Guernsey lies on a bedrock of granite, a strong foundation material which in the past was exported to London for many uses, including the building of the granite steps in front of St Paul’s Cathedral and the repaving of London Bridge. In the present day, Guernsey is exporting a new kind of foundation to the City and beyond. On 25th July 2012, the States of Guernsey, the Guernsey parliament, approved The Foundations (Guernsey) Law, 2012. It is currently awaiting Royal Assent from the Privy Council and this is expected to be received in either late 2012 or early 2013. As we shall see below, the Guernsey Foundation creates a unique proposition in managing the wealth of clients.