The ways in which digital asset infrastructure is influencing how financial services are structured, delivered and supported – and what that evolution means in practice for the island – will be discussed at a Jersey Finance event later this month.
The second iteration of the organisation’s flagship fintech event FINx, which was launched last year, will be held on Wednesday 25 November at the Radisson Blu Hotel.
It will include a number of keynote speakers, as well as panel sessions, with a core focus on the rise of digital assets and the impact of institutional tokenisation on Jersey’s financial and professional services industry.
The subject, which is cited within the government’s Time to Win strategy, saw the launch of a new Digital Assets Innovation Council earlier this year.
Additionally, Jersey Finance and the Jersey Financial Services Commission both recently published new digital asset-specific online resources.
As the digital asset ecosystem becomes more institutional, questions are moving away from technology towards regulation, structuring, governance, custody and transparency – and these are all areas where Jersey excels
Jersey Finance deputy chief executive Amy Bryant
A new central hub for regulatory guidance from the JFSC is complemented by updated Jersey Finance content, together helping firms understand Jersey’s digital assets proposition, regulatory pathways and where to find relevant support.
Amy Bryant, the deputy chief executive of Jersey Finance, said: “Following the success of our inaugural FINx last year, we are very much looking forward to hosting our second event this year.”
She noted that it “very deliberately shines a spotlight solely on digital assets and tokenisation, and what that means for the future competitiveness of Jersey’s financial and professional services industry”.
Ms Bryant continued: “There’s no doubt that digital assets represent a fundamental shift for financial services, but also a very real opportunity for Jersey.
“As the digital asset ecosystem becomes more institutional, questions are moving away from technology towards regulation, structuring, governance, custody and transparency – and these are all areas where Jersey excels.”
Ms Bryant added: “The challenge for us now is to ensure that we maximise this opportunity and continue to assert our capability in this area.
“I’m sure our high-calibre line-up of speakers at FINx this year will provide some valuable insights into the scale of opportunity and the direction of travel.”
