Jersey throwing shade at Neil Woodford won’t quiet the tax haven’s critics

In a recent interview, the island’s financial watchdog said Jersey was ‘not the place to come’ for anyone trying to get around UK regulation – except Woodford hasn’t yet applied, James Moore writes

Neil Woodford: Jersey has made it clear that the embattled fund manager is not welcome (Woodford Investment Management)

Don’t even think about it” was the message of Jersey’s Financial Services Commission (FSC) to embattled fund manager Neil Woodford, who had been looking at the British crown dependency as the base for his next venture. 

The one-time star stock-picker has been under a dark cloud ever since the collapse of his Woodford Equity Income fund, an event Britain’s Financial Conduct Authority (FCA) has been investigating for 18 months and counting. 

A month or so ago, he broke cover in The Sunday Telegraph, revealing plans to start a new operation based in the bailiwick. Looks like it’s time for a rethink.