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Westminster Asset Management
Home Business Financial Services

Channel Islands discuss expertise and opportunities with British Business Bank

February 13, 2025
in Business, Financial Services, Guernsey, Jersey
British Business Bank meeting
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A delegation from Guernsey and Jersey met with senior members of the British Business Bank to discuss collaboration with the Channel Islands’ financial services industry.

Discussions included global market access, substance and transparency, beneficial ownership, regulation, legal familiarity, fund structures, expertise in administration and example investments into the UK.

What is the British Business Bank? It’s a UK government-owned economic bank specialised in helping businesses in the UK access financial support.

Guernsey Finance Chief Executive Rupert Pleasant said: “The presentation was an ideal opportunity to showcase our expertise in private equity and venture capital, and we look forward to solidifying our relationship with the British Business Bank and creating a strong and regular flow of business.

“I would like to say a huge thank you to Ian Connatty and all the attendees from the British Business Bank for making us feel so welcome.”


The main image shows (left to right): Matt Brehaut, Partner – Carey Olsen, Helen De La Cour, Director of Financial Services – Government of Jersey, Darren Stephens, Director – States of Guernsey Finance Sector Development, James Tracey, Managing Director – Oak Group, Rupert Pleasant, Chief Executive – Guernsey Finance, Nicola Le Brocq, Director – Funds and Corporate, UK – Jersey Finance, Steve Desmond, Director – Alter Domus, Joel Hernandez, Partner – Mourant Law LP.

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Tim Bullock

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