76:
17:
116:
66:
The first ever bank in Jersey was established in 1796. In 1961, banks began to establish offshore operations in Jersey to meet the growing demands of
British customers. In the 1970s, Jersey authorities decided that bank licences should be limited to the top 500 global banks. The island was the first
106:
fund was established in Jersey in July 2014, with the approval of the Jersey
Financial Services Commission, after island leaders expressed a desire for Jersey to become a global center for digital currencies. At the time of the establishment of the fund by a Jersey-based hedge fund company, Bitcoin
87:
The Royal Bank of Canada (RBC) is a major employer with some 900 staff employed in Jersey, as of March 2009. The finance sector profits were about ÂŁ1.18 billion in 2015. In the second quarter of 2020, the total value of banking deposits held in Jersey decreased from ÂŁ145.7bn to ÂŁ141.2bn. There were
83:
Jersey-based financial organisations provide services to customers worldwide, including multi-currency banking, offshore mortgages and investment solutions. It is home to banking organisations from across the globe. In June 2020, it was reported that there were 13,450 jobs within this sector.
99:, where it is based. It was established in 1998. In 2015, Jersey (in conjunction with the Bailiwick of Guernsey) established the Channel Islands Financial Ombudsman (CIFO) to resolve consumer complaints about financial services provided in or from the Channel Islands.
143:
Jersey has been variously given the title of a 'tax haven' since the 1920s, when wealthy Brits began to move (or move their wealth) into the island to avoid wealth and inheritance taxes. Its taxation laws have been widely criticised by various people and groups.
1421:
379:
632:
1863:
1858:
1868:
637:
1848:
1787:
1782:
387:
1853:
622:
1777:
1772:
1843:
642:
1767:
1762:
84:
According to Jersey
Finance, a group which represents financial sector companies from the island, Jersey represents an extension of the City of London.
627:
1003:
647:
1886:
1112:
617:
91:
On 4 February 2009 Jersey
Finance officially announced its intention to open a new representative office in London. Jersey shares
694:
579:
434:
140:. It attracts deposits from customers outside of the island, seeking the advantages such places offer, like reduced tax burdens.
1060:
1503:
1050:
330:
1498:
1169:
250:
1035:
876:
1040:
450:
1508:
672:
612:
500:
689:
92:
75:
652:
1673:
1805:
1716:
1678:
1602:
1025:
998:
67:
jurisdiction to bring in the world to bring trust and company service providers within a regulatory regime.
1706:
1640:
1310:
1221:
1020:
921:
408:
279:
42:(OFC) and one of the most economically successful OFCs in the world. Jersey has the preconditions to be a
1815:
1744:
1630:
1493:
1067:
871:
679:
572:
1711:
1663:
1962:
1164:
976:
1906:
1295:
1184:
971:
850:
800:
777:
163:"Uncovering Offshore Financial Centers: Conduits and Sinks in the Global Corporate Ownership Network"
133:
39:
1658:
1810:
1668:
1579:
1541:
1513:
1290:
1045:
1030:
993:
845:
830:
1825:
1449:
1122:
866:
1901:
1612:
1932:
1546:
1439:
1400:
1300:
983:
767:
715:
565:
127:
1635:
1325:
1820:
1701:
1607:
1569:
1488:
1305:
840:
354:
55:
16:
1584:
1531:
1429:
1382:
1089:
988:
306:
161:
Garcia-Bernardo, Javier; Fichtner, Jan; Takes, Frank W.; Heemskerk, Eelke M. (2017-07-24).
8:
1896:
1650:
1536:
1406:
1340:
1253:
1209:
1107:
1015:
934:
906:
894:
791:
684:
475:
220:"A small island territory moving down the 'development ladder'?: a case study of Jersey"
1891:
1835:
1696:
1594:
1472:
1362:
1355:
1216:
955:
916:
835:
662:
195:
162:
47:
431:
1925:
1688:
1574:
1372:
1315:
1274:
1248:
1147:
1102:
911:
815:
657:
597:
536:
231:
200:
182:
28:
1797:
1739:
1433:
1390:
1231:
1226:
1085:
1010:
752:
742:
190:
174:
1941:
1878:
1754:
1731:
1622:
1367:
1345:
1241:
1204:
1199:
1127:
1055:
825:
772:
438:
820:
1444:
1258:
1236:
762:
737:
720:
667:
178:
757:
1956:
1721:
1335:
1330:
1077:
939:
725:
454:
235:
186:
1191:
1179:
732:
204:
1395:
1350:
1174:
1320:
511:
1561:
747:
43:
1551:
1523:
1480:
1468:
929:
160:
137:
51:
1117:
1096:
699:
96:
557:
103:
588:
219:
32:
507:
54:. As of 2021, Jersey has received an AA-credit rating from
307:"60-Year Timeline of Jersey's Finance Industry | Our Work"
115:
107:
was already being accepted by some local businesses.
