Jersey will not be 'back door' for Woodford relaunch - reports

Regulator issues firm warning

James Baxter-Derrington
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Neil Woodford previously hinted that a new firm would be based in Jersey
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Neil Woodford previously hinted that a new firm would be based in Jersey

Jersey Financial Services Commission (JFSC) has stated the island will not be a "back door" to access the UK market, the Financial Times has reported.

Martin Moloney, director general of the JFSC, warned in an interview with the FT that any attempt to exploit Jersey's relationship with the UK through "regulatory arbitrage" would not be successful...

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