Legal Business

Research reinforces the global value of IFCs

Research reinforces the global value of IFCs

Geoff Cook of Jersey Finance discusses the role of offshore jurisdictions.

International finance centres (IFCs) have for some time known that they make a considerable, positive contribution to global economies, but until recently empirical evidence to reflect that has not been readily available.

Legal Business

London conference will highlight Jersey’s pivotal role as funds jurisdiction

London conference will highlight Jersey’s pivotal role as funds jurisdiction

Geoff Cook of Jersey Finance highlights the effects of the AIFMD on Jersey

Recent figures for Jersey’s funds sector show that business has reached its highest level in five years, with a strong upward trend in the alternative funds sector.

From a fund servicing point of view, as regulatory pressures ramp up the volume and complexity of reporting requirements, there is also expected to be a significant opportunity for Jersey’s specialist service providers to support lawyers and fund promoters onshore by meeting the demand for outsourced administration and governance requirements.