Operational Information

CFCL General information - Jersey

Market Coverage | Jersey CFCL

Reference

Service level
CFCL
Last Updated
29.08.2024
This page contains Governing Information.

CFCL eligible fund types

Register market

Investment funds in Jersey can be structured as:

  • Company under the Memorandum and articles of association and Companies (Jersey) Law, 1991 (as amended)
    • Limited Companies;
    • Protected Cell Company (PCC);
    • Incorporated Cell Companies (ICC).
  • Unit Trusts under the Trust Instrument/Declaration of Trust and Trusts (Jersey) Law, 1984 (as amended);
  • Partnerships
    • Limited Partnerships under the Limited Partnership Agreement and Limited Partnerships (Jersey) Law, 1994 (as amended);
    • Separate Limited Partnerships (SLP) under the Separate Limited Partnership Agreement, Separate Limited Partnerships (Jersey) Law, 2011 (as amended);
    • Incorporated Limited Partnerships (ILP) under the Separate Limited Partnership Agreement, Incorporated Limited Partnerships (Jersey) Law, 2011 (as amended);
    • Limited Liability Partnerships (LLP) under the Limited Liability Partnership Agreement, Limited Liability Partnerships (Jersey) Law, 2017 (as amended).

Operational arrangements

This section describes the operational arrangements of the Jersey market:

Register Market 

Remarks 

Settlement free of payment 

Yes 

Settlement against payment 

Yes 

Eligible settlement currencies (between CEU, CBL and CFCL counterparties only): AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, JPY, MXN, NOK, NZD, PLN,  SEK, SGD, TRY, USD and ZAR.