Jersey’s finance industry has been represented on a three day Jersey Government led visit to Israel this week.

It was the first formal visit by Jersey’s Government to Israel and an opportunity to build business and commercial ties across various sectors including e-gaming, clean-tech investment as well as in traditional financial services.

Geoff Cook, chief executive, Jersey Finance Limited, represented the finance industry and had meetings with major banking groups HSBC and Barclays and leading Israeli law firms. He took part in a round table discussion hosted by Moore Stephens which included representatives from Israel’s financial services industry and he joined the full Government delegation at events hosted by the British Embassy in Tel Aviv and at the Tel Aviv Stock Exchange.

Geoff Cook commented:

‘This was a first class opportunity to explore the potential to attract more financial business to our shores and fits with our strategy of developing awareness of Jersey’s Finance Industry in new and emerging markets. Along with ministerial colleagues we have been able to highlight Jersey’s strengths as an international finance centre and it was encouraging that, on our first visit, we were able to meet with some very senior Israeli ministers and other influential officials as well as prominent figures from business and finance.

Jersey Government ministers Senator Alan Maclean, Economic Development Minister and Senator Freddie Cohen, Assistant Chief Minister, UK and International Relations, led the delegation which visited Jerusalem and Tel Aviv during the three days (May 23 – 25). Many of the meetings with senior politicians took place during a visit to the Knesset, the country’s legislature.