This is the fifth consecutive year Jersey has been awarded the accolade, this year being selected by the panel of judges above other shortlisted jurisdictions; Guernsey (silver), Singapore (bronze), Bermuda, Malta, New Zealand, and USA.

William McGillivray, Business Development Director – London, Jersey Finance, accepted the award at a gala ceremony, hosted by Austin Healey, which was held on Wednesday 19 January at Lord's Cricket Ground in London.

Organised by leading events and publishing group Citywealth, the Awards were established six years ago, in order to highlight the expertise and service excellence of advisers and managers in the private wealth sector in major IFCs. They are judged by an international panel of highly respected practitioners from all sectors, with winners being selected based on their excellence, achievement, innovation, expertise and service.

Geoff Cook, CEO, Jersey Finance, said: “To have been recognised through these awards for five consecutive years is no small achievement. Not only does this further reflect Jersey’s ability to adapt to a constantly changing and complex environment, but it also demonstrates the jurisdiction’s commitment to the highest global regulatory standards.”