Jersey Finance – the promotional agency for the island’s financial services industry – has welcomed the signing of a Tax Information Exchange Agreement (TIEA) with Canada - Jersey's twentieth agreement to enhance tax cooperation with third countries.
The agreement was signed on January 12 by the Canadian High Commissioner to the United Kingdom during a visit to Jersey to meet the island’s Chief Minister, Terry Le Sueur.
Welcoming the agreement, Jersey Finance said: “The finance industry is fully supportive of the series of TIEAs signed by the Jersey authorities, which are set to continue. They help to reinforce the high standards of Jersey’s finance industry and signal Jersey’s continuing participation in global initiatives designed to strengthen the financial services system and combat fiscal crime.”
Geoff Cook, chief executive of Jersey Finance, added: This latest TIEA with Canada is another significant step in strengthening Jersey’s ties with some of the largest economies in the world. Jersey has now signed agreements with nine of the G20 nations, with a further seven either initialed or fully negotiated. Not only does this reflect the international dynamic of Jersey’s finance industry, it also demonstrates how the world’s leading countries view the quality and robust nature of Jersey’s legislative and regulatory framework.
The agreement was signed on January 12 by the Canadian High Commissioner to the United Kingdom during a visit to Jersey to meet the island’s Chief Minister, Terry Le Sueur.
Welcoming the agreement, Jersey Finance said: “The finance industry is fully supportive of the series of TIEAs signed by the Jersey authorities, which are set to continue. They help to reinforce the high standards of Jersey’s finance industry and signal Jersey’s continuing participation in global initiatives designed to strengthen the financial services system and combat fiscal crime.”
Geoff Cook, chief executive of Jersey Finance, added: This latest TIEA with Canada is another significant step in strengthening Jersey’s ties with some of the largest economies in the world. Jersey has now signed agreements with nine of the G20 nations, with a further seven either initialed or fully negotiated. Not only does this reflect the international dynamic of Jersey’s finance industry, it also demonstrates how the world’s leading countries view the quality and robust nature of Jersey’s legislative and regulatory framework.
