The Bailiwick of Guernsey lies in the English Channel, off the coast of France, with the United Kingdom to the north. It comprises the islands of Guernsey, Alderney, Sark, Herm and Jethou.
The island of Guernsey is approximately 25 miles from the coast of France and has an area of 24 sq miles. The population is approximately 63,000. The capital and main business centre is St. Peter Port.
Guernsey is acknowledged as a leading financial services jurisdiction and many multi-national financial institutions operate on the island. Political stability and convenient time zone provide an ideal environment.
The status of Guernsey as a financial centre of excellence has developed over the past thirty years. This slow evolution compared to other jurisdictions means that a skilled and experienced workforce, a solid commercial infrastructure and an excellent communications network has developed.
The official policy which has operated in the island has been to encourage quality, rather than quantity of business. As a result Guernsey has gained a reputation for being a well regulated financial centre.