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Guernsey Outlines 2012 Financial Sector Agenda

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01/25/2012 by News Aggregation Team

Guernsey's Commerce and Employment Department has outlined its agenda for the forthcoming year, which includes concluding legislative programs to allow for the creation of Limited Liability Partnerships, Limited Partnerships and Foundations in Guernsey.

Legislation to introduce the foundation corporate form has been drafted and has been subject to public consultation. Legislation is expected to be tabled before the States of Guernsey, the island's legislative assembly, in Q1 of 2012.

Legislation for the introduction of the limited partnership form is currently being drafted, the Department's annual report says.

 

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