The Jersey Association of Trust Companies (JATCo) is an organisation that represents the majority of trust companies in the Island of Jersey, Channel Islands. It has over 80 member firms, which employ an estimated 4,000 people locally. Its members, and those employed by them, contribute a significant percentage of the Island’s annual tax revenues.

Activities

 JATCo is a proactive organisation, which represents its members’ interests to government and financial services regulators. It also runs an educational programme to enable decision makers and opinion formers (both locally and further afield) to have critical information upon which to make decisions affecting the Island’s trust industry.  JATCo canvasses its members’ opinions and informs members about developments within the industry be they technical, regulatory or of a practical nature. It holds forums and seminars on current topics of interest as well as sending regular newsletters to members. Items of interest and education are regularly posted on the Association’s web site. It represents members on various industry, regulatory and governmental working parties making minutes of such working parties available to members wherever possible.

Membership

 Licensing by the Jersey Financial Services Commission, or transitional status in anticipation of licensing, is a prerequisite of membership. For more information about joining JATCo please e-mail sara.lloyd@jatco.org or telephone 768866.

JATCo’s members range from small locally owned trust companies to large multinational financial services providers. The Association’s Committee reflects this mix and includes members of the Trusts Sub-group of the Jersey Bankers Association and members of the Jersey Branch of the Society of Trust and Estate Practitioners (“STEP”).