2016 Challenges For Companies Operating In Jersey

Last year Jersey cemented its position as a leading centre for companies looking to list - as reflected in the rise in volume and value of Jersey companies listed on exchanges around the world. Here are some challenges that lie ahead in this jurisdiction over the next 12 months.

In affirming Jersey's AA+ credit rating, Standard & Poor's (S&P) noted the jurisdiction's mature political and institutional setting, flexible policy environment, wealthy economy and healthy financial position, underpinned by low debt and a high net general government asset position. Last year also saw a recommendation from the European Securities and Markets Authority (ESMA) for Jersey to be included in the first wave of 'third non-EU countries' whose managers can seek authorisation for a passport to market their alternative investment funds (AIF) to professional investors throughout EU Member States.