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ARTICLE · 15 FEBRUARY 2017

White Paper Sounds A Positive Note

The White Paper published last week by the UK Government includes some encouraging pointers for the negotiations that are to come and the position of the Crown Dependencies.

JerseyGovernment, Public Sector

The White Paper published last week by the UK Government includes some encouraging pointers for the negotiations that are to come and the position of the Crown Dependencies.

In particular the fact that the Secretary of State for Exiting the EU, David Davis, MP, when presenting the White Paper to Parliament, indicated that the interests of the Crown Dependencies are to be taken into account in the negotiations was welcome confirmation that the UK appreciate our unique constitutional position. It was further encouraging to note the commitment from UK ministers to meet with our ministers regularly in the months to come.

Whilst no one can safely predict the final outcome of the Brexit negotiations, Jersey's finance industry remains well positioned and we have reason to be confident about our future prospects. We are of course already outside of the EU and retain market access into Member States for our financial services as a result of directly negotiated agreements,

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