The Island beat competition from Bermuda and the British Virgin Islands for the title, which was awarded to Jersey Finance at a ceremony in London last week.
Jersey Finance was not the only Island representative to fare well in the awards – Ogier was announced as the legal team of the year, while the lifetime achievement award went to Jersey’s former Bailiff, Sir Philip Bailhache.
STEP – the Society of Trust and Estate Practitioners – is the professional body for lawyers, accountants, bankers and financial advisors worldwide and its annual awards highlight excellence in these industries.
The awards, presented by author, ex-politician and media personality Gyles Brandreth, were judged by a panel of 14 experts and more than 100 industry professionals worldwide.