Jersey First for Finance 15th Edition

In this edition of Jersey ~ First for Finance, we highlight how innovation and resilience are key factors in Jersey’s continued success as an international finance centre.

 

25 September 2023

Contents

Content

Articles

Jersey's Chief Minister, Deputy Kristina Moore, Government of Jersey, discusses Jersey’s global reach as a place to do business.
Elaine Millar, Assistant Chief Minister, Government of Jersey, highlights Jersey's dedication to its financial sector, including international connections, compliance with global standards, and enhancing services for locals.
Our CEO, Joe Moynihan, discusses Jersey the IFC and its global reach and abilities in innovation and resilience.

Jersey ~ Premier Jurisdiction of Choice

Jersey Finance Chairman, Jason Laity, touches upon how prioritising talent attraction and collaboration will help Jersey to secure its position as a forward-looking IFC.
Russell Kelly, Head of Advisory, and Paul Eastwood, Tax Partner at KPMG in the Crown Dependencies, share their outlook on 2023 and into 2024.

Global Cooperation

Allan Wood, Global Head of Business Development, Jersey Finance, discusses how the diversification of Jersey’s global market reach has long been a key part of Jersey Finance’s strategy.
 



Regulation

Jill Britton, Director General at the JFSC, discusses how they are focussing on strengthening their regulatory framework, fostering stakeholder relationships, and investing in technology and personnel to achieve regulatory effectiveness.

Compliance

Mathew Beale, CEO, Comsure, expands on how compliance professionals are facing evolving challenges, including cybersecurity threats, data reporting demands, and the integration of environmental, social, and governance principles.

Digital

Tony Moretta, CEO at Digital Jersey, details their new initiative that is designed to strengthen the Island's technology ecosystem and support its economy, environmental goals, and community objectives.

Finance Focus

Our Deputy CEO, Amy Bryant, considers Jersey's long history of innovation and foresight as an IFC.
Helen De La Cour, Government of Jersey, discusses how the future of Jersey's IFC involves focussing on digital skills, embracing technology, and upskilling in green and sustainable finance to maintain its leading position as a premier IFC.
Michelle Ryan, Chair of JASP, considers Jersey's responsibility to promote sustainability by integrating ESG factors into financial decisions, addressing SDGs, and contributing to climate action.

Wealth Management

Simon O’Donoghue, Founder/Chair, Channel Islands Wealth Management Association (CIWMA), details how the CIWMA has fostered collaboration, diversity, and technology in the wealth management sector.

Trusts

Sarah Bartram-Lora Reina, President, JATCo, details how Jersey trustees must consider ESG factors, stay informed about international and domestic developments, and leverage digital innovation to enhance productivity and efficiency.

Philanthropy

Michael Giraud, Standard Bank Jersey, explores Jersey's robust governance standards and regulatory framework playing a pivotal role in facilitating charitable efforts.

Islamic Finance

Bruce MacNeil and Matt McManus, Ogier, discuss how Jersey is well-equipped to meet the growing demand for Shariah-compliant financial structures and its aim to be a leading sustainable IFC.

Funds

Michael Johnson, Chair, Jersey Funds Association (JFA), details how Jersey has seen growth in resident managers and expanded its product ranges, maintaining its appeal as a gateway to EU investor capital through private placement.
Tim Morgan and Simon Hopwood, Maples Group, Jersey, expand on how global transactions require Jersey's expertise in combining regulatory flexibility and cost-efficiency.

Markets and Exchanges

Kay McCarthy, The International Stock Exchange (TISE), shares how their diversification strategy includes the launch of TISE Private Markets, offering unlisted companies tailored electronic solutions for trading, settlement, and registry management.

Banking

Lynn Cleary, President, Jersey Bankers Association (JBA), discusses embracing digitalisation, investing in cybersecurity, and adopting customer-centric strategies, enabling Jersey's banks to navigate an evolving landscape and thrive in the future.

Corporate Services

Andrew Weaver, Paul Worsnop, and Michael Davies, Appleby Jersey, discuss how Jersey's robust regulations and adaptability create opportunities for corporate service providers in the ever-evolving financial landscape.

Restructuring and Insolvency

Simon Hurry and Karen Stachura, Collas Crill, provide an insight into how Jersey's insolvency regime was expanded with the introduction of a creditor's winding-up process, enhancing recovery options.

Accountancy

David Moehle, President, Jersey Society of Chartered and Certified Accountants (JSCCA), explores how Jersey's accounting sector embraces AI for efficiency.

Relocation

Kevin Lemasney, Head of High Value Residency Engagement, Locate Jersey, explains why Jersey is a thriving international destination for living and working.