Latest news with #JerseyFinance
Zawya
03-07-2025
- Business
- Zawya
Jersey Finance and SBJBC host 'Beyond Borders' roundtable in London
Riyadh, Saudi Arabia – Jersey Finance, in partnership with the Saudi British Joint Business Council (SBJBC), hosted a high-level roundtable in London titled 'Beyond Borders: Empowering Saudi Family Wealth in a Globalised World.' The event brought together senior representatives from family offices, financial institutions, legal and regulatory experts, and Saudi business leaders to examine the evolving needs and opportunities for Saudi family wealth as it expands internationally. Held at the Argyll Club's Guildhall Room, the roundtable welcomed a curated group of professionals and government stakeholders in an interactive discussion format, focused on the drivers, challenges, and solutions for cross-border wealth structuring, with Jersey positioned as a trusted and forward-thinking international finance centre. Faizal Bhana, Director – Middle East, Africa and India, Jersey Finance, moderated the discussion. He said: 'Saudi family enterprises are becoming increasingly global in ambition. As Vision 2030 fuels economic diversification and international outreach, Jersey stands ready to support Saudi family offices with robust, transparent, and flexible wealth structures. This roundtable reflects our commitment to long-term partnership, knowledge exchange, and enabling sustainable cross-border investment platforms.' Some of the speakers from the event included Christopher Fisher, Director at Standard Chartered, who shared insights on regulatory considerations, tax planning, and the growing interest of Saudi family offices in setting up international representation hubs, including Jersey. Dr. Najat Benchiba-Savenius, CEO of Gazelle Advisory Group, provided an insider's perspective on the evolving structure of Saudi family offices, the importance of governance, and the growing need for adaptability in cross-border financial planning. Others like MaameYaa Kwafo-Akoto, Partner at A&O Shearman, addressed asset class diversification, co-investment trends, legal complexities, and best practices in structuring global investment mandates. Nancy Chien, Head of International Private Client at Bedell Cristin in Jersey, highlighted Jersey's legal framework, its role in enabling philanthropic and ESG-aligned wealth strategies, and its deep understanding of the specific needs of GCC family offices, and Heather Tibbo, CEO of Crestbridge Family Office Services, reflected on the evolving role of professional service providers, the value of cultural understanding, and how outsourced COO models are increasingly supporting Saudi families in global operations. Joe Moynihan, Chief Executive Officer of Jersey Finance, delivered the closing remarks: 'At Jersey Finance, we are proud of our long-standing and growing presence in the Gulf. Events like this are not just about sharing expertise — they are about building the bridges necessary for sustainable, cross-border growth, rooted in trust and shared opportunity.' The roundtable discussed various topics, including the reasons why Saudi family offices pursue international structures, the changing governance and generational factors influencing family wealth, the role of Jersey structures in balancing transparency, discretion, and regulatory requirements, as well as current investment trends, such as co-investments, alternative assets, and ESG integration. This event builds on the momentum from last year's joint roundtable, 'Setting Up in Saudi Arabia – Practical Insights for Financial Service Firms,' which explored regulatory frameworks, licensing support, and the Kingdom's emergence as a financial hub aligned with Vision 2030. That session helped lay the groundwork for this year's more in-depth exploration of cross-border private wealth. Jersey Finance has been a leading international finance centre for more than 60 years. Today, more than 30 Jersey-based financial firms operate in the Gulf region, with four having recently established operations in Saudi Arabia. The island's forward-thinking, ESG-aligned approach continues to serve ultra-high-net-worth families, family offices, institutional investors, and corporates across global markets. About Jersey: Jersey has been a leading international finance centre for more than 60 years. It has a forward-thinking and ESG-driven approach and is at the forefront of banking, corporate services, fintech, funds, investment management, private wealth, and the specialist areas of Islamic finance and philanthropy. Financial firms in Jersey provide services to clients around the world, plus over 30 Jersey based financial firms also operate in the Gulf region and four have recently set-up in the Kingdom of Saudi Arabia. Media contacts: Yasa Ahmad Edelman Smithfield Email:
Zawya
01-05-2025
- Business
- Zawya
Jersey Finance hosts exclusive Dubai roundtable on global fund industry trends
Dubai, UAE — Jersey Finance, a leading international financial Centre, recently hosted an exclusive, invitation-only roundtable lunch in Dubai, bringing together industry experts to discuss the latest trends impacting the global fund industry. The event was led by An Kelles, Director for the GCC, and Elliot Refson, Head of Funds at Jersey Finance. The roundtable facilitated in-depth discussions on several key topics, including a growing interest among high-net-worth investors and family offices in new asset classes, highlighting a growing trend for diversification. Participants also explored emerging trends in investment structuring, focusing on innovative approaches to meet evolving market demands. Strategies for private asset managers to expand their investor base were examined, emphasising the importance of outreach and engagement. Additionally, the role of the tokenisation of real-world assets was discussed as a significant factor in driving allocations to private markets, showcasing its potential to enhance liquidity and accessibility. An Kelles, Director – GCC at Jersey Finance, remarked: 'Our discussions underscored the dynamic nature of the investment landscape in the GCC region. Investors are increasingly exploring diverse asset classes, and jurisdictions like Jersey are well-positioned to provide robust and innovative solutions to meet these evolving needs.' Elliot Refson, Head of Funds at Jersey Finance, added: 'The convergence of traditional investment strategies with emerging technologies, such as asset tokenisation, presents both challenges and opportunities. Jersey's progressive regulatory framework ensures we remain at the forefront of these developments, offering a stable and forward-thinking environment for fund structuring.' The high-profile invitation-only roundtable lunch was the perfect platform for Dubai-based investors, managers, advisers and service providers keen to stay updated on the latest funds news and trends, and engage with industry peers. Jersey Finance also recently published a report in partnership with IFI Global titled 'Trends in Alternative Investment' and can be accessed here [ Alternative Investing Trend In Jersey ]. About Jersey: Jersey has been a leading international finance Centre for more than 60 years. It has a forward-thinking and ESG-driven approach and is at the forefront of banking, corporate services, fintech, funds, investment management, private wealth, and the specialist areas of Islamic finance and philanthropy. Financial firms in Jersey provide services to clients around the world. About Jersey Finance: Jersey Finance is proud to represent and promote the Island of Jersey as a clear leader in international finance. We champion the competitive position of Jersey's finance industry, both locally and internationally, supporting the highest regulatory standards and the most attractive products and services to suit the needs of global investors. View our Business Directory to discover more about Jersey's financial services industry. Media contacts Yasa Ahmad Edelman Smithfield Email:
