Crystal Concise: June 2023

Our regular snapshot from the Crystal team of some of the highlights and points of note for finance and corporate comms pros from around the jurisdictions this past month...

• Luxembourg: Well-read English-language title Luxembourg Times launched a new look website this month.

• Guernsey: The Guernsey branch of the Chamber of Commerce called for further investment into its finance industry to help it remain competitive.

• Switzerland: In a national referendum, voters in Switzerland approved a move to adopt a minimum 15% corporate tax rate in a result that was described as 'an unusually strong endorsement'. Voters also backed a climate law that aims to cut fossil fuel use and reach zero emissions by 2050.

• Jersey: The Government of Jersey appointed a new interim CEO this month. Andrew McLaughlin will be in post until May 2024, under a secondment agreement with his current employer NatWest.

• Climate News: French public broadcaster 'France Televisions' has swapped traditional weather forecasts to introduce climate journalism into its agenda in a move that further propels climate change into mainstream consciousness.

• AI Adoption: Fewer people are using ChatGPT than might be expected, according to a new survey by Morgan Stanley. It found that less than one fifth of business people have actually used ChatGPT, despite the noise around it.

• Media: Established asset management title Funds Europe was bought up this month by Definite Article Media, which also publishes Corporate Adviser, amongst other titles.