Jersey's credentials as a centre for private wealth management have been underlined once again, being named 'International Financial Centre (IFC) of the Year' in the annual Citywealth IFC Awards.
It is the fourth consecutive year Jersey has been awarded the accolade, this year being selected by the panel of judges above other shortlisted jurisdictions Guernsey, Isle of Man, Bermuda, Malta and Singapore.
Richard Corrigan, Deputy CEO, Jersey Finance, accepted the award at a gala ceremony, which was held on Wednesday 20 January at the Grange City Hotel in London.
Organised by leading events and publishing group Citywealth, the Awards were established five years ago to highlight the expertise and service excellence of advisers and managers in the private wealth sector in major IFCs. They are judged by an international panel of highly respected practitioners from all sectors, with winners being selected based on their excellence, achievement, innovation, expertise and service.
Geoff Cook, CEO of Jersey Finance said: 'To have been recognised through these Awards for four consecutive years is no small achievement and reflects Jersey's consistent ability to adapt and evolve through a rapidly shifting private wealth landscape. We are delighted to receive this recognition and would like to thank the judges and our business partners for their help in positioning Jersey as the gold standard in IFCs."