Jersey, a leading jurisdiction for delivering wealth management services into Asia, has been crowned ‘Best International Finance Centre’ at the eighth WealthBriefingAsia Awards 2020.
Showcasing ‘best of breed’ providers in the global private banking, wealth management and trusted advisor communities, the awards, the results for which were announced this week (1 June) with a gala ceremony planned for November this year, are designed to recognise companies, teams and individuals which the prestigious panel of judges deemed to have ‘demonstrated innovation and excellence during 2019’.
Commenting on Jersey’s winning entry, the panel of judges said: “Our judges were very impressed by their winner’s submission in this category which underlined and reinforced Jersey’s commitment to robust regulation and transparency and a progressive legislative framework to support global philanthropy, private wealth and investment activity.”
Commenting on the jurisdiction’s triumph, Joe Moynihan, Chief Executive of Jersey Finance said: “We are incredibly proud that Jersey has been recognised as the leading IFC for another consecutive year. It’s testament to the hard work the industry puts in throughout the year and our positive history in Asia, successfully promoting Jersey’s credibility as a leading IFC in Greater China since 2005. Asia has always been incredibly important to Jersey as an IFC and we have continued to nurture and invest in this ongoing and strengthening relationship. I’m very proud that Jersey has won this award yet again, and I look forward to seeing our links with Asia flourish well into the future.”
ClearView Financial Media’s CEO, and Publisher of WealthBriefing, Stephen Harris, was first to extend his congratulations to all the winners said: “The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations. These awards were judged solely on the basis of entrants’ submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics. That is a unique and, I believe, compelling feature. These awards recognise the very best operators in the private client industry, with ‘independence’, ‘integrity’ and ‘genuine insight’ the watchwords of the judging process – such that the awards truly reflect excellence in wealth management.”