Referring to his meeting with UK Prime Minister David Cameron on Saturday and the extensive national and international press coverage featuring Jersey following that event – much of it positive – Senator Ian Gorst told the States that the balance had shifted in the Island’s favour in the last few days.

‘Taken together, the events of the last few days mark an important turning point for the Island,’ he said.

‘There is now, perhaps for the first time, recognition for what Jersey has already achieved in financial regulation and this has put beyond doubt the Island’s commitment to combatting tax evasion.

On the basis that the international community moves ahead together on any new global standard for tax information exchange, our financial services sector can look forward to a positive and confident future.’

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