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JFSC rejects claims made in JEP investigative series

THE Jersey Financial Services Commission has refused to acknowledge the findings of a damning JEP investigation that exposed the regulator’s heavy-handed enforcement tactics, lack of accountability and transparency, and toxic relationship with the Island’s finance industry. Nearly two weeks since the JEP published serious allegations after a months-long investigation, JFSC chair Jane Platt – who […]

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Gorst: tax haven rankings are flawed and ‘lack credibility’

A STUDY which found that Jersey was the eighth “most significant corporate tax haven” in the world “lacks credibility”, according to the Assistant Treasury Minister. Deputy Ian Gorst – who also has political responsibility for financial services – said the methodology used by the Tax Justice Network was “flawed”. The campaign group, which “believes our […]

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Multinational tax hike ‘could net Jersey £52m a year’

A PROPOSED tax hike affecting more than 1,000 multinational companies based in Jersey could raise an extra £52 million a year, according to the government. The new Organisation for Economic Co-operation and Development framework – known as Pillar Two – would apply to Jersey-headquartered firms that earn more than £750 million in global annual profits, […]

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Deputy Lyndon Farnham says he wrote his submission to be Chief Minister… after documents list former leader John Le Fondré as author

DEPUTY Lyndon Farnham has stressed that he wrote his formal submission to be Jersey’s political leader – after documents appeared to show it had been authored by former Chief Minister John Le Fondré. Each candidate in the running to replace Deputy Kristina Moore had to register and submit their “vision statement” for the Island by […]

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