Jersey updates laws to woo investors

tax & jurisdiction

Professional Adviser
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Trust laws are expected to be overhauled within the next 18 months as part of an ongoing drive to ma...

Trust laws are expected to be overhauled within the next 18 months as part of an ongoing drive to make Jersey more attractive to investors. International Investment has been told that high-level discussions between senior officials are due to take place over the summer months. And the aim is to shake-up outdated policies to make sure institutions don't lose patience and take their money elsewhere. One source described it as a "spring cleaning" of the laws. "We have meetings lined up over the summer months," he said. "It's hoped that changes could come into effect some time next year." ...

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