Deloittes Announces Hotline, Fiduciary Survey
Deloitte & Touche have set-up a hotline service to
help the Jersey finance industry cope with the increasingly complex
nature of regulatory and financial reporting standards they must
meet. The hotline will provide free advice to the banking, fiduciary
business, insurance and retirement benefit scheme sectors, including
taxation issues. As well as providing interpretation of local
reporting requirements, the hotline will offer advice on best
practice standards. Deloitte & Touche have also
announced a survey of local companies as part of a recently
initiated review of fiduciary business in the Channel Islands.
Partner Peter Beamish said that against a background of the increasing
pace and complexity of regulatory compliance "there is relatively
little publicly available information on the size and profile
of fiduciary business". .
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