News Offshore Law firms Call for investigation as Jersey lawyers are accused of ‘cartel’-style behaviour By The Lawyer 24 October 2010 00:00 17 December 2015 15:51 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Sameer 25 October 2010 at 12:13 “Jersey’s an international finance centre” (?) …yeah right. Other than cows and expensive estates what else have they got compared to Singapore or Hong Kong? Reply Link Anonymous 27 October 2010 at 12:49 @ Sameer errrr… a STEP International Finance Centre of the Year Award…? A top division ranking in the IMF’s list of internation finance centres…? Reply Link Sameer Whaley 1 November 2010 at 16:43 @Anonymous: STEP has its roots in Jersey, no wonder it gave Jersey Financial Center Award. As for IMF, you need to double check the rankings again to see the large gap between Singapore and Jersey. Reply Link Anonymous 2 November 2010 at 03:10 Seems pretty cheap in comparison to Magic Circle rates in London – not sure what all the fuss is about… Reply Link Anonymous 3 November 2010 at 16:56 @ Sameer: As I understood it (and as you wrote it), you were originally questioning whether Jersey was an IFC at all, hence my response. For what it’s worth, Jersey also features highly in the Global Financial Centres Index, and is well-placed in The Banker magazine’s IFC rankings. Jersey very obviously is an IFC, whatever your redundant view of cows and expensive estates might be (is Singapore any less an IFC because it has pink dolphins?). If your comment was a sneer at significance in the global markets, notwithstanding what might be said to counter that view, given that Singapore and Hong Kong respectively have populations 55 and 78 times as big as Jersey’s, it’s a rather daft comparison don’t you think? Reply Link Anonymous 8 December 2010 at 12:37 The fact that Diamond has to give a range of salaries just for partners and just for the top-tier firms, surely indicates that there is no cartel! Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.