With major markets suffering their worst performance since the financial crisis in 2008, like all economies, Jersey is continuing to monitor the ongoing impact of the Coronavirus on economic conditions and financial systems. Of course, it is difficult to determine or speculate on what lies ahead for any economy in these extraordinary circumstances. As an internationally-dynamic organisation, our immediate focus is to monitor the global situation on a daily basis, working closely with our members, stakeholders and suppliers in line with all current health and travel advice.
As a sophisticated and digitally-enabled finance centre, finance firms in Jersey have business continuity plans readily in place and are generally well equipped to manage the possibility of remote working should that be necessary. We would encourage members to monitor advice from the Government of Jersey and we will be publishing regular updates where our own events and activity are impacted over the coming days and weeks on our social media channels and website.
Helpfully, the Government of Jersey has published a Business Continuity Toolkit to support businesses at this time, and is providing regular health and travel advice .