Geoff Cook, Chief Executive, Jersey Finance Limited comments on the banking crisis in Cyprus and why a 'Cyprus' could not happen in Jersey.
Geoff Cook, Chief Executive, Jersey Finance Limited comments on the banking crisis in Cyprus and why a 'Cyprus' could not happen in Jersey.
Shortlist for IoD Annual Awards announced
Miguel Arraya, Non-executive Director, Direct Capital Solutions Limited has been shorted listed in the Small Business Director category of the 2013 Jersey Director of the Year awards.
Over 50 nominations were received for the awards scheme run by the Jersey branch of the IoD. The winners will be announced on Friday 3 May 2013.
Full details of the awards covered in the Jersey Evening Post on Thursday 28 March 2013 can be found below.
Response to reports of 'FATCA type' discussions between the UK and Crown Dependencies
Responding to recent media reports, Geoff Cook, Chief Executive of Jersey Finance, said: "It is well known that the principles behind the US FATCA arrangements are being looked at by the OECD, EU and UK.
As part of that, we understand that the UK has approached the Crown Dependencies, including Jersey, to discuss the possibility of applying the principles more widely to an exchange of information with the UK.
US FATCA - Foreign Account Tax Compliance Act
The Governments of Guernsey, Jersey and the Isle of Man have announced their intention to negotiate partnership agreements with the United States of America to implement FATCA.