En Voyage - Issue #8
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This sentiment was echoed by James Sore of<br />
equity investment firm SyndicateRoom, one of the<br />
panellists discussing the second topic, ‘Creating a<br />
suitable environment for unicorns’ – the term used<br />
for a start-up valued at $1 billion. He explained<br />
that start-ups had historically struggled to make<br />
progress with incumbents in implementing their<br />
ideas and technology, but the increasing pressure<br />
to adapt and develop meant that incumbents were<br />
more open to interaction with newcomers.<br />
‘The incumbents, the big existing providers, are still<br />
around for a reason – because they manage risk,<br />
but you also have the start-up mentality of "I can do<br />
anything and change the world". It’s about findinging<br />
the balance between the two,’ said Mr Sore..<br />
GUERNSEY COMES OUT STRONGLY IN THE<br />
WAKE OF SO-CALLED ‘PARADISE PAPERS’<br />
Media coverage following the release of<br />
information from files belonging to law firm<br />
Appleby has drawn attention to the role of<br />
offshore finance centres in recent months.<br />
‘The release of the stolen documents is an<br />
illegal hack and unacceptable. The sensationalist<br />
reporting is designed to undermine the legitimate<br />
business acts of offshore centres,’ said Guernsey<br />
Finance Chief Executive Dominic Wheatley.<br />
‘The coverage attempted to portray a lack of<br />
transparency in offshore finance centres, but in<br />
the case of Guernsey that is simply not true. Early<br />
adoption of global initiatives such as the Common<br />
Reporting Standard and the establishment of our<br />
central register of beneficial ownership evidence<br />
our long-standing commitment to global standards<br />
of transparency and information exchange.<br />
‘By having these standards in place Guernsey underlines<br />
its position within the mainstream of international finance.’<br />
INDUSTRY UPDATE<br />
Guernsey Finance stakeholders can learn more about<br />
the promotional agency’s future plans, as well as the<br />
island’s relationship with the City of London, at GF’s<br />
annual industry update at St James on 24 January.<br />
Miles Celic, Chief Executive of TheCityUK – the<br />
representative body which champions the UK-based<br />
financial and related professional services industries<br />
– is keynote speaker. He will discuss his organisation’s<br />
work in the UK, how Guernsey’s financial services<br />
sector fits with its remit and TheCityUK’s involvement<br />
in positioning London and the wider UK financial<br />
services market for a successful post-Brexit future.<br />
Stakeholders will also be briefed on Guernsey Finance’s<br />
plans for 2018 across its target markets and hear<br />
analysis of the agency’s performance during 2017.<br />
Address PO Box 655, Somers House,<br />
St Peter Port, Guernsey, GY1 3PN<br />
Phone +44 (0) 1481 720071<br />
Twitter @WEAREGUERNSEY<br />
Email info@weareguernsey.com Web weareguernsey.com<br />
LEFT-RIGHT: CAROLINE BRADLEY (GUERNSEY FINANCIAL<br />
SERVICES COMMISSION), EDMUND DILGER (POLICYCASTLE),<br />
TAHIR FAROOQUI (CANOPY), JAMES SORE (SYNDICATEROOM)<br />
AND MODERATOR NAGA MUNCHETTY<br />
MEET THE TEAM<br />
Emily Wild joined Guernsey Finance a little over<br />
a year ago. Here, we find out a little more about<br />
her and her role at the company.<br />
Name Emily Wild<br />
Position Events Executive<br />
Responsibilities My role is to organise and assist<br />
in the running of WE ARE GUERNSEY events,<br />
conferences and seminars, and work closely<br />
with our third-party event partners. A typical<br />
day of mine involves liaising with industry and<br />
suppliers, promoting the event and planning<br />
our own events logistics from start to finish to<br />
ensure all goes to plan.<br />
When did you join Guernsey Finance?<br />
December 2016.<br />
Favourite aspect of the job? As part of the<br />
events team, I have the opportunity to travel<br />
regularly to manage the events on the day,<br />
which also allows me to see different venues<br />
off-island and connect with other event<br />
companies and their employees.<br />
How might people know you away from<br />
Guernsey Finance? Outside of the office<br />
you will find me spending time outdoors<br />
or travelling overseas to climb a mountain!<br />
I enjoy taking part in charity challenges<br />
and I am deciding what to do next!<br />
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