The home-grown company, which provides services to more complex and innovative structures including venture capital, private equity and real estate funds, says it has been experiencing ‘exciting growth’ on the back of the recent changes to legislation which makes both Channel Islands attractive for fund promoters.
Over the past two years Jersey’s financial services regulator has simplified existing legislation for expert funds considerably and Guernsey has recently adjusted its own regulation.
In addition, UK tax rules have nudged business offshore, in particular property funds.
