Jersey is recognised internationally as one of the most progressive and reputable international finance centres and the Jersey Financial Services Commission who regulate Capco's activities, enjoys a reputation for the high standards it sets.

A number of requirements must be met to satisfy the Regulator including:-

      • the approval of all senior staff by the Commission and for those who are client facing, the need to satisfy certain initial and ongoing criteria relating to competence.

      • Professional Indemnity Insurance which Capco carries at many times the stipulated requirement, to give clients and their advisers peace of mind and security.

      • the operation of internal controls and procedures to demonstrate proper management systems.

      • the monitoring of capital adequacy requirements.

      • the ongoing adherence to the Commission’s Codes of Practice relating to trust company business.

More info can be found at the Jersey Financial Services Commission website, click here to go there.