Environmental legislation was not covered by Protocol 3 but in some cases EU environmental standards, in areas like air and water quality, are used as guidelines for domestic legislation in the Channel Islands, even though there was no legal obligation to do so. Further details can be found in the separate note“The Channel Islands and Brexit”. Its capital is St. Peter Port. Like the UK and Ireland, Guernsey and Jersey are outside the visa/check-free Schengen area and so operate border controls for flights or ships arrivals from countries other than the UK or Ireland. In Belgium alone FiscalReps have sub-classified these 18 classes into more than 150 for the purposes of accurately coding products and subsequently calculating premium tax and parafiscal charges for their clients in this country. The effect of the UK leaving the European Union is uncertain. Competition policy per se was not within the scope of Protocol 3 (although normal conditions of competition in trade in agricultural products apply) so there was no obligation on the Channel Islands to follow general EU competition rules. Guernsey, second largest of the Channel Islands. Guernsey and Jersey are attractive tourist destinations with their natural beauty and their unique culture and heritage. Energy Protection of the environment on land and in the surrounding marine areas is crucial for the unique ecosystems of the Channel Islands. This requires the operator (the airline or ferry company) and the airport or port to comply with relevant EU standards. Like transport, energy services are a service under EU law and so were outside the scope of Protocol 3. The Channel Islands were outside the Common Agricultural Policy (CAP): they did not pay into nor received funds from the EU budget. 7 It has the highest tides in Europe. Non-EU-based insurers successfully register with HMRC and file ongoing IPT in the UK, and similar success is regularly evidenced in the Netherlands. The Channel Islands are third countries for the purposes of the EU’s Common Commercial Policy (CCP). The Islands are not part of the United Kingdom, but the UK is constitutionally responsible for the Islands’ defence and for formal international representation, while Channel Islanders are British Citizens. One distinct advantage to Guernsey insurers not being part of the EU must not be overlooked. Together with the Bailiwick of Jersey, the Bailiwick of Guernsey is included in the grouping known as the Channel Islands. The Channel Islands are committed to some international environmental standards on which EU legislation has subsequently been based. Virtually all manufactured goods are imported. There is close bilateral cooperation with the UK and France on maritime protection. Jersey and the European Union. However, Channel Islands consumers going abroad (and UK/EU consumers visiting the Channel Islands) do not currently benefit from the lower voice and data charges secured by the EU Roaming Regulations. They have a combined population of approximately 165,000, and a combined GDP of approximately £6.2billion. Whilst neither Guernsey nor Jersey is a member of the EU, some aspects of EU legislation are adopted by the Channel Islands in compliance with the bilateral agreements in place between Guernsey and Jersey and member states of the EU, including for example a number of tax information exchange agreements with … Otherwise transport legislation in the Channel Islands is largely based on international standards set by bodies such as the International Civil Aviation Organization (ICAO) and the International Maritime Organization (IMO). The detailed rules setting out the conditions with respect to trade in agricultural products (which include fish and fish products) are set out in EC Regulation 706/73, as amended. European Union (EU) citizens moving to Guernsey must obtain a Guernsey housing license in order to occupy a local market property. The Channel Islands are not members of the International Telecommunications Union and the UK Regulator, OFCOM, manages and licences spectrum rights of use on the Channel Islands’ behalf. Guernsey and Jersey’ domestic data protection legislation is based on EU law. Such people do enjoy full free movement rights throughout the EU (including the right to work and reside). As major well-regulated financial centres, both Guernsey and Jersey are significant net providers of liquidity and investment funds to the EU economy. Guernsey and Jersey immigration rules, including with respect to visa requirements, are aligned with those of the UK immigration rules. Guernsey and Jersey are among a small group of third country jurisdictions that are the subject of a European Commission “adequacy decision”, meaning that they have been officially assessed as meeting EU data protection standards. 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Tourism is therefore an important industry. These international standards have often been transposed into EU law, and built upon. Jersey has a special relationship with the European Union (EU). Competition policy Tourist and business visits Only those provisions within EU trade and investment agreements that gave improved market access to the EU for goods from a non-EU country will continue to apply directly in the Channel Islands for the duration of the Transition Period. As a VAT system does not exist in Guernsey, and with a recent proposal to introduce one being voted out, certain claims costs incurred by the insurer will be VAT free. The Channel Islands (“the Islands”) consist of the Bailiwicks of Guernsey and Jersey. Karen Jenner, of FiscalReps, speaks to Captive Review about the hurdles surrounding premium tax compliance for insurers and captives domiciled in Guernsey. Does this mean you need to charge VAT on sales to Jersey? The 1st Non-Life Insurance Directive (73/239/ EEC) defines the 18 classes of non-life insurance, but interpretation by each territory as to where business falls within these classifications can vary. The constitutional relationship between the Crown Dependencies (the Bailiwicks of Guernsey and Jersey, and the Isle of Man) and the UK and the EU is different to that of the UK Overseas Territories. Non-EU-based captive insurers may be able to take advantage of the locally based policyholder to file premium taxes on their behalf in Germany. Keen-eyed observers will spot a few differences, like blue post boxes and the use of … Legislation in these territories was designed for the domestic market rather than global non-admitted insurance. In 2018, the UK was the