No 44



UAE Deposits In Jersey Total $11Bn

Deposits from the UAE in Jersey currently total over $11bn of the total $500bn administered there, said senior ministers from the State of Jersey, according to a report inGulf News on 29 October. The $11bn UAE money is mostly deposits. But it could be more. We do not know if UAE money is invested in funds there, said Senator Pierre Horsfall, First Minister of Jersey, which is the largest of the tax haven British Channel...