New Charities Law Positions Jersey At The Forefront Of A Rapidly Evolving Philanthropy Sector

New legislation approved by Jersey's government last week will help confirm the jurisdiction as a leading, mature and flexible centre for global philanthropic work, according to Jersey Finance.

The Charities (Jersey) Law, approved by the States of Jersey on 18 July 2014, creates a robust and modern legal framework to support all types of international philanthropic and charitable enterprise.

In taking care to make sure the new legislation is as flexible as possible, catering for the needs of small local charities as well as global philanthropic structures, Jersey has introduced a unique framework that is expected to prove attractive for a wide range of philanthropic and charitable organisations whilst at the same time providing the appropriate levels of governance and accountability so crucial in this area.