largest recipient of Chinese outbound foreign direct investment, surpassing the US, which has historically been the biggest recipient. Well, the Channel Islands (Jersey, Guernsey, Alderney, Sark and Herm) are NOT part of the UK or the European Union for VAT purposes. The same directive and article can cause additional confusion when considering where the vehicle is ‘registered’ for defining where premium taxes and parafiscal charges are due. Guernsey is not part of the European Union. Competition policy per se was not within the scope of Protocol 3 (although normal conditions of competition in trade in agricultural products apply) so there was no obligation on the Channel Islands to follow general EU competition rules. This provides for passport-free travel and simplified entry procedures for business visitors and tourists. In addition to the varying state taxes and parafiscal charges in some states to fund fire and emergency services, the captive insurer needs to be mindful of the additional 3% Federal Income Tax deducted from premiums paid to non-admitted insurers. Telecomunications Guernsey is part of a free-movement area with the UK and Ireland, but controls immigration from the rest of the EU. The population is 63,026 (July 2016 est.) Director of Public Health Dr Nicola Brink said 975 doses arrived on the island on Thursday. At 33ft, Guernsey’s tidal range is one of the world’s largest. They are British Crown Dependencies, with a direct allegiance to the British Crown which goes back over 800 years. >b /"i Amendment of the Brexit Law. This Protocol lapsed with the UK’s withdrawal, but its substantive provisions will continue to apply during the Transition Period until 31 December 2020 provided for in the Withdrawal Agreement. Virtually all manufactured goods are imported. In the wake of this announcement, Guernsey’s chief minister, Jonathan Le Tocq, wrote to the European tax commissioner Pierre Moscovici to welcome the news. The Channel Islands are not within the EU common system of VAT so trade in goods is not subject to the EU Principal VAT Directive. Guernsey ceased to be ruled by Normandy in 1204. 0800 840 2050 during office hours ONLY (08.00 to 17.00) Customer log in: User name Password Log in The main areas of direct impact are those previously covered by Protocol 3. The Channel Islands are therefore directly affected by the relevant European legislation concerning spectrum and benefit from being part of a larger European group when harmonising spectrum usage in international negotiations. The US and Canada both offer opportunities for local policyholders to file and settle premium taxes and charges on behalf of their captive insurers. As small islands, Guernsey and Jersey have a services-based economy. EU 27 nationals represent around 20% of the resident population in Jersey and around 7% of the resident population in Guernsey. Gaelic Games Europe represents European County Board GAA, European County Board LGFA and European International Board CA, each of which is governed by their respective associations, namely the Gaelic Athletic Association, the Ladies Gaelic Football Association and the Camogie Association. The Channel Islands have a robust and internationally respected system of financial regulation, including with respect to tackling money laundering and terrorist financing. Complexities in these territories arise with the differing rules and requirements on a stateby-state basis in addition to the potential FET obligations. EU electricity Directives in the Third Energy Package therefore generally did not apply in the Channel Islands. Guernsey Finance - the promotional agency for the island's finance industry internationally - is a joint industry and Government initiative responsible for the promotion of Guernsey. Guernsey, and other such international finance centres, committed to addressing the EU's concerns about a supposed 'lack of economic substance' by introducing so-called substance legislation by the end of 2018, in order to stay off the proposed EU … The German tax authorities deem this register to determine that any vessels operating out of their ports are subject to German premium tax. However virtually all aviation and shipping links from the Channel Islands are to the UK, France and other EU destinations. The European Communities (Bailiwick of Guernsey) Law, 1973b ("the 1973 Law") is amended as set out in Schedule 1. The proximity of the Flamanville nuclear power station to the Channel Islands makes EU competence for nuclear safety standards under the Euratom Treaty of importance. The Commission has reissued its document to provide a brief update to regulated firms, the States of Guernsey and other stakeholders on recent developments relating to the EU’s Markets in Financial Instruments Directive that could have a significant impact of firms located in the Bailiwick who are, or may be … Transport It does not derive from EU law but predates it and hence was not linked to Protocol 3. These generally last for a maximum of 5 years, although longer licenses may … However, for Protocol 3 purposes (and hence until the end of the Transition Period), a person who was born in the UK, or who has at least one parent or grandparent who was born in the UK, or who has resided in the UK for 5 years is not a “Channel Islander”. For those areas previously covered by Protocol 3 (and hence still covered during the Transition Period), EU legislation is directly applicable, and the Channel Islands are regarded as part of the UK Member State. The UK have confirmed that the Crown dependencies’ position will be argued in the Brexit negotiations. ""EU provision" has the meaning given in the European Union (Brexit) (Bailiwick of Guernsey) Law, 2018, and includes an item of Preserved EU law within the meaning of that Law,", and in the definition of "implementation", for "Community provision" substitute "EU provision". However, the bulk of the energy needs in the Channel Islands are met from supplies from the EU, mainly by electricity cable interconnectors from France, so the Channel Islands have a strong interest in a properly functioning, competitive EU energy market, with security of supplies. With Alderney, Sark, Herm, Jethou, and associated islets, it forms the Bailiwick of Guernsey. The OECD Convention was extended to Guernsey and Jersey in 1990 and they are part of the UK for the purposes of its membership of the OECD. There is close bilateral cooperation with the UK and France on maritime protection. 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