Jersey : Financial Sector Assessment Program Update: Financial System Stability Assessment

1JEYEA2009003 Image
Price:  $18.00

Release Date: © September, 2009
ISBN : 978-1-45182-025-6
Stock #: 1JEYEA2009003
Stock Status: On back-order

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This paper examines the Financial System Stability Assessment on Jersey. Most banks in Jersey are branches or subsidiaries of large international groups, to which they provide financing. This close relationship reduces risk in normal times, given the groups’ ability to support their Jersey operations. The Jersey Financial Services Commission has significantly reformed the regulatory framework of funds, mainly to make Jersey funds more attractive to institutional investors. A key challenge in insurance supervision is to maintain effective and proportionate regulation of a small sector with limited insurance risk.


Anti-money laundering , Economic development , Financial institutions and markets , Financial system stability assessment , Insurance , International financial system , Investment

More publications in this series: IMF Staff Country Reports