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Jersey Receives Best IFC At GCC Awards

by Jason Gorringe, Lowtax.net, London
03 November, 2016

Jersey has won the "International Finance Center – Editor's Award" at the recent WealthBriefing Gulf Cooperation Council (GCC) Region Awards 2016.

Held at the Taj Dubai hotel, the awards are intended to showcase "best of breed service providers" in the global private banking, wealth management, and trusted advisor communities by recognizing territories, companies, teams, and individuals who have demonstrated innovation and excellence during 2016.

The judges commended Jersey for its high-ratings with international bodies and its ability to gain full access to the European Single Market at a time when such access is in the spotlight. They said: "International offshore centers must put a premium on reputational strength, great client service and leadership. This jurisdiction scores well on all these counts."

Geoff Cook, the CEO of Jersey Finance, the island's financial services promotion agency, said: "It is an honor to have been recognized at WealthBriefing GCC Region Awards 2016. Over the past 12 months, the island has not only continued to innovate and attract new business from within its key markets, but has also demonstrated its ability to respond quickly and appropriately in a rapidly shifting global market. This prestigious award is evidence to the fact that Jersey remains a leading jurisdiction globally in terms of its reputational strength, excellent client service and robust regulatory regime."

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