Tag: Jersey Finance

Picture of stability and sector growth in 2013 Survey of Financial Institutions

| July 3, 2014 | 0 Comments

The latest figures published this week in the Survey of Financial Institutions reinforce a trend for stability and sector growth within Jersey’s finance industry, according to Jersey Finance. Overall total annual net profits generated by the industry in 2013 stood at £1.18bn, a level consistent with figures for the past two years and the fourth […]

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Jersey represented with keynote speaker and panellist at leading international banking forum

| June 30, 2014 | 0 Comments

Jersey is taking part in the International Festival of Business 2014 in Liverpool this week with two representatives speaking in the fifth International Banking and Finance Forum. The Forum, on 2 July, aims to explore the role of financial services in supporting economic growth and encouraging greater focus on best practice in banking and finance. […]

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Jersey establishes Shanghai presence and maintains Far East momentum

Jersey establishes Shanghai presence and maintains Far East momentum

| June 26, 2014 | 0 Comments

Jersey has affirmed its commitment to maintaining strong relationships with the Greater China market by establishing a ‘Launchpad’ presence in Shanghai, and the appointment of a new Head of Business Development, Greater China, as it continues to roll out a programme of activity across the wider Far East region. In order to maximise the growing […]

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Jersey’s ‘competitive edge’ highlighted in winning ‘Best International Financial Centre’ Award

| June 17, 2014 | 0 Comments

Jersey’s expertise and reach as an International Finance Centre (IFC) has been recognised by being named ‘Best International Financial Centre’ in the Professional Adviser International Fund and Product Awards 2014. Now in their 15th year, the Awards, which are organised by leading international media group Incisive Media, are designed to reward and recognise the groups […]

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Arguments against international finance centres are ‘flawed’, new study finds

| June 9, 2014 | 0 Comments

A report on international financial flows has found that allegations that international finance centres allow significant illicit capital flows enabling individuals and multinational enterprise to avoid paying a “fair” amount of tax ‘rest on poor data and analysis, and on mistakes about how financial transactions, international taxation, and anti-money laundering rules actually work.’ The report, […]

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Jersey Finance plans to use momentum of Gulf visits to attract more business

Jersey Finance plans to use momentum of Gulf visits to attract more business

| June 2, 2014 | 0 Comments

The recent stepping up of visits to the Gulf by senior government ministers from Jersey and by the regulator, alongside Jersey Finance’s increasing commitment to the location, is set to boost finance business attracted from the region. In addition to the recent activity which included visits to the United Arab Emirates, Qatar and the Kingdom […]

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Strength of Jersey Foundation and Trust structures for philanthropy highlighted to London delegates

Strength of Jersey Foundation and Trust structures for philanthropy highlighted to London delegates

| May 23, 2014 | 0 Comments

Jersey’s range of Trust and Foundation structures and a commitment to updating its Charities Law can augment its appeal as a specialist centre for philanthropic activity, whilst its approach to beneficial ownership data collection is ahead of other countries, according to panellists at Jersey Finance’s Annual Private Client Conference in London last week. The event, […]

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Senior regulatory appointments welcomed

| May 23, 2014 | 0 Comments

Jersey Finance has welcomed the announcement by the Jersey Financial Services Commission (JFSC).of the recruitment of three new, senior level appointments. Geoff Cook, CEO Jersey Finance Limited, commented: ‘The announcement that the JFSC has recruited three immensely experienced regulators to the executive group, alongside a refining of its organisational structure, is most welcome. The additional […]

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New regulatory agreement to be signed during Gulf visit by Chief Minister

New regulatory agreement to be signed during Gulf visit by Chief Minister

| May 2, 2014 | 0 Comments

A Jersey delegation led by its Chief Minister, Senator Ian Gorst, and including the Island’s financial services regulator and senior government and industry figures, will be visiting the United Arab Emirates (UAE) from Sunday (May 4) when the latest regulatory agreement will be signed. The Jersey Financial Services Commission (JFSC) represented by Director General, John […]

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Financial services heralded as Jersey’s ‘best prospect’ at IoD lunch

| April 14, 2014 | 0 Comments

The head of the body responsible for representing and promoting Jersey’s biggest industry told attendees at this month’s IoD Jersey lunch event (8th April) that the finance industry was the ‘best prospect’ for Jersey now and in the future given global economic and social trends. In a talk entitled ‘First for Finance: current performance and […]

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