guernsey by firms committed to PRI WEAREGUERNSEY.COM

Guernsey Positioning

Global financial specialist A specialist finance centre

Force for global good An engaged and respected global citizen

Leading centre of green sustainable finance At the forefront of development centre of green finance

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Guernsey strategic pivot

Focusing on private capital

Centre of sustainable finance

Improving competitive fundamentals

Global private wealth doubled in decade following 2008. Focus on family office and private capital servicing

Being at the forefront of development of green and sustainable finance is our strategic jurisdictional objective

Creating supportive environment for deployment of technology key – prize is 10-15% boost to GDP

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Guernsey global pivot

Developing ties with US

Part of ‘City plc’

10-year commitment to China

Traditional links through private equity, developing ties with sustainable finance network

Improved appreciation in the City and UK of the complementary nature of the Channel Islands

Only offshore jurisdiction with full suite of banking, insurance and investment regulatory MoUs

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Collateral

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THANKS FOR LISTENING Guernsey Finance These slides are intended to be used to promote investment funds in Guernsey – please use them. All the images are subject to copyright and should not be used outside of this presentation without the permission of Guernsey Finance.