409:"2020 Quarterly Reports and Statistics | Our Work"
1954:
380:"Government of Jersey: Financial Services Unit"
70:
534:
476:"Jersey approve Bitcoin fund launch on island"
50:of the UK. It is sometimes considered to be a
573:
468:
88:33,186 live companies on Jersey's register.
580:
566:
673:Channel Islands Occupation Society (CIOS)
194:
1467:
114:
74:
15:
251:"Why is Jersey Considered a Tax Haven?"
1955:
1061:List of members of the States Assembly
799:
501:"The Global Financial Centres Index 8"
217:
1466:
618:German occupation during World War II
561:
110:
1170:Jersey Financial Services Commission
301:
299:
274:
272:
270:
121:Jersey Financial Services Commission
587:
132:Jersey is one of the top worldwide
27:are a highly important part of the
13:
128:Economy of Jersey § Tax haven
14:
1974:
331:"Jersey Labour Market Statistics"
296:
267:
248:
451:"Channel Islands Stock Exchange"
119:Logo of the financial regulator
93:The International Stock Exchange
79:Royal Bank of Scotland building.
20:The International Finance Centre
1004:Customs and Immigration Service
528:
493:
443:
425:
218:Oliver, Michael J. (May 2019).
136:. It is described by some as a
401:
372:
347:
323:
242:
211:
154:
38:Jersey is considered to be an
1:
535:Nick Mathiason (2007-11-03).
147:
46:, but it is a self-governing
432:Jersey Finance London Office
224:Small States and Territories
71:Financial and legal services
25:Financial services in Jersey
7:
10:
1979:
1165:Jersey Electricity Company
179:10.1038/s41598-017-06322-9
134:offshore financial centers
125:
61:
1919:
1877:
1834:
1796:
1753:
1730:
1687:
1649:
1621:
1593:
1560:
1522:
1504:de Haut du Mont au PrĂŞtre
1479:
1462:
1420:
1381:
1286:
1282:
1273:
1155:
1146:
1076:
967:
963:
954:
902:
893:
859:
851:Highlands College, Jersey
808:
790:
708:
605:
596:
40:offshore financial centre
31:of the British island of
1864:de la Petite Longueville
1859:de la Grande Longueville
1499:de Bas du Mont au PrĂŞtre
1046:Procureur du Bien Public
877:St Michael's Preparatory
831:Jersey College for Girls
1783:Cueillette de Vinchelez
867:Beaulieu Convent School
537:"Jersey is a tax haven"
1887:de la Ville-à -l'Évêque
1788:Cueillette de LĂ©oville
1401:ITV Channel Television
926:Places in the islands
768:Jersey Eastern Railway
758:La Corbière Lighthouse
716:La Cotte de St Brelade
690:Coastal fortifications
510:. 2010. Archived from
437:March 5, 2009, at the
123:
80:
21:
1778:Cueillette de Millais
1773:Cueillette de Grantez
1306:Durrell Wildlife Park
118:
78:
19:
1674:du Coin Tourgis Nord
999:Council of Ministers
989:Government of Jersey
102:The first regulated
1717:du Fief de la Reine
1679:du Coin Tourgis Sud
1407:Jersey Evening Post
1341:Jersey Royal potato
