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ARTICLE · 30 APRIL 2026

Jersey COBO Reform: First Phase Of Simplification Now In Force

Carey Olsen
Carey Olsen
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The Control of Borrowing (Jersey) Amendment Order 2026 significantly relaxes COBO requirements, reducing the need for JFSC consent across many structures. It simplifies unit trust...

JerseyCorporate/Commercial Law
Thomas MacAdie
Thomas MacAdie
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Briefing Summary: The Control of Borrowing (Jersey) Amendment Order 2026 significantly relaxes COBO requirements, reducing the need for JFSC consent across many structures. It simplifies unit trust and non‑Jersey vehicle transactions, broadens permitted offer circulation, and supports faster, more competitive structuring ahead of COBO’s planned repeal in 2027.

Service Area: Corporate

Location: Jersey

The Control of Borrowing (Jersey) Amendment Order 2026 took effect on 13 April 2026 as part of Jersey’s Financial Services Competitiveness Programme. It marks the first legislative step towards the full repeal of the COBO regime, expected in 2027, and significantly reduces the circumstances in which JFSC consent is required.

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