Guernsey is increasingly being considered as a base for family office structures, David Bowen, head of Deloitte’s private office consulting practice, told an audience of private wealth specialists at the inaugural Guernsey Private Wealth Forum in London earlier this month (8 November 2018).
Mr Bowen said that the current climate was challenging for high net worth families, both in issues they were facing, and issues confronting jurisdictions operating in the sector.
“The focus is to move away from areas seen as tax havens to areas with a more robust framework, and a real focus and defensibility around using the loca...