Jersey Finance To Highlight Leading Role In Private Client And Trust Work

by Carla Johnson, Investors Offshore.com, London

30 May 2008

Jersey Finance has announced that it is stepping up its programme of activity this summer to highlight its leading role in private client and trust work.

On 12th June, Jersey Finance chief executive, Geoff Cook, will be on a panel during a discussion forum in London on the challenges facing the private client industry.

The event, hosted and organised by prominent legal magazine, Legal Week, will be attended by senior private client partners from UK law firms and some from Europe and the US.

Jersey Finance is a participating sponsor at the event and a number of Jersey delegates will also be attending.

Leading UK lawyers from Withers, Allen & Overy and Baker & Mackenzie, are scheduled to speak at the event.

Mr Cook will join a panel afterwards, during the question and answer session with delegates.

Later the same month, on 23rd and 24th June, Finance Industry representatives including Jersey Finance Technical Director, Rob Kirkby, will attend the Transcontinental Trusts conference in Geneva.

The Industry will have an exhibition stand at the event, which attracts delegates keen to hear from leading authorities in the global trust industry.

In September, Jersey Finance will be staging an event of its own in London devoted to its private client and trust industry, highlighting the developments that have taken place, and discussing some of the issues relevant to London private client lawyers and finance professionals.

Mr Cook argued that:

"We have a leading position in private wealth but competition is increasing. We are evolving and improving our legislative environment with a number of new law changes and other measures coming on track during 2008 and we need to ensure Jersey’s offering is heard and understood."

He concluded: "We are aware that confidentiality of client affairs is an issue for all finance centres and we will be explaining that whilst Jersey is playing a positive role in the global drive to improve information exchange, it continues to adhere to strict rules of confidentiality and privacy in respect of client’s financial affairs."

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