Big companies choose Guernsey to issue bonds

Guernsey's International Stock Exchange has attracted nearly half of all new bond issuers during the first nine months of 2018, after the European Union adopted stricter rules to make bond markets more transparent. As the jurisdiction Guernsey falls outside the EU's Market Abuse Regulation, known as MAR, which came into force in mid-2016 and is designed to improve financial disclosure, the exchange has lured big names such as streaming giant Netflix and Refinitiv, a Blackstone -controlled ...