1326:Jèrriais literature
1210:Visite du Branchage
1108:Jersey Legal French
1026:Lieutenant Governor
872:De La Salle College
280:"Banking | Sectors"
1222:Telecommunications
1160:Financial services
1021:External relations
663:Battery Lothringen
658:War Tunnels Museum
648:SechsschartentĂĽrme
167:Scientific Reports
124:
111:'Tax haven' status
81:
56:Standard and Poors
22:
1963:Economy of Jersey
1950:
1949:
1915:
1914:
1849:de Sous la Hougue
1768:Grande Cueillette
1763:Petite Cueillette
1494:du Rouge Bouillon
1458:
1457:
1416:
1415:
1321:Jèrriais language
1291:Battle of Flowers
1269:
1268:
1194:(former currency)
1142:
1141:
1138:
1137:
1103:HM Prison La Moye
1036:Political parties
950:
949:
889:
888:
885:
884:
786:
785:
1970:
1935:
1928:
1869:de Sous l'Église
1603:Grande Vingtaine
1509:du Mont à l'Abbé
1464:
1463:
1434:Beautiful Jersey
1391:BBC Radio Jersey
1284:
1283:
1280:
1279:
1232:Newtel Solutions
1227:JT Group Limited
1195:
1153:
1152:
1011:Duke of Normandy
965:
964:
961:
960:
900:
899:
846:Victoria College
806:
805:
797:
796:
753:Battle of Jersey
743:Elizabeth Castle
603:
602:
582:
575:
568:
559:
558:
552:
551:
549:
548:
532:
526:
525:
523:
522:
516:
505:
497:
491:
490:
488:
486:
472:
466:
465:
463:
462:
453:. Archived from
447:
441:
429:
423:
422:
420:
419:
405:
399:
398:
396:
395:
386:. Archived from
376:
370:
369:
367:
366:
355:"RBSI in Jersey"
351:
345:
344:
342:
341:
327:
321:
320:
318:
317:
303:
294:
293:
291:
290:
276:
265:
264:
262:
261:
246:
240:
239:
215:
209:
208:
198:
158:
48:Crown dependency
1978:
1977:
1973:
1972:
1971:
1969:
1968:
1967:
1953:
1952:
1951:
1946:
1938:
1931:
1924:
1911:
1907:de la Croiserie
1873:
1830:
1816:Grand Vingtaine
1792:
1749:
1726:
1683:
1645:
1617:
1589:
1556:
1518:
1475:
1454:
1412:
1377:
1296:Catholic Church
1265:
1242:Airtel-Vodafone
1193:
1134:
1072:
1056:States Assembly
1031:Parish Assembly
946:
881:
855:
782:
773:Jersey Heritage
704:
592:
586:
556:
555:
546:
544:
533:
529:
520:
518:
514:
503:
499:
498:
494:
484:
482:
474:
473:
469:
460:
458:
449:
448:
444:
439:Wayback Machine
430:
426:
417:
415:
407:
406:
402:
393:
391:
378:
377:
373:
364:
362:
353:
352:
348:
339:
337:
329:
328:
324:
315:
313:
305:
304:
297:
288:
286:
278:
277:
268:
259:
257:
247:
243:
216:
212:
159:
155:
150:
130:
113:
73:
64:
12:
11:
5:
1976:
1966:
1965:
1948:
1947:
1945:
1944:
1937:
1936:
1929:
1921:
1920:
1917:
1916:
1913:
1912:
1910:
1909:
1904:
1899:
1894:
1889:
1883:
1881:
1875:
1874:
1872:
1871:
1866:
1861:
1856:
1851:
1846:
1840:
1838:
1832:
1831:
1829:
1828:
1823:
1818:
1813:
1811:de St. Nicolas
1808:
1802:
1800:
1794:
1793:
1791:
1790:
1785:
1780:
1775:
1770:
1765:
1759:
1757:
1751:
1750:
1748:
1747:
1742:
1736:
1734:
1728:
1727:
1725:
1724:
