Why Jersey?
As an offshore investor you need to choose the location of your bank wisely.
Jersey is one of the most developed and mature offshore banking centres in the world, and Standard Chartered is one of Jersey's most well established institutions.
The financial industry is Jersey's main source of income, and both the Island authorities, and we at Standard Chartered, are committed to ensuring that you're guaranteed the very highest standards of service.
The Island's well-earned reputation for financial security rests on three key factors:
- A well-managed economy
- Fiscal stability
- An excellent relationship between the authorities and the finance industry
Jersey's finance industry is overseen by the Jersey Financial Services Commission, a statutory body, responsible to the States of Jersey, for the supervision of financial services including depositor, investor and policyholder protection. Customary laws in Jersey also guarantee confidentiality to anyone involved in legitimate business. These laws also govern the relationships between banks and their customers, also professionals and their clients.
Very few offshore centres can compete with the Island's record for depositor, investor and policyholder protection. Institutions currently hold more than £95 billion in assets with £129 billion on deposit and £32 billion under management. It has no exchange controls, and is governed by its own legislative assembly. At Standard Chartered we also offer investors confidentiality, up-to-date technology and excellent communications
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