The JFSC and the Jersey government have issued a joint Dear CEO statement on Brexit [8 February 2019]. You can read it here  also you can find a version below. This letter highlights the following matters:- Information and resources Jersey’s financial services Data flows EU Nationals Other Government departments Expectations of firms Introduction No Deal […]

The FCA has published a “Dear CEO” letter on its expectations of principal firms operating in the general insurance sector. In the letter, the FCA refers to the publication of the results of its thematic review into the supervision by principal firms of their appointed representatives in the general insurance sector The review found widespread […]

On 22 February, the Jersey Financial Services Commission (JFSC) issued a Dear CEO letter to highlight the growing importance of cybersecurity arrangements and the Commission’s expectations of registered persons in this regard. http://bit.ly/1VBkOsP  Although the Commission has not developed its own principles and/or guidance, it is expected that registered persons will take appropriate steps to […]

The Guernsey Financial Crime Supervision & Policy Division has prepared and issued a Guidance Note (“Note”) following analysis of both the results of onsite visits undertaken by the Commission since 2012 and trends identified from financial crime assessments undertaken at local and international level. This Note is intended to further assist businesses in understanding the […]

The Guernsey Financial Crime Supervision & Policy Division has prepared a Guidance Note (“Note”) following analysis of both the results of onsite visits undertaken by the Commission since 2012 and trends identified from financial crime assessments undertaken at local and international level. This Note is intended to further assist businesses in understanding the Commission’s expectations […]

The JFSC has written a Dear CEO aimed at advising all Compliance Officers and asking firms to note that the Commission has made amendments to the prescribed format of the Investment Business Employee Information Form (also known as the Template – Investment Employees and Senior Management Notification). These amendments take effect for the submission of […]