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Jersey To Showcase Island In UAE

Tuesday, March 9, 2010

As part of Jersey’s aim to promote the island to new markets, Jersey Finance will visit Abu Dhabi and Dubai next week to promote the benefits of using Jersey for structuring transactions and for the management of private wealth.

Jersey lawyers Raulin Amy from Ogier and Trevor Norman from Volaw will join Jersey Finance Chief Executive, Geoff Cook, in addressing legal and finance professionals from the United Arab Emirates at the Dubai International Financial Centre on March 15 and at the Beach Rotana Hotel, Abu Dhabi, on March 17.

According to a statement from Jersey Finance, the delegation’s visit will be a prime opportunity to discuss Jersey’s structures, including the recently established foundation vehicle, and how it can meet the needs of Middle Eastern clients in family succession planning and in meeting philanthropic objectives. The visit is expected to bolster Jersey’s standing with Middle Eastern clients, providing extra business opportunities to the island in the region.

Geoff Cook, Chief Executive of Jersey Finance, commented:

"Jersey is a regular visitor to the Gulf region and we are delighted to be returning once again with news and updates on our structures, services and regulatory status. In addition to renewing contact with our many clients and other professional colleagues in the region, we wish to highlight the increasing technical expertise that we have available in Jersey, and to explain how Jersey’s investment vehicles are increasingly suited to the requirements of corporate investors, professional advisers and their Gulf-based private clients."