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Home»Finance»Committee divided on value of new Guernsey finance strategy
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Committee divided on value of new Guernsey finance strategy

January 23, 20262 Mins Read

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When the report was initially commissioned last year, two of the five members of ED voted against the work – Deputies Lee Van Katwyk and Camp.

The committee’s President, Sasha Kazantseva-Miller, Deputies Rhona Humphreys and Andrew Niles voted for it.

At an address to Guernsey’s finance industry at the Guernsey Finance Industry Update for 2026 Niles said: “This was the most comprehensive assessment of Guernsey’s financial sector in a generation.

“By working together and acting with discipline and pace, we can ensure that Guernsey remains a trusted, relevant, and prosperous international financial centre for the next generation.”

Deputy Camp was more lukewarm after seeing the strategy: “This is an area where I will always be outspoken, given my frustration that it has taken hundreds of thousands of pounds for the stakeholders to listen, in the main, either to what industry participants have been saying for years or which other jurisdictions have taken the lead on.

“So, I am sceptical, but I am going to work hard to press for this progress to be made, the biggest of which needs to see government and the regulator not only come to the table but constructively reset the relationship.”

Camp stressed that she was keen to see the finance industry flourish in a way that would benefit the entire island.

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