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Jersey Sets Out Vision For Digital Future

by Jason Gorringe, Lowtax.net, London
14 June, 2016

Jersey has published a draft "Digital Policy Framework" setting out how the island can capitalize on the opportunities offered by digital technology to grow an efficient government, an innovative economy, and a connected society.

The objectives of the Framework are wide ranging and include increasing the use of digital technology to deliver more government services, such as in the areas of customs duties, pensions, and business registration.

Jersey will look to support specific high growth areas, including FinTech and MedTech, and facilitate the usage of distributed ledger technologies, such as blockchain, in Jersey. Digital Jersey, an entity that works alongside government and industry coordinating activities that improve the environment for digital business in Jersey, will be funded to support local companies developing products and services in these target sectors.

The Government and Jersey's financial services regulator, the Jersey Financial Services Commission, will ensure the island's legislative and regulatory framework enables the development and adoption of FinTech and RegTech.

Jersey is seeking feedback on the draft Framework before the final version is published in autumn 2016.

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