Jersey as a Finance Centre

Jersey's reputation as a leading offshore finance centre has gone from strength to strength in the last 30 years. Presently, there are 82 banks registered in the island holding £97 billion in Sterling and foreign currency deposits. The total value of collective investment funds is £35 billion with considerably greater amounts held in private funds, trust and offshore companies. Over 10,000 people work in the finance industry and provide high standards of banking, accountancy, legal and fiduciary services. Jersey's niche in the offshore finance industry is based on one word "expertise".

Having created an environment in which reputable companies and individuals can place funds and conduct business offshore, Jersey has sustained its credentials by the regulation of professional standards. Jersey's financial institutions are closely scrutinised to ensure their activities are legitimate, a surveillance reinforced by supporting legislation which discourages misconduct and illegal