Latest figures released on Jersey’s finance industry show a steady performance including a small increase in banking deposits and signs that a change to fund regulation will support certain types of new funds business.

Banking deposits have reached their highest level since last summer and while there was a small fall in the value of funds, this has followed a period of consistent growth each quarter, so overall the economic picture is very stable. The statistics, collated and prepared by the Jersey Financial Services Commission (JFSC), are for the three month period ending 31 March 2015. Headline fi...