Jersey digitises fund application process
The Jersey Financial Services Commission (JFSC) has launched an automated online tool to speed up the authorisation process.
Launched last month as part of its bid to become paper-free by 2019, the process has been designed to cater for a limited number of professional and institutional investors and allows suitable applicants the potential for instant approval.
Jersey's online fund application process was labelled "revolutionary" for the industry, according to the head of the Jersey Funds Association (JFA).