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Jersey Funds

Daniel O'Connor senior associate with Carey Olsen's funds team in Jersey outlines the Jersey funds regime and explains unregulated funds
This article give a brief outline of the Jersey funds regime with a particular focus on the new unregulated funds regime.
Jersey has a simple clear and attractive tax regime. When a local consumption tax (GST) was recently introduced it was combined with a specifically designed exemption which ensures that Jersey funds and their service-providers (including fund managers administrators custodians etc) can easily elect to stay entirely outside the effects of the new GST.
The existence of a mature and experienced funds administration industry and an internationally recognised regulatory regime which combines speed certainty and flexibility with an appropriate level of regulatory...

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