Bringing you live news and features since 2006 

Geoff Cook, Jersey Finance

Jersey Finance welcomes island’s S&P AA+ rating

RELATED TOPICS​

Jersey Finance has welcomed the awarding of a AA+ Long Term Issuer Default Rating – one of the top international credit ratings – to The States of Jersey by Standard and Poor’s (S&P).

In addition, S&P has also given Jersey a stable outlook and a short term rating of A-1+, again the highest level possible.
 
Geoff Cook (pictured), chief executive, Jersey Finance, says: “Jersey being awarded the highest international credit rating possible is clearly very welcome news indeed, and provides us with a further globally recognised metric that can support Jersey’s reputation as a stable, robust jurisdiction on the international stage. Particularly in enhancing relationships with Jersey’s key markets overseas, including Russia, the Middle East, the Far East and Africa, where jurisdictional stability is such an important issue, this rating can provide investors and business contacts with a great deal of certainty and confidence in Jersey’s future as a leading International Finance Centre.
 
“As well as highlighting Jersey’s strong policy settings and the fact that Jersey has no public debt, the S&P report also reflects the maturity of Jersey’s financial services infrastructure, the high quality service and regulatory standards organisations adhere to, the strong liquidity of Jersey’s banking system and the safeguards that are in place to protect investors, such as the banking depositors’ compensation scheme.”

Latest News

REX Shares has announced a strategic reorganisation that integrates its REX Shares, MicroSectors, and T-REX products, as well as REX..
Allspring Global Investments writes that as it builds an investment platform for the future, it has filed for exemptive relief..
LSEG Lipper writes that ETF promoters in Europe enjoyed estimated net inflows (+EUR25.1 billion) for May 2024...
The European Fund and Asset Management Association (EFAMA) has published its 2024 industry Fact Book, which includes a foreword by..

Related Articles

Marcus Wayerer, Franklin Templeton
Franklin Templeton says that emerging markets are navigating a tricky environment at the moment, due to factors such as the...
Matt Barry, Touchstone Investments
Back in 2022, Cincinnati, Ohio-based Touchstone Investments launched its first four ETFs, having previously been predominantly a mutual fund company....
CN Tower, Toronto
The winners were announced in the second ETF Express Canadian awards at the event held at The Quay in Toronto,...
Darren Jordan, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by