Jersey Finance has confirmed that it is working with industry on measures to support both the local community and its international network of member firms and stakeholders as the outbreak of COVID-19 continues to disrupt financial markets worldwide.
Commenting on the situation, Joe Moynihan, CEO, Jersey Finance, said:
“These are clearly exceptional circumstances which are having a severe impact on global markets and are providing significant challenges for local people and businesses too. We recognise our responsibility as an organisation as and as an industry, and to that end are working with industry on measures aimed at both supporting the local community in these challenging times and at enabling vital global financial flows to continue to be put to work where they are needed most.
“Our business development teams around the world, in Asia, the GCC, Europe and North America, remain available to speak to all those needing support and our clear underlying message is that Jersey remains a well-capitalised, resilient, stable financial centre, ready to support individuals and businesses both locally and around the world through this difficult period.”