Lending And Secured Finance Laws And Regulations Jersey

This chapter covers common issues in lending and secured finance laws and regulations in Jersey – including guarantees, collateral security, financial assistance, and syndicated lending.

1. Overview

1.1 What are the main trends/significant developments in the lending markets in your jurisdiction?

Globally, 2024 was marked by continued geo-political instability and an unprecedented number of elections with over 60 countries, representing nearly half the world's population, going to the ballot box. Despite these challenges, 2024 saw the global economy experience modest growth, with inflationary pressures retreating and central banks in the US, the EU and the UK all cutting interest rates to support growth. With a downward trend in interest rates, debt finance transactions rebounded in a number of markets in the second half of 2024. This was somewhat tempered in the UK as a consequence of the fiscal changes introduced by the UK October budget, raising concerns of