But it is still possible that the United States administration in Washington could alter the focus of the investigation, according to Jersey’s chief regulator.
John Harris says that although the news is likely to be good for the Island, it is premature to make assumptions or get ‘overexcited’ about the outcome of the review.
Nevertheless, the director general of the Jersey Financial Services Commission told a packed audience at the Institute of Directors on Wednesday that the G20’s white-listing of the Island earlier this month was ‘nothing less than a triumph’ for the Island’s policymakers, who had acted to sign international agreements ahead of competitor jurisdictions.
