Bringing you live news and features since 2006 

Geoff Cook, Jersey Finance

Jersey Finance welcomes island’s removal from French list of non-cooperative jurisdictions


Jersey Finance has welcomed confirmation from the French Ministry of Finance that the island has been removed from France’s list of non-cooperative jurisdictions.

Authorities from Jersey have been meeting with senior officials from France’s Ministry of Finance in recent months and confirmation was received on 20 December by Jersey’s government that, due to Jersey’s significant efforts to ensure tax information requests are responded to swiftly and effectively, it has been removed with immediate effect from the list compiled by the French government.
As a result, there will not be a withholding tax applied to business between Jersey and France.
Jersey Finance chief executive Geoff Cook (pictured) says: “The confirmation of Jersey’s removal from France’s list of non-cooperative jurisdictions and the consequence that business between Jersey and France will not be subject to a withholding tax, is very welcome news indeed from a finance industry point of view.
“Jersey’s government has been working hard in conjunction with French authorities in recent months to ensure that Jersey can be removed from this list. With amendments having been made to Jersey’s regulations relating to information exchange, it is now clear that the French authorities are happy with the speed and efficacy of how Jersey responds to information requests, under Jersey and France’s existing Tax Information Exchange Agreement (TIEA). This, combined with Jersey’s excellent track record of exchanging information, should further reassure foreign tax authorities and underlines Jersey’s commitment to meeting international obligations.”

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Jigna Gibb, Bloomberg
Bloomberg Indices has recently hired Jigna Gibb as Head of Commodities and Crypto Index Products, to lead its commodities and...
Robert Minter, director of ETF investment strategy at abrdn takes a look at passive investing in commodities and shares his...
Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
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