Transparency campaigner: 'Guernsey needs to open up'published at 10:58 Greenwich Mean Time 31 January 2018
Rob Byrne
BBC News Online
Guernsey needs to make more information on its finance industry publicly available if it is to shed the tag of a "secrecy jurisdiction," campaigner and former Jersey economic adviser John Christensen says.
Guernsey has been ranked the 10th most secretive financial jurisdiction in the world by the Tax Justice Network (TJN) in its 2018 Financial Secrecy Index.
The island has risen seven places, now ahead of Jersey (18), Panama (12), and the British Virgin Islands (16).

TJN director Mr Christensen said the island was weak in obtaining financial information, external and making it publicly available, citing Guernsey's 2017 decision to keep company ownership information private.
At the time, the island's government defended the decision.
"If Guernsey wants to move away from being seen as a secrecy jurisdiction which attracts dirty money flows, then it must co-operate with international transparency measures, and the fact that it didn't [in not adopting a public register of business ownership]... that sends out very strong signals about where Guernsey wished to position itself."
The States of Guernsey is due to respond to the findings of the secrecy index today.