Jersey Finance’s new chief executive Joe Moynihan has emphasised that the Crown Dependency is benefiting from Brexit-related uncertainty in the UK and Europe.

Speaking at Jersey Finance’s Annual London Private Wealth Conference, Mr Moynihan said Jersey was a ‘third country’ to the European Union, with its relationships with European nations negotiated on a bilateral basis.

“Despite what you might hear elsewhere, from a Brexit perspective our status is pretty much unchanged,” Mr Moynihan said.