1719:
1714:
1709:
1704:
1699:
1693:
1691:
1685:
1684:
1682:
1681:
1676:
1671:
1669:du Coin Motier
1666:
1664:du Coin Hâtain
1661:
1655:
1653:
1651:Saint Lawrence
1647:
1646:
1644:
1643:
1638:
1633:
1627:
1625:
1619:
1618:
1616:
1615:
1610:
1605:
1599:
1597:
1591:
1590:
1588:
1587:
1582:
1580:des Quennevais
1577:
1572:
1566:
1564:
1558:
1557:
1555:
1554:
1549:
1544:
1542:de Longueville
1539:
1534:
1528:
1526:
1520:
1519:
1517:
1516:
1514:du Mont Cochon
1511:
1506:
1501:
1496:
1491:
1485:
1483:
1477:
1476:
1460:
1459:
1456:
1455:
1453:
1452:
1450:Liberation Day
1447:
1442:
1437:
1426:
1424:
1418:
1417:
1414:
1413:
1411:
1410:
1403:
1398:
1393:
1387:
1385:
1379:
1378:
1376:
1375:
1370:
1365:
1360:
1359:
1358:
1353:
1343:
1338:
1333:
1328:
1323:
1318:
1313:
1308:
1303:
1298:
1293:
1287:
1277:
1271:
1270:
1267:
1266:
1264:
1263:
1262:
1261:
1251:
1246:
1245:
1244:
1239:
1234:
1229:
1219:
1214:
1213:
1212:
1207:
1197:
1189:
1188:
1187:
1177:
1172:
1167:
1162:
1156:
1150:
1144:
1143:
1140:
1139:
1136:
1135:
1133:
1132:
1131:
1130:
1120:
1115:
1110:
1105:
1100:
1093:
1082:
1080:
1074:
1073:
1071:
1070:
1065:
1064:
1063:
1053:
1048:
1043:
1038:
1033:
1028:
1023:
1018:
1013:
1008:
1007:
1006:
1001:
996:
994:Chief Minister
986:
981:
980:
979:
968:
958:
952:
951:
948:
947:
945:
944:
943:
942:
937:
932:
924:
919:
914:
909:
903:
897:
891:
890:
887:
886:
883:
882:
880:
879:
874:
869:
863:
861:
857:
856:
854:
853:
848:
843:
841:Les Quennevais
838:
833:
828:
823:
818:
812:
810:
803:
794:
788:
787:
784:
783:
781:
780:
778:National Trust
775:
770:
765:
763:Jersey Railway
760:
755:
750:
745:
740:
738:Grosnez Castle
735:
730:
729:
728:
718:
712:
710:
706:
705:
703:
702:
697:
692:
687:
682:
677:
676:
675:
670:
668:Battery Moltke
665:
660:
655:
653:German tunnels
650:
645:
640:
635:
630:
625:
615:
609:
607:
600:
594:
593:
591: articles
585:
584:
577:
570:
562:
554:
553:
527:
492:
467:
442:
424:
413:Jersey Finance
400:
371:
346:
322:
311:Jersey Finance
295:
284:Jersey Finance
266:
241:
210:
152:
151:
149:
146:
126:Main article:
112:
109:
72:
69:
63:
60:
9:
6:
4:
3:
2:
1975:
1964:
1961:
1960:
1958:
1943:
1940:
1939:
1934:
1930:
1927:
1923:
1922:
1918:
1908:
1905:
1903:
1900:
1898:
1895:
1893:
1890:
1888:
1885:
1884:
1882:
1880:
1876:
1870:
1867:
1865:
1862:
1860:
1857:
1855:
1852:
1850:
1847:
1845:
1842:
1841:
1839:
1837:
1836:Saint Saviour
1833:
1827:
1826:du Coin Varin
1824:
1822:
1819:
1817:
1814:
1812:
1809:
1807:
1804:
1803:
1801:
1799:
1795:
1789:
1786:
1784:
1781:
1779:
1776:
1774:
1771:
1769:
1766:
1764:
1761:
1760:
1758:
1756:
1752:
1746:
1743:
1741:
1738:
1737:
1735:
1733:
1729:
1723:
1720:
1718:
1715:
1713:
1710:
1708:
1707:de la Quéruée
1705:
1703:
1700:
1698:
1695:
1694:
