60+

years at the forefront of global finance, with a wide range of products and services

Regulation

Our strong and respected regulatory framework sets us apart

800

years of independence, with our own elected Parliament and judicial system

Substance

We're proud that our offshore financial centre is home to a whole range of major financial services firms

15

national and international awards have been won by Jersey in the past 5 years

In this Section

Why is Jersey a leading IFC?

A WORLD FINANCIAL CENTRE: WHAT SETS US APART Together with political and economic stability, our forward-thinking and robust regulatory framework has set us apart from other IFCs for more than six decades, making us a world leader in finance.
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We work with a whole range of national and international financial services firms based in Jersey. Browse our business directory for more information, or to search for a specific organisation in our offshore financial centre.

Here's how Jersey the IFC stands out:

Independence

While we often work closely with Britain, we’re not part of the UK or represented by the British Houses of Parliament. We’ve maintained this domestic autonomy for centuries, which will continue to bring benefit in the post-Brexit future.

Stability

We’re proud to have our own elected Parliament and judicial system, bringing us stability and freedom of independence.

Tax neutrality

Is Jersey a tax haven? No. Jersey offers a clear, tax-neutral environment, allowing investors to work together more efficiently. They pay tax in their own countries and in those they invest in, without complex cross-border tax issues – and without being taxed twice.

Without places like Jersey, bringing many different investors together would be very difficult, with many investments and benefits being lost as a result.

Regulation

To ensure the right tax is being paid, strong regulation is needed. Jersey’s strong regulatory framework sets it apart from other IFCs. The framework for our IFC is one of the strongest in the world, designed to bring clarity and transparency to the world of finance.

In our IFC, we make certain that we know exactly where all the money in Jersey has come from and where it’s going. We then share that information with the relevant authorities and governments, working with them to ensure the tax due is being paid. This constant communication is vital to fighting financial crime and corruption.

As one of the best regulated IFCs, we have been acknowledged by independent assessments from some of the world’s leading bodies, including the World Bank and IMF, as well as scoring top marks from the OECD on tax transparency. We were also subject to a Mutual Evaluation by MONEYVAL in 2016 and found to be ‘compliant’ or ‘largely compliant’ with 48 out of 49 FATF Recommendations, the highest score amongst all states assessed.

 

Substance

Together with the many major financial services organisations that are based in Jersey’s capital, St. Helier, we employ almost a quarter of the local workforce. Jersey’s finance centre has developed a breadth and depth of products and services that sets us apart from other jurisdictions – offerings that’ll only grow in the future.

Legal system

Our legal framework provides vital support to our finance centre, making sure that we stay flexible and attractive for domestic and international markets.

 

Expertise

The highly-skilled workforce and key stakeholders in our IFC work together to develop products and services. This focus adds value to local and global economies, as well as the futures of individual investors.

Awards
OUR AWARDS AND ACCOLADES Jersey’s world-class reputation has been endorsed by independent bodies and institutions of the highest standards. Our Awards
Work
Jersey’s Contribution to Global Value Chains
Research from the Centre for Economics and Business Research (Cebr) has quantified the full extent of Jersey’s global economic footprint and its contribution to global value chains. It has revealed that our financial services industry makes a significant impact on the global economy.
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Work
Jersey’s Transparency Timeline
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