Jersey Finance, the representative body for the local financial services industry, says recent investments point to continued confidence in the sector's ability to grow.
A withholding tax is set to be removed on business between Jersey and France, after the island was removed from a list of those considered uncooperative by French financial authorities.
The European Securities and Markets Authority (ESMA) has approved a Memorandum of Understanding with Jersey, which means it can continue to deliver alternative investment funds into the EU after the AIFMD comes into effect in July.
Jersey has agreed tax measures with the UK in the same style of those earlier agreed with Guernsey and the Isle of Man, describing them as a ‘UK Fatca'.
Jersey remains on track to meet the requirements of the EU Alternative Investment Fund Managers Directive and will introduce new fund regulations in April, a conference in London has heard.
Although sentiment indicators point to optimism, the pending Italian elections and political turbulence in Spain are reminders of the ongoing battle to drag Europe out of crisis, says Tristan Hanson, head of Asset Allocation at Jersey-based Ashburton....
RBC Wealth Management has appointed Adam Norris as senior manager Intermediary Business Development to lead the company's push deeper into the Channel Islands.
Jersey Finance, the island's marketing body, has brought together a group of Hong Kong-based finance and legal experts to provide it with advice on developing business opportunities in the Far East.
Kleinwort Benson has announced two appointments to its offshore private wealth management business.
The Jersey fund industry saw a 3.5% increase in the net asset value of funds under administration in the first quarter of 2012, figures from the Jersey Financial Services Commision have shown. Meanwhile, the total sterling value of banking deposits held...
Kinetic Partners, which provides professional services firm to the asset management, investment banking and broking industries, has opened a Jersey office, marking their first presence in the Channel Islands.
Jersey has joined the top ten locations in the world for wealth management and private banking services, climbing to eighth position, according to rankings in the latest Global Financial Centres Index (GFCI).
Fifteen years ago, two hedge fund traders working for Credit Suisse were approached by Crispin Odey to replicate his successful asset management business for private clients. The result was Odey Wealth in Guernsey, one of two wealth management offshoots...
Berenberg hires from UBS to drive UK institutional business, Mercer promotes internally for wealth management business, European hedge fund OVS Capital hires third partner, Guernsey private bank looks to offer European asset management, hires in property...
Guernsey administrator opens in China, Jersey funds administration recovers to pre-recession levels while Asian bank deposits rise, IoM signs TIEAs with Japan and Indonesia, more planned with Europe.