This article discusses Guernsey as a fund domicile and in particular, its growing relationship with the Middle East and North Africa region and the products based there. Amongst the areas covered are the type of funds attracted to Guernsey and what Guernsey is doing to attract MENA fund managers.

From 1 January 2013, the US Foreign Account Tax Compliance Act will require foreign financial institutions to enter into an agreement with the US Internal Revenue Service to send certain information on their US account holders. This briefing outlines in detail the impact of the new rules.

The decision of the Court of Appeal in the matter of The Chief Officer Customs & Excise, Immigration and Nationality Service v Garnet Investments Limited could have wide ramifications for the banking industry and those regularly subject to the reporting regimes under Guernsey law.

The monthly newsletter from Collas Crill collates the latest stories from the Channel Islands' funds sector. Amongst the featured items this month are proposed legislation in relation to Heavily Indebted Poor Countries, the success of Channel Islands Shariah funds and Social Investment Funds.

The Guernsey Financial Services Commission has issued a new Code of Corporate Governance against which shareholders, boards and the Commission can better assess the degree of governance exercised over certain companies in Guernsey's finance sector.