Banks outside the world’s top 500 may be allowed in

Banks outside the world’s top 500 may be allowed in

Meanwhile, when finance firms want to bring skilled staff from overseas they are likely to get approval but the report says that any consent given will ‘remain consistent with declared population policy’.

Today the Council of Ministers published the policy framework that will shape the direction of the Island’s biggest industry.

The report was presented to States Members and industry representatives yesterday afternoon at a briefing session.

The States director of financial services, Joe Moynihan, said that the report was ‘a clear summary of government policy and a statement of intent’.

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