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Government sets out progress of financial services competitiveness programme

03 July 2025

A major Government-led programme to strengthen and grow Jersey’s financial services industry is to be showcased at a public event later this month. 

The conference – at the Radisson Blu Hotel on 23 July – will provide the first significant update on the project, launched earlier this year in collaboration with Jersey Finance Ltd, the Jersey Financial Servies Commission (JFSC) and industry partners. 

The Competitiveness Programme aims to support and find new areas of growth for Jersey’s financial and related professional services (FRPS) sector – the Island's largest employer and the most significant contributor to tax revenues that fund public services. 

In a keynote speech, Deputy Ian Gorst, Minister for External Relations with responsibility for Financial Services, will outline the need for action amid an ever-changing and increasingly uncertain global landscape, and set out the work undertaken in the programme so far. 

The Minister will also discuss the future plans for the programme, which will culminate in a report setting a clear strategy to safeguard and grow the industry over the next ten years and beyond. 

Further presentations and panel discussions will focus on: 

  • Updates on the programme’s workstreams on tax, ‘quick win’ changes, and longer-term improvements to Jersey’s business and regulatory environment
  • Global trends affecting international finance centres 
  • Insights from the JFSC strategy and registry review 
  • Opportunities to collaborate on upcoming work. 

Deputy Gorst said: “The importance of our financial-services industry cannot be underestimated – it is by far our largest employer and the tax revenues it generates play a fundamental part in supporting Island life as we know it. It is essential we do all we can to safeguard this industry and find new areas to grow the sector in an increasingly competitive global market. I look forward to welcoming stakeholders and updating them on the good work undertaken so far – and setting out what we aim to achieve over the coming year.” 

The event takes place on Wednesday 23 July 2025, 9am-11am and can be watched live online. Register online via Eventbrite.

More information about the Competitiveness Programme can be found at: Financial Services Competitiveness Programme​.​

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