Jersey looks to Russia for finance industry growth

Jersey Finance has said it is confident there is new business to be made in Russia.

The body that overseas Jersey's finance industry said that there were a growing number of wealthy people in the country.

Christine Whitfield, from Jersey Finance, has just returned from a major conference in Moscow.

She said Jersey was ideally placed as a leading international finance centre to provide Russia with financial services.

Ms Whitfield said in this post-financial crisis environment it was about the reputation of the jurisdiction as well as the products available.

She said this made Jersey's high standing attractive to investors.

A further visit is planned to Russia later in the year.

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