Following the publication last week of the 2017 eprivateclient Switzerland jurisdiction report, today sees the launch of the 2017 eprivateclient Jersey jurisdiction report - a detailed analysis of the wealth management sector in the largest (in population terms) of the UK's Crown Dependencies.
The jurisdiction continues to play an important role in the global wealth sector with over £116 billion in banking deposits held there and as home to expert and established law and accounting firms as well as fiduciary service providers who provide advice to individuals and familes across the world.
This year, Jersey, as well as international financial centres across the globe, continues to remain under attack from politicians and media outlets across the world accusing the island of being a tax haven.
However, Jersey's established regulatory system, transparency and willingness to co-operate with international bodies such as the EU and OECD as well as other jurisdictions, demonstrate that this is not the case and the advice the island's professionals provide to international clients is compliant with international law.
The report, which also includes a look at the island's biggest people moves, M&A stories and profiles of the Jersey's 2017 eprivateclient 50 Most Influential and Top 35 Under 35, features a number of articles from leading specialists in the jurisdiction including:
- An introduction from the chief executive of promotional body Jersey Finance - Geoff Cook - who examines the challenges facing the jurisdiction
- Ocorian's Nick Cawley looks at the advantages of migrating foundations to Jersey
- How Jersey can better promote women in the financial sector according to RBC's Ann Marie Vibert and Gail McCourt
- Rachel Keates of Hawksford examines what impact the Common Reporting Standard will have in Jersey
- Evolving client bases and how firms need to adapt from former Top 35 Under 35 Laura Morel from Direct Input
- Ogier partner Emily Haithwaite argues why Jersey's fund sector should be optimistic
To view the report please click here
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