Action has been taken to make it easier for businesses to operate in Jersey, and to promote themselves internationally, as part of the Time To Win plan.
Changes that came into force at the end of September have reduced paperwork and administrative requirements for Jersey companies that want to raise money or market themselves outside the Island.
The changes to the prospectus requirements under the Companies (General Provisions) (Jersey) Amendment Order 2026 and Companies Law (Jersey) Amendment Order 2026 mean that firms issuing investment documents overseas no longer need to go through the approval processes that were previously required, saving time, reducing duplication, and making it easier for them to operate internationally.
In addition, legislative amendments proposed by the Government of Jersey will remove parts of Jersey’s Control of Borrowing framework (COBO), which was introduced almost 80 years ago. If approved by the States Assembly, these changes will make it easier for businesses and investors to establish and operate companies and investment structures in Jersey, while ensuring that appropriate regulation and oversight remains in place. The amendments would also provide a clearer legal basis for existing arrangements covering Jersey Private Funds and certain digital asset businesses, without changing how those regimes currently operate.
These deliver on actions set out in the Government’s Time to Win report, launched in March 2026 as the plan for strengthening Jersey’s long-term competitiveness as an international finance centre. They are intended to make Jersey a simpler and more consistent jurisdiction to use while maintaining appropriate regulatory oversight.
The Minister for External Relations with responsibility for financial services, Senator Ian Gorst, said: “The Control of Borrowing framework was created for a different time and a different economy. These proposals would replace its remaining requirements with a simpler, more modern framework, removing duplication while maintaining appropriate oversight where it is needed.
“Alongside the prospectus changes already approved, this is part of our work to make it easier for businesses to operate in Jersey and internationally and to strengthen Jersey’s position as a leading international finance centre.”
Joe Moynihan (pictured), CEO of Jersey Finance, added: “Jersey has a long track record of evolving its financial services proposition to meet the changing needs of international businesses, investors and advisers, while maintaining the high standards for which the Island is known.
“These reforms are another important step forward. Removing outdated and duplicative requirements will help create a simpler and more consistent experience for those doing business in Jersey, while ensuring appropriate oversight remains in place.
“The proposals would also provide a modern and flexible foundation for key areas of our proposition, including Jersey Private Funds and digital assets. This will help Jersey remain responsive to the needs of international markets and provide an efficient environment in which to do business.”
