The number of foundation structures registered in Jersey grew by nine percent last year, with a total of more than 350 foundations having now been set up in Jersey since the structure’s introduction in 2009.

Some 30 foundations were registered with the Jersey Financial Services Commission (JFSC) last year, the biggest rise since 2014, meaning that the total number of foundations established in the jurisdiction over the past nine years, including active and dissolved foundations, stood at 357 at the end of 2017, according to figures collated by Jersey Finance.

Jersey’s Foundations Law came into force in July 2009...