1. Introduction

A. History And Background

Located in the English Channel, the Channel Islands were caught between the French and English throughout their many wars. Eventually, the islands were granted autonomy from the English Crown.

The currency is the British pound (GBP).

B. Legal System

The Bailiwick of Guernsey is part of the British Isles (being a possession of the Crown) but not part of the UK or EU, although it is party to a written protocol with the EU. Its government, known as the States of Deliberation, legislates on internal matters, including fiscal policy and taxation. The UK Parliament may legislate, with consultation, on behalf of Guernsey, on matters relating to defence and foreign policy. The Bailiwick of Guernsey includes the islands of Guernsey, Alderney, Herm, Jethou and Sark.