Jersey has been crowned ‘Best International Finance Centre’ at the 7th Annual WealthBriefing MENA Awards.
These awards were designed to recognise companies, teams and individuals that the prestigious panel of judges deemed to have ‘demonstrated innovation and excellence during 2019’.
Faizal Bhana, Director Middle East, Africa and India, Jersey Finance, accepted the award at a gala ceremony, which was held on Monday 9 November at the Sofitel Dubai Downtown.
Commenting on Jersey’s winning entry, the panel of judges said: “Jersey Finance is focussed on differentiating through a comprehensive outreach programme which saw its first full year as the first IFC to establish a presence in the Dubai International Finance Centre. Our judges were very impressed by their winner’s detailed submission which listed areas of excellence and how it’s leading the way in terms of international compliance and regulatory cooperation.”
Joe Moynihan, Chief Executive Officer of Jersey Finance, commented: “Jersey has a strong and solid relationship with the Gulf Region and we are incredibly proud that Jersey has been recognised as their leading IFC. It’s testament to the hard work our industry has put in throughout the year and thanks to Jersey’s long-standing ability to offer a stable, well-regulated, high-quality commercial environment. Next year marks our industry’s 60th anniversary and we look to maintaining our momentum to continue to provide tailored and innovative solutions for global investors.”
ClearView Financial Media’s CEO, and Publisher of WealthBriefing, Stephen Harris, was first to extend his congratulations to all the winners. He 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.”
Already this year, Jersey has received award recognition in the Citywealth IFC and WealthBriefing Asia and European Awards.
More information on Jersey’s activity in the Gulf Region can be found here.