Jersey

Jersey, is a British Crown Dependency, located off the coast of Normandy, France. It is a known tax haven.

In September 2011 Jersey retained its ranking as the world's top offshore financial centre according to the Global Financial Centres Index published by the think tank Z/Yen Group.

Activities

In October 2011 research by anti-poverty charity ActionAid revealed that 98 of the 100 companies listed on the London Stock Exchange use subsidiaries in tax havens worldwide, with Jersey hosting the lion's share of more than 600.

Events

On 16 May 2012 the Jersey Finance Annual London Conference was held on at the British Museum, attended by an audience of over 200 wealth management professionals. Keynote speakers included broadcaster Nick Robinson, who gave the audience an overview of the current global political landscape and his views on what this means in terms of future wealth creation, and Tom Purves, former CEO of Rolls Royce, who discussed the challenges in creating wealth and the importance of integrity and a strong, credible brand.

Geoff Cook, chief executive of Jersey Finance, who introduced the conference, said:

It was a really excellent turnout at this week's conference, particularly in terms of the high proportion of attendees from the City and elsewhere in the UK. It demonstrates the continued attraction of Jersey for high quality wealth management services amongst UK professionals and reinforces the strong links with and the enormous contribution Jersey makes to the City of London.

Affiliations

• The States of Jersey employ lobbying agency Weber Shandwick (2011) (as does KPMG Jersey)
• Jersey Finance set up to represent and promote Jersey as an international financial centre.

• Jersey Fund Management Industry
• Jersey Financial Services Commission

People

• Terry Le Sueur - Chief Minister of Jersey
• Philip Ozouf - Treasury Minister
• Ian Gorst