Updated company and trust laws reducing administrative burdens in the Channel Islands are among the findings highlighted by TMF Group following its research into the changing diversification strategies of wealthy families amid global uncertainty.

The firm’s latest white paper, ’Building a future-ready family wealth strategy’, includes insights from family office and private wealth professionals across four wealth hubs: the UK and Channel Islands, the Middle East, Asia Pacific and Latin America.

The Channel Islands continue to evolve in line with global best practice, while preserving the flexibility and discretion that international families require

Helen Bougourd, director of trust and corporate services at TMF Group

TMF noted that the UK, Jersey and Guernsey are seeing family offices “adapt to a rapidly changing regulatory and operating environment”, putting a stronger focus on governance, digitalisation and flexible wealth structures.

It also highlighted that “the Channel Islands are also adapting their frameworks to meet changing family office needs”, citing recently updated company and trust laws in Jersey and Guernsey intended to modernise governance and simplify administrative processes.

Helen Bougourd, director of trust and corporate services at TMF Group, said: “The Channel Islands continue to evolve in line with global best practice, while preserving the flexibility and discretion that international families require.”

The firm also pointed out that, according to the rankings of the 2026 Global Business Complexity Index, Jersey sits among the least complex jurisdictions considered by families deciding where to manage their wealth.