Jersey Finance Hosts Cross-Border Planning Conference

Event in Riyadh addresses family business trends and succession planning

Riyadh, Saudi Arabia— Jersey Finance, a prominent international financial center, sponsored Informa Connect’s inaugural ‘Cross-Border Planning: Middle East’ conference in Riyadh on 17-18 September 2024, previously held in Dubai.

The event at the Hyatt Regency focused on crucial issues for Saudi and global family businesses, including next-generation trends, governance, and succession planning. Notable speakers like Hassan Zawawi, Daniel Pacic, Dan Toft, and Alia Haskouri shared insights on family enterprise preparedness and the aspirations of future leaders. The panel was moderated by Faizal Bhana, Jersey Finance’s Director for the Middle East, Africa, and India.

Mr. Bhana stated, This conference provided a valuable platform for discussing the evolving needs and emerging trends within family businesses in the Middle East. We were pleased to sponsor this event, reinforcing Jersey’s status as a leading international finance center for the region. Jersey’s expertise in cross-border planning, wealth management, Shari’a-compliant finance, and regulatory excellence makes it a natural partner for family enterprises here.

Earlier this year, Jersey received recognition from MONEYVAL, the Council of Europe’s monitoring body, for its high standards in combating money laundering and financing terrorism.

Jersey has been a leading international finance center for over 60 years, known for its innovative and ESG-driven approach. It excels in banking, corporate services, fintech, funds, investment management, private wealth, and niche areas like Islamic finance and philanthropy.

About Jersey: Jersey is a top international finance center with over 60 years of experience. It is known for its forward-thinking and ESG-driven approach and leads in various sectors including banking, corporate services, and Islamic finance.

About Jersey Finance: Jersey Finance promotes Jersey as a leader in international finance, advocating for the highest regulatory standards and offering attractive products and services for global investors.

For more information, contact Yasa Ahmad at Edelman Smithfield via email: yasa.ahmad@edelmansmithfield.com.

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