The central government has turned to Guernsey for advice on regulatory development for its fledgling fund industry.
Guernsey Finance chief executive Fiona Le Poidevin said China’s central government is interested in mining the island’s knowledge in this area.
“The Shanghai Financial Services Office in many ways wants to replicate the systems we have in place in Guernsey to operate and regulate the funds sector,” said Le Poidevin. Guernsey Finance is the promotional agency for the island’s finance industry.
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