Guernsey's Ministry of Finance has issued a progress update on the Finance Sector Policy Framework being developed by Oliver Wyman, stating the work has entered its final phase after analysis and engagement across the industry. The framework is intended to consolidate findings into a policy direction that guides prioritised initiatives to support the competitiveness and growth of Guernsey’s finance industry. The project was jointly commissioned by the Committee for Economic Development, the Guernsey Financial Services Commission, Guernsey Finance and the Guernsey International Business Association, and has involved more than 100 stakeholder meetings across major financial and professional services sectors. Coverage spans established sectors including funds, insurance, banking, pensions and fiduciary services, alongside sustainable finance and forward-looking areas such as tokenised securities, digital finance, defence-related financial structures and infrastructure investment, with consideration of product development, potential new geographic markets, marketing and innovation strategy, and enabling factors such as transport links, digital connectivity, productivity and infrastructure. A final report is expected in Q1 2026 and is set to translate the analysis into a policy framework to support subsequent development and implementation of prioritised cross-sector initiatives.

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