Jersey represented at international banking forum

Tuesday 01 July 2014

Jersey represented at international banking forum

Tuesday 01 July 2014

Jersey Financial Services is taking part in the International Festival of Business 2014 in Liverpool this week with two representatives speaking in the fifth International Banking and Finance Forum.

Joe Moynihan, Director of Financial Services at the States of Jersey, will deliver a keynote address and Richard Corrigan, Deputy CEO at Jersey Finance, will take part in a panel session.

The conference is part of a wider series of world class events taking place in Liverpool throughout June and July, attracting over 250,000 business delegates from around the world including government representatives, policy makers and leading finance industry figures from the UK and abroad. The forum aims to explore the role of financial services in supporting economic growth and encouraging greater focus on best practice in banking and finance. It will also examine and reinforce the role of the financial services sector as a key driver of global economic growth.

Mr Corrigan said: “The event serves as a fine platform for us to promote our banking proposition and to contribute to the debate about the positive role played by leading IFCs such as Jersey. We can point to the research completed by Capital Economics last year which for the first time provided the evidence of Jersey’s contribution to the UK economy and its role in facilitating inward investment into the UK, findings which have helped transform how Jersey’s finance industry is viewed in UK government circles.

Jersey Finance, which is a premium sponsor, will be exhibiting at the festival to highlight how the Island's finance industry - and its close relationship with the City of London - has been shown to support the UK economy, and to provide a picture of how International Finance Centres (IFCs) such as Jersey make a positive contribution in the free flow of funds across the world within a well regulated environment, highlighting evidence produced in the recently completed Moving Money academic research paper by two American professors.

Wednesday 27 November 2024

« Return to Business

Comments

Comments on this story express the views of the commentator only, not Bailiwick Publishing. We are unable to guarantee the accuracy of any of those comments.