Guernsey

Our neck of the woods

The Channel Island of Guernsey lies approximately 20 miles from the coast of France and 80 miles from the coast of England. It is 24 square miles in area, with a population of approximately 65,000, and is the largest island in the Bailiwick of Guernsey, which includes the islands of Alderney, Sark and Herm. The Channel Islands are in the same time zone as London, and use Sterling as their official currency.

As a Crown Dependency of Britain, Guernsey does not form part of the United Kingdom or the European Union, but has remained loyal to the English Crown since 1204. It is governed by The States of Deliberation and, except in defence and foreign affairs, determines its own legislation (including taxation and other fiscal matters). As there are no political parties, government is by consensus. These are all factors which contribute to Guernsey’s long standing political stability.

Guernsey is a highly respected financial services industry which is independently regulated by the Guernsey Financial Services Commission. Guernsey Finance, a joint industry and Government initiative to defend and promote Guernsey as a centre of excellence for financial services, reports that there is £84bn in bank deposits and £225bn in funds assets under management in the Bailiwick.  This coupled with assets under management with fiduciaries demonstrates why Guernsey is widely recognised as one of the World's premier international finance centres.

Our history

Oak Trust (Guernsey) Limited, registered in Guernsey in the Channel Islands, is an owner managed business which was formed on 26th February 1999 by Mark Courtney Chasey. Oak is licensed by the Guernsey Financial Services Commission under the Fiduciary Law to provide corporate and trustee services. 

Three of Oak Trust's executive directors originate from Southern Africa which has naturally allowed Oak to develop a predominantly Southern and Eastern African client base. We pride ourselves in visiting these regions several times a year and maintaining face-to-face contact with our clients.

Oak is focussed on providing first class customer service

Since inception Oak has grown and developed substantially and in March 2009 Oak (Malta) Limited, a subsidiary of Oak Trust (Guernsey) Limited, was formed. There are over 40 staff across the Oak Guernsey and Oak Malta offices which bring a vast amount of financial services experience to the business, many of whom are trust and estate practitioners, qualified accountants or are studying for such qualifications under the support of Oak.

Oak is focussed on providing first class customer service and recognises that to achieve this, systems are a key ingredient. Oak has made significant investment over recent years in several systems which include a compliance based payments system which is connected to the SWIFT banking network, financial reporting software including a direct stock market pricing feed that links in to asset valuation reports, and a client document management system that allows client service cohesion across our offices in three jurisdictions. These systems coupled with the experienced professionals that work in the business give us the platform to provide proactive, responsive and first class professional services.

Directors

Mark Chasey

CA

Group Chairman

Mark graduated with a Bachelor of Commerce degree in 1978 and a Bachelor of Accountancy degree in 1981, both from...

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Telephone

+44 1481 749 272

Mobile

+44 7781 133 259 (GSY)

+27 83 255 5902 (SA)

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David Willis

SAIPA

Managing Director – Guernsey
Director – Mauritius & Malta

David graduated with a National Diploma in Accounting from the Witwatersrand Technikon, South Africa, in 1995 and a Bachelor of...

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Telephone

+44 1481 749 273

Mobile

+44 7781 101 602

Email

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Andrew Fox

FCCA

Director – Guernsey & Malta
Managing Director – Mauritius

Andrew graduated with a Bachelor of Commerce degree in 1999 and a Post Graduate Diploma in Finance, Banking and Investment...

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Telephone

+230 401 3202

Mobile

+44 7781 101 601 (GSY)

+230 5941 7282 (MAU)

Email

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Graham McCormack

CA

Group Finance Director

Graham graduated with a Bachelor of Accountancy with Honours degree from the University of Glasgow, Scotland, in 2000, having spent one...

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Telephone

+44 1481 749 282

Mobile

+44 7781 101 600

Email

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