Jersey returns to India to promote finance industry

Mumbai, Nov 13 : A Jersey Finance delegation, is heading to India
later this month to build on the contacts established during previous
 visits and to promote the benefits of doing business with Jersey.

Jersey Finance is organising the visit and will host a range of formal
 meetings in both Mumbai and New Delhi, seeking to develop
growing governmental, regulatory and commercial ties with India.
Senator Philip Ozouf, Treasury Minister, and John Harris, Director
 General of the JFSC, will be among the delegation as well as many
leading Jersey practitioners.

During the five day visit, Jersey Finance will highlight the many
benefits Jersey has to offer and, in particular, attention will be
drawn to the recent series of international endorsements that
 Jersey has received from bodies such as the OECD and IMF
regarding its high standards of regulation and assessment as
a leading cooperative and transparent international finance centre.

A number of leading finance professionals from Jersey will present
a series of subjects including: how the new Foundations Law
is attractive to high net worth families and non-resident Indians;
how the use of Jersey investment vehicles can assist both with inward
 investment and with Indian businesses seeking to expand internationally;
and how Jersey’s expertise, regulatory and legal framework can support
 international investors seeking to buy overseas property,
particularly in London.

Geoff Cook, Chief Executive, Jersey Finance commented:
 “I am delighted that we have representatives from Jersey’s
 Government and the financial services regulator, alongside
 many finance professionals from Jersey keen to develop their
business links with colleagues in India. The formal presentations
provide us with an opportunity to meet and network with a diverse
 range of industry leaders and senior practitioners.

We intend to advise on the recent independent endorsement
Jersey has obtained regarding the high standards of our
regulatory regime and offer a technical summary of the
 jurisdiction’s breadth of expertise and how this is relevant
to the Indian market.”

In addition to the presentations and receptions, there will be
meetings between Government officials, regulators and
important trade organisations. Members of the delegation
will also explore trading opportunities and regulatory co-operation
and alignment with the Indian Government and regulatory officials.

There will be an opportunity to progress business opportunities
 in one-to-one meetings between Jersey representatives and
Indian business leaders and private clients.