Jersey SPVs And Structured Finance

This note provides a brief summary of the use of Jersey SPVs in structured finance transactions, outlines the principle legal and regulatory regime in Jersey governing such transactions and highlights some key considerations for these types of structures.

Overview

Jersey has political and economic stability, high levels of regulation, tax neutrality and a sophisticated modern and flexible legal system combined with vast experience and expertise offered by highly skilled financial services providers. All of this contributes to maintain Jersey's position as one of the world's leading international finance centres.

Jersey continues to remain a primary jurisdiction in which to incorporate a special purpose vehicle ("SPV") as an issuer of debt securities. Jersey is the jurisdiction of choice for corporate entities seeking to list – with the greatest number of FTSE 100 companies registered outside of the United Kingdom (the "UK"), being registered in Jersey.