Intelligence

Jersey is set to modernize its financial regulatory framework by repealing its mid-twentieth century Control of Borrowing regime and introducing targeted registration systems for digital asset issuers, private funds, and retail prospectuses. The Draft Financial Products and Prospectuses Law proposes to streamline regulatory oversight while maintaining investor protections, with digital asset issuers moving from the current COBO consent process to a new statutory registration framework.

Jersey has established itself as one of the world's major international finance centres, offering sophisticated fund structures ranging from lightly-regulated Jersey Private Funds to Expert Funds and Listed Funds. The jurisdiction combines tax neutrality, political stability, and a comprehensive regulatory framework designed to accommodate diverse investment strategies including private equity, real estate, infrastructure, and emerging asset classes like digital assets.

The Security Interests (Jersey) Law 2012 (the SIJL) governs security over Jersey intangible movable property. Since coming fully into force on 2 January 2014, four Royal Court decisions have shaped...

Jersey's investment funds sector continues to evolve with strategic reforms designed to enhance competitiveness and operational efficiency. Recent developments include the government's Time to Win initiative, comprehensive reforms to the Control of Borrowing regime, and the introduction of a modern corporate administration framework that expands restructuring options for distressed companies.

One year after Jersey introduced significant enhancements to its Jersey Private Fund (JPF) regime, the market is already demonstrating the value of those changes. In the latest Market Moves video, Peggy Gielen, Senior Legal and Technical Manager at Jersey Finance, is joined by Matt McManus, Partner at Ogier, and Arindam Madhuryya, Partner at Carey Olsen, to reflect on how the enhancements have strengthened Jersey's position as a leading jurisdiction for private capital.

The Crown Dependencies' regulators have jointly proposed a coordinated framework to combat authorised push payment fraud, where criminals deceive victims into transferring money under false pretences. The framework addresses prevention measures, customer protection standards, and reimbursement regimes while diverging from UK and EU approaches by not implementing inter-bank cost sharing. Financial institutions operating across Jersey, Guernsey, and the Isle of Man will need to enhance their fraud detection s