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CISX Welcomes Inland Revenue Endorsement

by Amanda Banks, Tax-News.com, London

19 December 2002


The Channel Islands Stock Exchange (CISX) has welcomed the recent endorsement by the UK's Inland Revenue of its status as a recognised stock exchange meeting strict standards of practice and regulation.

Speaking late last week, Chairman of the Guernsey-based CISX, Harry Taylor observed that:

'This designation by the UK Inland Revenue is a significant milestone for the exchange. It enhances the CISX's overall competitive position and lays a strong foundation for our future growth.'

Mr Taylor went on to add:

'It is also a further endorsement of Guernsey's reputation as a significant international finance centre which operates within a regulatory structure of internationally accepted modern standards.'


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