Increased interest and activity establishing philanthropic structures in Jersey is expected after the States of Jersey took the final decision to implement the remaining provisions of the Charities (Jersey) Law 2014 yesterday.
The new law – which will now largely come into force on 1 May 2018 with the last remaining provisions on 1 January 2019 – introduces a register of recognised charities with general, restricted and historic sections which provide distinct levels of public access to data on the register; creates the office of the Commissioner who will oversee all charities and ensure enforcement of the law and provides a framework by which charities in Jersey will be regulated.
Ogier partner James Campbell says that the new law is already having an impact and generating interest and will be a key component of Jersey’s offering as a centre of excellence for philanthropic wealth management.
