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ARTICLE · 06 JANUARY 2010

Jersey’s Fund Developments – Managers Of Managed Entities

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Some may think that in the current global economic climate, investment funds practitioners in the Island would be too busy dealing with issues arising from falling net asset values, credit and liquidity restrictions, compliance with banking covenants, portfolio company and tenant insolvencies, investor redemption requests, counterparty insolvency risk and the like to consider the further development of Jersey’s fund regulation regime.

JerseyWealth Management

Some may think that in the current global economic climate, investment funds practitioners in the Island would be too busy dealing with issues arising from falling net asset values, credit and liquidity restrictions, compliance with banking covenants, portfolio company and tenant insolvencies, investor redemption requests, counterparty insolvency risk and the like to consider the further development of Jersey's fund regulation regime.

Nothing could be further from the truth. In spite of the enormous amount of legislative and regulatory development that has occurred in the funds industry in Jersey in the last two years, both the regulator and the industry are working together to further enhance and develop the Island's offering to the global funds industry.

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