Small jurisdictions often suffer from deficiencies in appropriate laws, qualified professionals, supportive courts and policymaking infrastructure. The volume of economic activity is also a factor dictating the development of laws and legal infrastructure.
Jersey, though a small jurisdiction in size, punches above its weight when these factors are considered. It is an off-shore financial jurisdiction acting as a conduit for large-scale investment. It has well-qualified legal and accounting professionals and a very supportive judiciary, responsive to global developments, while respecting the mixed legal heritage of the island. The policy-makers are also active and keep an eye out on international measures of interest, particularly those that can support Jersey’s ambition as a leading jurisdiction concerning financial services.