Jersey Named Euromoney's IFC Of The Year
by Jason Gorringe, Lowtax.net, London
07 July, 2015
Global Investor/ISF magazine, one of Euromoney Institutional Investor's flagship titles, has awarded Jersey "Financial Center of the Year 2015" in their annual Investment Excellence Awards.
The award recognizes Jersey's appeal for financial services, especially in the field of fund management and domiciliation.
The panel of judges said: "The news from Jersey got better and better throughout 2014. A strong performance in the funds sector saw the value of fund assets administered in the jurisdiction increase by almost one-fifth year-on-year to reach the highest level in seven years."
Geoff Cook, CEO of Jersey Finance, said: "Awards of this nature are acknowledgement that Jersey is seen as a leading International Finance Center. A reputation built on the highest standards of corporate governance, a continued commitment to developing new products, and evolving laws and regulations to meet international investor demand. In an ever-changing landscape, the enduring appeal of Jersey as a secure and well-regulated financial services jurisdiction is providing investor confidence, which not only attracts business, but also global recognition."
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