Jersey
Jersey is one of the world’s leading international finance centres. Reliability, political and economic stability, and a sophisticated and comprehensive infrastructure of laws have kept Jersey at the forefront of global finance for over 50 years. In addition, it is in a central time zone that covers the closing of business in India and Greater China and the opening of business in the US.
Jersey remains one of the best regulated international finance centres, a position that has been acknowledged by independent assessments from some of the world’s leading bodies including the Organisation for Economic Cooperation and Development (OECD).
Jersey is fully aligned with the highest standards of the third anti-money laundering EU Directive and was the first offshore finance centre to become a full signatory to the IOSCO Multilateral Treaty, an international benchmark for cross border co-operation between regulators.
The Jersey authorities have signed 42 international tax agreements to date, which assist in building good quality business with those countries and are also a reflection of Jersey’s commitment to comply with international standards. Endorsements from the OECD, the International Monetary Fund (IMF) and MONEYVAL (the Council of Europe’s monitoring body for anti-money laundering) attest to Jersey’s success as a jurisdiction. Whilst applying these high regulatory standards, Jersey also remains an innovative and competitive jurisdiction to do business.
Jersey has a unique constitutional position. Although its allegiance is to the British Crown, it is not a part of the UK and is not represented in the British Houses of Parliament. The island’s domestic autonomy has been preserved via charter and convention through 800 years of English history.
As a result of that unbroken constitutional position, Jersey proudly possesses its own democratically elected Parliament, which has consistently maintained responsibility for domestic affairs including fiscal matters.
Jersey’s robust, modern and sophisticated legal framework is the source and foundation of Jersey’s finance industry. Developments and enhancements are continually being made to ensure flexibility and attractiveness to domestic and international markets.
Jersey’s world-class reputation as a leading international finance centre has been endorsed by independent bodies and institutions of the highest standards, including Citywealth International Financial Centre Awards – ‘International Finance Centre of the Year’, European Wealthbriefing Awards – ‘Best International Finance Centre’ and Asia Wealthbriefing Awards – ‘Best International Finance Centre’.
Appleby Global Services (AGS) Jersey helps to facilitate our clients’ international growth strategies, by taking care of the administrative, regulatory and reporting requirements for their international business – providing them with an ability to grow their geographic footprint cost- effectively, with flexibility and speed. We can provide a range of services through to more extensive substance-based solutions which includes the provision of independent directors and infrastructure.
AGS Jersey is regulated by the Jersey Financial Services Commission (JFSC) and provides services to institutions and global corporate organisations, representing a wide diversity of industry sectors. These include: real estate; infrastructure; banking and asset management; private equity; energy and natural resources; media; intellectual property, and employee incentives.