A Time for Being Level-Headed
1 September 2016
As an international finance centre, Jersey is used to adapting to macro trends, regulatory shifts, and developments in overseas markets, particularly with firms in the island continuing to pursue diversification strategies and looking to extend their geographical reach.
The result of the UK's referendum on EU membership in June this year, however, has posed firms and the authorities in Jersey with some particularly challenging questions. Why the result was, it seems, such a shock to businesses both here and in the UK and how the 'expert analysts' and polls managed to predict the outcome with such inaccuracy is a discussion for another day. For Jersey, the key now is to focus on where the future challenges lie and where the opportunities may be.
To read the full article first published in the Jersey Evening Post Finance Review please click on the icon below.