Jersey Retains Position As Top Offshore Finance Centre

Jersey has retained its top spot as the highest rated offshore jurisdiction in the latest Global Financial Centres Index (GFCI) and is the only offshore centre to feature in the top 30 finance centres around the world.

Jersey is now placed 28^th in the competitive rankings, which are published every six months. The 13^th edition of the Index has ranked Guernsey in 31^st place, the Cayman Islands in 41^st and the Isle of Man in 43^rd. London remains number one, followed by New York, Hong Kong and Singapore.

Particularly strong performances from a number of major city locations that have jumped up the rankings, such as Paris, Vienna and Kuala Lumpur, have impacted Jersey's previous GFCI 12 position (20^th). However, Jersey has increased its overall rating in the Index to now sit just behind Melbourne, Paris and Munich and ahead of Oslo and Qatar.