Opinion: FSA: leave insider dealing prosecutions to the SFO

It is astonishing that the Financial ­Services Authority (FSA) has been able to transform itself from benign ­regulator to assertive criminal prosecutor in the absence of public debate about its accountability.

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Like other offshore jurisdictions, Guernsey has implemented legislative economic substance requirements, which came into force on 1 January 2019, to meet a commitment to address concerns raised by the EU Code of Conduct Group on Business Taxation that Guernsey’s corporate tax system could facilitate offshore structures aimed at attracting profits which do not reflect real […]

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