A new regulatory Order due to come into effect this month marks a significant and welcome step in a series of changes aimed at streamlining Jersey’s legislative framework, according to Jersey Finance.
The Control of Borrowing (Jersey) Amendment Order 2026 comes into effect on 13 April 2026 and represents the first phase in a series of changes forming part of the Government of Jersey’s Financial Services Competitiveness Programme. These changes ae designed to build on Jersey’s already robust regulatory framework by making it even more streamlined, proportionate and responsive to the needs of global investors.
In particular, the steps will reduce the circumstances in which Control of Borrowing Order (COBO) consents are required for unit trusts, such as Jersey Property Unit Trusts (JPUTs), and non-Jersey entities raising money, holding Jersey bank accounts or being registered in Jersey – paving the way for a more proportionate, risk-based regulatory approach.
