Independent assessment has proved to be a helpful ally in promoting Jersey as an offshore jurisdiction. Phil Austin looks at the benefits of increased scrutiny
Professionals and other financial advisers placing investments offshore on behalf of their clients are benefiting from the increased scrutiny that the jurisdictions have faced in recent years. It is clear that international finance centres are entering a new era, spurred on by the increased scrutiny from multinational organisations and governments, in which regulatory and legislative developments have become important differentiators. As competition intensifies, it is my belief that these factors will be highlighted by jurisdictions whenever possible to demonstrate their commitment to qua...
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