Maintaining and promoting Jersey's status as a "leading" international financial centre, and maintaining "an attractive operating environment" for financial businesses, are among the key objectives identified in a policy framework document published today by the island's Government.
Fund professionals predicted growth in the real estate and private equity asset classes at the Jersey Finance annual London funds conference last week.
Jersey’s financial regulator may have new powers by the beginning of September this year, enabling it to question former employees of firms which are under investigation.
Draft legislation which introduces limited liability partnerships into Guernsey for the first time has been introduced by the States of Guernsey‚ and is expected to come into force as soon as July.
Jersey-based Nautilus Trust is continuing its global expansion strategy with the opening of an office in Hong Kong‚ where it is looking to take advantage of the jurisdiction's recently-amended trust laws.
Jersey and Guernsey are to establish a joint office in Caen, France, to represent both islands’ interests with French authorities.
Jersey’s financial regulator has published details of how it expects the island’s financial advisory industry to go about complying with changes proposed under its Review of Financial Advice (RFA) project, first unveiled in 2011.
Jersey’s financial services industry posted "marginal decreases" in the values of its banking and funds sectors in the third quarter of 2013, caused in part by a weakening in the value of foreign currencies against sterling, according to Jersey Finance.
Rathbone Brothers is deciding whether to lodge an appeal against "certain aspects” of a judgment that mostly found in its favour, in a legal battle involving a Jersey entity it sold in 2008.
Jersey’s economy “is not expected to grow strongly” in 2013 or 2014, according to a report by an independent group established by the States of Jersey government.
Jersey’s minister for external relations said he was confident the island would be removed from France's tax blacklist.
The Channel Islands of Jersey and Guernsey have signed 'intergovernmental agreements' on the automatic exchange of tax information with the UK, adding to existing provisions that currently provide for information to be exchanged between the authorities of the two Crown Dependencies and the United Kingdom.