1692:
1690:
1686:
1680:
1677:
1675:
1672:
1670:
1667:
1665:
1662:
1660:
1657:
1656:
1654:
1652:
1648:
1642:
1639:
1637:
1634:
1632:
1629:
1628:
1626:
1624:
1620:
1614:
1611:
1609:
1606:
1604:
1601:
1600:
1598:
1596:
1595:Saint Clement
1592:
1586:
1583:
1581:
1578:
1576:
1573:
1571:
1568:
1567:
1565:
1563:
1559:
1553:
1552:Les Minquiers
1550:
1548:
1545:
1543:
1540:
1538:
1535:
1533:
1530:
1529:
1527:
1525:
1521:
1515:
1512:
1510:
1507:
1505:
1502:
1500:
1497:
1495:
1492:
1490:
1487:
1486:
1484:
1482:
1478:
1474:
1470:
1465:
1461:
1451:
1448:
1446:
1443:
1441:
1438:
1435:
1431:
1428:
1427:
1425:
1423:
1419:
1409:
1408:
1404:
1402:
1399:
1397:
1394:
1392:
1389:
1388:
1386:
1384:
1380:
1374:
1371:
1369:
1366:
1364:
1361:
1357:
1354:
1352:
1349:
1348:
1347:
1344:
1342:
1339:
1337:
1336:Jersey people
1334:
1332:
1329:
1327:
1324:
1322:
1319:
1317:
1314:
1312:
1309:
1307:
1304:
1302:
1299:
1297:
1294:
1292:
1289:
1288:
1285:
1281:
1278:
1276:
1272:
1260:
1257:
1256:
1255:
1252:
1250:
1247:
1243:
1240:
1238:
1235:
1233:
1230:
1228:
1225:
1224:
1223:
1220:
1218:
1215:
1211:
1208:
1206:
1203:
1202:
1201:
1198:
1196:
1190:
1186:
1183:
1182:
1181:
1178:
1176:
1173:
1171:
1168:
1166:
1163:
1161:
1158:
1157:
1154:
1151:
1149:
1145:
1129:
1126:
1125:
1124:
1121:
1119:
1116:
1114:
1111:
1109:
1106:
1104:
1101:
1099:
1098:
1094:
1091:
1087:
1084:
1083:
1081:
1079:
1075:
1069:
1066:
1062:
1059:
1058:
1057:
1054:
1052:
1051:Royal Militia
1049:
1047:
1044:
1042:
1039:
1037:
1034:
1032:
1029:
1027:
1024:
1022:
1019:
1017:
1014:
1012:
1009:
1005:
1002:
1000:
997:
995:
992:
991:
990:
987:
985:
982:
978:
975:
974:
973:
970:
969:
966:
962:
959:
957:
953:
941:
938:
936:
933:
931:
928:
927:
925:
923:
920:
918:
915:
913:
910:
908:
905:
904:
901:
898:
896:
892:
878:
875:
873:
870:
868:
865:
864:
862:
858:
852:
849:
847:
844:
842:
839:
837:
834:
832:
829:
827:
824:
822:
819:
817:
814:
813:
811:
807:
804:
802:
798:
795:
793:
789:
779:
776:
774:
771:
769:
766:
764:
761:
759:
756:
754:
751:
749:
746:
744:
741:
739:
736:
734:
731:
727:
726:La Hougue Bie
724:
723:
722:
719:
717:
714:
713:
711:
707:
701:
698:
696:
693:
691:
688:
686:
683:
681:
678:
674:
671:
669:
666:
664:
661:
659:
656:
654:
651:
649:
646:
644:
641:
639:
638:Civilian life
636:
634:
633:Collaboration
631:
629:
626:
624:
621:
620:
619:
616:
614:
611:
610:
608:
604:
601:
599:
595:
590:
583:
578:
576:
571:
569:
564:
563:
560:
542:
538:
531:
517:on 2010-10-11
513:
509:
502:
496:
481:
477:
471:
457:on 2009-03-14
456:
452:
446:
440:
436:
433:
428:
414:
410:
404:
390:on 2020-11-23
389:
385:
381:
375:
360:
356:
350:
336:
332:
326:
312:
308:
302:
300:
285:
281:
275:
273:
271:
256:
252:
249:Tracy, Thom.
245:
237:
233:
230:(1): 83–104.
