Raising the bar

Jersey has been home to a funds industry for more than 30 years and by the end of December 2002, the sector was valued at £105bn. Jersey has built its success on its infrastructure, containing a highly-skilled network of bankers, accountants, lawyers and administrators. They have many years' experience and the specialist skills necessary to create the innovative structures that appeal to City of London-based financial institutions and their advisers. Jersey's financial services industry is concentrated in a small area and the inter-relationship between the administrators, accountants a...