Jersey has a “mature and sophisticated regime for tackling money laundering and the financing of terrorism” according to the report published on 24 May 2016 by the Council of Europe’s Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL). Setting out the Island’s position against a number, but…
UK Chancellor George Osborne has praised Jersey’s leading role in developing global transparency in financial services on the day of a major London summit for world leaders on tackling corruption. Osborne says the Island has played an influential role in improving international standards, and says that Jersey can play a part in the development of…
Do you want to be your own boss? If the answer’s yes, you’re not alone – the number of people choosing the freelancing life is soaring. Twenty per cent of us will be freelancers by 2020, according to the Office for National Statistics, with the current 16 per cent being the highest since records began.…
A senior Jersey official has told the European Parliament that the Island is “good neighbour” to Europe, and committed to the fight against tax evasion and aggressive tax avoidance. Colin Powell is the Chief Minister’s advisor on international affairs, and he was speaking this week at a meeting of the European Parliament’s Taxe 2 Special…
Proposed changes to German contractor laws have been described as ‘damaging’ by the Association of Professional Staffing Companies (APSCo). In addition, companies including SThree and Hays have formed a pressure group to lobby German Parliament on the issue. Currently, it is a legal requirement for any company ‘leasing’ contractors to a German organisation to have…
The agreement was signed with the Swiss Ambassador to the UK, Dominik Furgler, in London on Friday. Identical declarations have been signed with Switzerland by Guernsey and the Isle of Man. A statement from the Chief Minister’s department said that the declaration reflected the commitment by the Swiss and the governments of the Crown Dependencies…
Guernsey and Jersey are no longer on any Italian tax ‘black lists’ and will be included on Italy’s ‘white lists’ early in 2016. The Guernsey and Jersey authorities had made representations to the Italian authorities on a number of occasions, expressing the view that, given the level of cooperation extended on tax information exchange both…
Unemployment rate drops to 6.3%, lowest since reunification Joblessness fell to seasonally-adjusted 2.77 million in Nov. Germany’s unemployment rate unexpectedly dropped to a record low in a sign that robust domestic demand is bolstering confidence in the growth prospects for Europe’s largest economy. The jobless rate fell to 6.3 percent in November, the lowest level…
Tax Justice Network is a campaign group which has been a long-standing critic of Jersey’s offshore financial services sector has ranked the Island below the UK on a list of the most secretive jurisdictions. The Tax Justice Network has ranked the UK 15th on its Financial Secrecy Index, with Jersey just one position better in…
TV presenter Craig Phillips (43) has been in the Island this week as the latest celebrity to take on the title of Mr Battle. But when the Liverpudlian is not riding down the Avenue on a floral float, he loves nothing more than chatting about cars. The origins of the Battle lie in 1902, during…