229:
225:
221:
214:
206:
202:
197:
192:
188:
184:
180:
176:
172:
168:
164:
157:
153:
145:
141:
139:
135:
129:
122:
117:
108:
105:
100:
98:
94:
89:
85:
77:
68:
59:
57:
53:
49:
45:
41:
36:
34:
30:
26:
18:
1933:Bibliography
1854:des Pigneaux
1722:Les Écréhous
1689:Saint Martin
1659:de la Vallée
1547:de la Rocque
1440:Coat of arms
1405:
1180:Jersey pound
1159:
1095:
984:Constitution
821:Haute Valleé
733:Mont Orgueil
643:Deportations
545:. Retrieved
540:
530:
519:. Retrieved
512:the original
495:
483:. Retrieved
479:
470:
459:. Retrieved
455:the original
445:
427:
416:. Retrieved
412:
403:
392:. Retrieved
388:the original
383:
374:
363:. Retrieved
361:. 2009-03-04
358:
349:
338:. Retrieved
334:
325:
314:. Retrieved
310:
287:. Retrieved
283:
258:. Retrieved
255:Investopedia
254:
244:
227:
223:
213:
170:
166:
156:
142:
131:
120:
101:
95:(TISE) with
90:
86:
82:
65:
37:
24:
23:
1821:des Augerez
1798:Saint Peter
1712:de l'Église
1702:de Faldouet
1608:du Rocquier
1570:de Noirmont
1489:de la Ville
1396:Channel 103
1356:Opera House
1351:Jersey Live
1175:Jersey Post
935:Saint Aubin
860:Independent
836:Le Rocquier
613:Archaeology
173:(1): 6246.
1902:des Augrès
1844:de Maufant
1755:Saint Ouen
1732:Saint Mary
1623:Saint John
1613:de Samarès
1585:de la Moye
1562:St Brelade
1532:des Marais
1469:Vingtaines
1331:Jersey cow
1316:Eisteddfod
1301:Demography
1041:Connétable
922:Reservoirs
816:Grainville
809:Government
748:Corn Riots
628:Resistance
623:Evacuation
547:2014-12-08
521:2012-09-15
461:2009-03-07
418:2020-12-11
394:2020-12-11
365:2012-10-12
340:2020-12-11
316:2021-06-05
289:2021-06-05
260:2021-01-06
148:References
44:microstate
1897:du Rondin
1636:de HĂ©rupe
1537:de la Rue
1524:Grouville
1481:St Helier
1311:Education
1254:Transport
1205:Committee
1113:Judiciary
1068:Viscounts
1016:Elections
930:St Helier
907:Geography
895:Geography
792:Education
709:Specifics
700:Perquages
685:Windmills
606:Overviews
236:2616-8006
187:2045-2322
138:tax haven
52:tax haven
1957:Category
1942:Category
1892:de Rozel
1806:du Douet
1697:de Rozel
1641:du Douet
1363:Religion
1217:Taxation
1128:Honorary
1097:Greffier
956:Politics
917:Parishes
826:Hautlieu
695:Maritime
680:COVID-19
543:. London
541:Guardian
480:BBC News
435:Archived
359:BBC News
205:28740120
97:Guernsey
1926:Outline
1879:Trinity
1745:du Nord
1631:du Nord
1575:du Coin
1422:Symbols
1373:Theatre
1275:Culture
1259:airport
1249:Tourism
1148:Economy
972:Bailiff
912:Geology
801:Schools
721:Dolmens
598:History
485:10 July
196:5524793
104:Bitcoin
62:History
29:economy
1740:du Sud
1473:parish
1430:Anthem
1192:Livre
1123:Police
1086:Courts
589:Jersey
384:gov.je
335:gov.je
234:
203:
193:
185:
33:Jersey
1383:Media
1368:Sport
1346:Music
1200:Roads
1185:coins
1118:Jurat
1090:Royal
940:Gorey
515:(PDF)
508:Z/Yen
504:(PDF)
1445:Flag
1237:Sure
977:list
487:2014
232:ISSN
201:PMID
183:ISSN
1471:by
1078:Law
191:PMC
175:doi
1959::
539:.
506:.
478:.
411:.
382:.
357:.
333:.
309:.
298:^
282:.
269:^
253:.
226:.
222:.
199:.
189:.
181:.
169:.
165:.
58:.
35:.
1436:)
1432:(
1092:)
1088:(
581:e
574:t
567:v
550:.
524:.
489:.
464:.
421:.
397:.
368:.
343:.
319:.
292:.
263:.
238:.
228:2
207:.
177::
171:7
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
