30 October 2012 Last updated at 06:24 ET

Guernsey States consultation on investment industry

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People in Guernsey will be asked to give their thoughts on local financial advisors as part of a consultation on the island's investment industry.

The States' Commerce and Employment Department announced the consultation, which aims to look at whether advisors need more regulation.

It also announced a review would take place following the end of the consultation period in January 2013.

It said it would look at qualification standards and a code of ethics.

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